Karnataka govt fixes salaries for priests of Jain temples
Bengaluru (PTI): The Karnataka government has issued an order fixing salaries for chief priests and assistant priests of Jain temples in the state.
The chief priests of 1,043 Jain temples in the state will receive a salary of Rs 6,000 each, while assistant priests will receive Rs 5,000 each, a statement from Minority Affairs Minister B Z Zameer Ahmed Khan's office said on Monday..
The decision was announced in the state budget.
So far, 1,043 proposals have been received from various districts for the salaries, and Minister Zameer Ahmed Khan has approved all these proposals and instructed that the order be issued, it said.
At the same time, the Minister also issued an order to release Rs 1 crore for the development of the Mahabodhi Society in Gandhi Nagar, Bengaluru.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
