Mangaluru: HIF releases book titled 'Big B' to pay tribute to Late SM Basheer
In an event held at the Highland Islamic Forum (HIF) Auditorium in the city, the Highland Islamic Forum (HIF) unveiled a new book titled 'Big B,' a tribute to the late SM Basheer.
Subtitled 'A Bond Beyond Brotherhood,' the book is centered around the inspirational thoughts and life of Late SM Basheer.
Addressing the gathering at the book launch, NA Muneer, Ex-Chairman of the Kuwait Kerala Muslim Association (KKMA), shared memories of his association with SM Basheer. Muneer spoke about the charismatic personality and powerful aura that SM Basheer possessed, leaving a lasting impact on everyone who met him.
Recalling his memories, Muneer emphasized that even a year after SM Basheer's passing, he continues to remember and honor the late leader. He praised SM Basheer's instrumental role in organizing significant events at KKMA and acknowledged his invaluable contributions to the organization while serving as its chief.
Fatah Tayyil, Ex-President of KKMA, also paid tribute to SM Basheer, acknowledging his substantial contributions to the KKMA.
SM Rasheed, Chairman of Bearys Chamber of Commerce and Industries (BCCI), spoke about SM Basheer's profound influence on people's lives and commended his contributions to the BCCI.
Other speakers, including Mohammed Ali Uchchil and Rizwan Pandeshwar, shared their views on the life and impact of SM Basheer during the event.
The book 'Big B' was released by AK Niyaz, MD of AK Group of Companies, along with HIF India President Adil Parvez, and other guests present at the event. Hussain Shafi, the author of the book, was felicitated by HIF for his contributions. HIF also presented a documentary-style short video introducing SM Basheer and showcasing his life.
Prominent figures such as SM Basha, MD of SM Group of Companies, SM Farooq, KK Abdullah, officials, and executive members of KKMA and BCCI graced the occasion.
The event, hosted by AK Shaaz, concluded with supplications led by Moulana Tayyub, Khateeb Ehsan Masjid.
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Rupee settles 1 paisa higher to close at 94.15 against US dollar
Mumbai (PTI): The rupee settled with gains of just one paisa to close at 94.15 against the US dollar on Monday, as rising global uncertainty, escalating tensions in West Asia and soaring crude oil prices weighed on investor sentiments.
Forex traders said the INR/USD pair pared its initial losses, but the overall bias remains negative as FII sell-off and elevated crude oil prices restricted the gains for the local unit.
At the interbank foreign exchange market, the rupee opened at 94.25 against the US dollar, and touched an intraday high of 94.11 and a low of 94.28 against the greenback during the day.
At the end of Monday's trading session, the rupee was quoted at 94.15, registering a gain of just 1 paisa over its previous close.
On Friday, the rupee extended its losing streak for the fifth day in a row, depreciating 15 paise to close at 94.16 against the US dollar.
"The rupee snapped a five-session losing streak, rebounding in tandem with a rally across regional currencies. However, the mood remains apprehensive as the market braces for a potential RBI intervention around 94.30 and higher crude oil prices," said Dilip Parmar – Senior Research Analyst, HDFC Securities.
On the charts, the USDINR pair has reclaimed its upward momentum, carving out a classic bullish structure of higher highs and lows on the daily time frame, he said, adding that for the coming sessions, 93.80 serves as a support, with 94.40 acting as the primary hurdle.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.21 per cent at 98.32.
Brent crude, the global oil benchmark, was trading higher by 2.36 per cent at USD 107.82 per barrel in futures trade.
On the domestic equity market front, Sensex jumped 639.42 points to settle at 77,303.63, while the Nifty surged 194.75 points to 24,092.70.
Foreign Institutional Investors offloaded equities worth Rs 1,151.48 crore on Monday, according to exchange data.
Meanwhile, India's forex reserves jumped by USD 2.362 billion to USD 703.308 billion during the week ended April 17, the Reserve Bank of India (RBI) said on Friday.
In the previous reporting week, the forex kitty had increased by USD 3.825 billion to USD 700.946 billion.
