Dakshina Kannada to host Karavali Utsav from Dec 19 to Jan 4
Mangaluru: This year’s Karavali Utsav has been scheduled from December 19 to January 4, Dakshina Kannada Deputy Commissioner Darshan H announced on Monday.
He was speaking after chairing the preliminary meeting held at the DC office to plan the annual festival. He said the focus this year will be on programmes that draw public participation, with a mix of cultural, visual art, adventure and nature-based activities. Officials have been asked to prepare accordingly.
The festival will feature beach events, Kala Parba, Chitrasanthe, and a fruit-and-flower exhibition. The district administration is planning special activities across major beaches. Sports will be an important part of the festival, particularly beach football and volleyball.
Events will be spread across the Lalbagh Karavali Utsav Grounds, Kadri Park and multiple beaches. A bike, car and dog show has also been planned. Some of the festival activities may be held at Pilikula as well, the DC said.
As part of the festival, the administration is also exploring the possibility of allowing the public to visit ships at the New Mangalore Port and view Coast Guard vessels, based on permission from the concerned authorities.
Deputy Commissioner Darshan H was joined by DCP Mithun HN, Mangaluru Revenue Sub-Division Officer Meenakshi Arya and other officials.
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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.
