Indian Railways to inaugurate world's tallest railway bridge this year
New Delhi: Indian Railways is set to inaugurate the world's tallest railway bridge across the river Chenab this year. The bridge, part of the Katra-Banihal section of the Udhampur-Srinagar-Baramulla rail link project, stands at a height of 35 meters above the river bed, surpassing the Eiffel Tower in Paris.
This engineering marvel in the Himalayan region comprises 93 deck sections, each weighing 85 tons, supported by giant steel arches on both sides. The main arch of the bridge, spanning 467 meters, is considered the longest of its kind. The construction of this arch was a challenging task, according to Indian Railways.
The inauguration is scheduled under the 100-day action plan of the new government, and train traffic is expected to commence through the bridge this year. The completion of this project will connect Jammu & Kashmir with the rest of India.
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.
