Reduce safari activities in forest areas of Mysuru: CM Siddaramaiah to officials
Mysuru (PTI): Karnataka Chief Minister Siddaramaiah on Monday said he has directed officials to scale down safari activities in the forest areas of Mysuru following the deaths of three farmers in October within a span of two weeks.
He said the growing human activity in forest zones and the search for water and food have been driving wild animals into human settlements.
"What has happened is that people's movement in the forest region has increased, and resorts are coming up," Siddaramaiah told reporters here.
"Further, safari activities have increased—that's one reason. Then, they (wild animals) come for water and food to the villages," he added.
"Yesterday, there was a meeting with forest officials. I will convene another soon. We will take action against illegal resorts, and I have directed officials to reduce safari activities in the forest," the chief minister further said.
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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.
