11 members elected unopposed to Vidhan Parishad in Karnataka
Bengaluru: The Secretary of the State Assembly and Election Officer, MK Vishalakshi announced that 11 members have been elected unopposed to the Legislative Council and confirmed the election results.
Among the elected members, the Congress party secured 7 seats, while the BJP clinched 3 seats. The remaining seat went to the JDS party.
The elected members from the Congress party include Ivan D'Souza, K. Govindaraj, Jagadev Guthedar, Balkis Banu, NS Bhosaraju, Dr. Yathindra, and A. Vasanthakumar. From the BJP, CT Ravi, N. Ravikumar, and Mule Maruti Rao secured their positions, whereas the JDS party's representative is T. N. Javarai Gowda.
Initially, elections were scheduled for June 13 to fill the 11 Legislative Council seats from the State Assembly. However, with only 12 candidates submitting nomination papers for these positions, no voting is being held. The nomination paper of Asif Pasha was rejected due to insufficient indicators, leaving 11 candidates in the fray.
Despite the option to withdraw nomination papers until 3 pm on Thursday, June 6, none of the candidates opted to do so. Consequently, all 11 candidates emerged victorious without contest.
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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.
