Last rites of Shiroor Swamiji at Shiroor Moola Mutt
Shiroor (Hiriyadka), July 19: The last rites of Lakshmivara Tirtha Swamiji of Shiroor Mutt were held at the Shiroor Moola Mutt near Hiriyadka on Thursday evening as per the Hindu rituals.
The mortal remains of the swamiji was taken in an open jeep from Udupi Sri Krishna Mutt at 6 pm and reached the Moola Mutt at 7 pm. All along the road, people have the darshan of the mortal remains of the swamiji. The body was washed in the Swarna river behind the mutt. Later, all religious rituals were completed inside the mutt. Vrundavan was constructed outside the Sanctum Sanctorum of the Mutt and broke a coconut on the head symbolically. Around the body, cotton, salt, mustard, camphor and pepper were filled. A stone slab was placed above the Vrundavan and planted a sapling of holy basil on it.
Vishwavallabha Swamiji of Sode Mutt, Eshapriya Thirtha Swamiji of Admar mutt, Vidya Vallabha Theertha Swamiji of Kaniyoor Mutt, Esha Vittala Dasa Swamiji of Kemaru Mutt and others were present while performing the last rites.
Police security was beefed up around the mutt at that time. SP Lakshman Nimbargi has taken care of the security. Public were not allowed inside the mutt.
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Rupee hits all-time low for second time in a week
Mumbai (PTI): The rupee depreciated 31 paise to settle at 91.99 against the US dollar on Wednesday, touching the lowest closing level for the second time in less than a week, amid increased month-end demand for the greenback.
Forex traders said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe offered quiet reassurance. However, increased month-end demand for the American currency as well as the ongoing geopolitical tensions dented investors' sentiments.
At the interbank foreign exchange, the rupee opened at 91.60 and touched an early high of 91.50, but pared all the gains to touch an intra-day low of 91.99 against the greenback.
The domestic unit settled 31 paise down, revisiting its lowest-ever closing level of 91.99 against the greenback. The Indian currency previously ended at this level on January 23 when it also hit its all-time intraday low of 92 against the US dollar.
On Tuesday, the rupee rebounded from its all-time low levels and gained 22 paise to close at 91.68 against the US dollar.
Analysts said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe bolstered investor sentiment.
India and the European Union on Tuesday announced the conclusion of negotiations for the free trade agreement (FTA), under which a number of domestic sectors such as apparel, chemicals and footwear will get duty-free entry into the 27-nation bloc, while the EU will get access to the Indian market at concessional duty for cars and wines, an official said.
The deal has been dubbed the "mother of all deals" as it will create a market of about 2 billion people.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.07 per cent lower at 96.14.
Brent crude, the global oil benchmark, was trading 0.43 per cent lower at USD 67.28 per barrel in futures trade.
On the domestic equity market front, Sensex jumped 487.20 points to settle at 82,344.68, while Nifty surged 167.35 points to 25,342.75.
Foreign Institutional Investors turned net buyers and purchased equities worth Rs 480.26 crore on Wednesday, according to exchange data.
