Mangaluru: Here's what Dakshina Kannada Minister has to say about extension of lockdown in district
Mangaluru: The one-week long lockdown in Dakshina Kannada will end at 5 am on July 23, but sources in the District Administration have stated that the administration might extend the lockdown further in the wake of the increase of COVID-19 cases in the District.
District In-Charge Minister, Kota Srinivas Poojary, while commenting on a query regarding the extension of the ongoing lockdown in the district, said a decision will be taken in this regard after discussing the ground situation of COVID-19 with CM Yediyurappa.
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The Minister however did not rule out the extension of the lockdown and added that “The possibility of the extension cannot be ruled out. The cases in the district are increasing but a final call will be taken after discussing the scenario with the CM” the minister said on Tuesday evening.
He added that there was mixed response from the general public about the extension of the lockdown adding that a section of people was in favor of extending the lockdown for 15 more days, while the other section believes the lockdown is not the solution to the spread of COVID-19.
He further added that the issue will be taken up in a meeting with public representatives and officials of the District Administration on Tuesday evening and a final call will be taken after discussing the matter with the CM on Wednesday evening.
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Rupee falls 7 paise to 90.96 against the US dollar in early trade
Mumbai (PTI): The rupee fell by 7 paise to 90.96 against the US dollar in early trade on Tuesday, weighed down by a rise in global crude oil prices and a stronger greenback.
A poor start to the domestic equity markets further pressured the local unit, but FII inflows provided support, preventing a sharp fall, forex traders said.
At the interbank foreign exchange, the rupee opened at 90.91 against the US dollar and slipped further to 90.96, down 7 paise from its previous close.
The rupee gained 5 paise to settle at 90.89 against the US dollar on Monday.
"The Reserve Bank might be intervening to keep the rupee away from 91.00 levels, but the buying will itself allow it to go beyond 91.00 levels," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.11 per cent higher at 97.81.
"The dollar index was higher amid a repositioning... It faces headwinds from (US President Donald) Trump's 15 per cent global tariffs announcement after the unfavourable Supreme Court ruling," Bhansali said.
Brent crude, the global oil benchmark, rose sharply by 0.85 per cent to USD 72.10 per barrel.
On the domestic equity market front, the Sensex tumbled 525.29 points to 82,769.37 in early trade, while the Nifty went down 145.85 points to 25,567.15.
On Monday, foreign institutional investors purchased equities worth Rs 3,483.70 crore, according to exchange data.
