Bihar polls: Shivakumar appeals to K'taka employers to give 3 days' paid leave for migrant workers
Bengaluru(PTI): Karnataka Deputy Chief Minister D K Shivakumar has appealed to employers across the state to extend support to voters from Bihar to enable them to take part in the Assembly elections there.
In his message, which his office shared with media on Tuesday, Shivakumar noted that a large number of residents of Bihar are working in Bengaluru and various parts of Karnataka and wanted the workers to be given at least three days of paid leave for this purpose.
The Deputy CM, who is also the Congress state president, urged companies and business establishments to cooperate in ensuring the migrant workers' participation in the electoral process.
"I request all companies, commercial entrepreneurs, hotels, contractors, builders, shopkeepers and other industrialists to grant at least three days of paid leave to the voters of Bihar State so that they may be able to cast their vote in the Bihar State General Election, and to cooperate in enabling them to participate actively in the election process," Shivakumar said.
Two-phase polls are scheduled to on November 6 and November 11 for the 243-member Bihar assembly.
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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.
