Bengaluru, October 14: Kannada Development Authority chairman Prof S.G. Siddaramaiah said that anybody could get doctorate degree for a thousand rupees from a foreign university.

Speaking at the Ninth Kannada Sahitya Samskritika Samavesha organised by the Buddha Basava Gandhi Cultural Trust at Kannada Sahitya Parishad here on Sunday, he said that instead of getting a doctoral degree through payment, it was better to get it by working on a literary work. Those who involve in literary activities as multi-lingual personality would promote Kannada. Such writers would contribute for the exchange of literature and culture as they have knowledge of literature of other languages and writer Varada Srinivas was one among such writers, he said.

The competitive exams should be conducted in regional languages. As the Central government was conducting various competitive exams only in Hindi and English, the pluralism of regional languages does not have place in the federal system and it was anti-Constitutional. Poetess Varada Srinivas has raised voice against atrocity on women, dominance of male-dominated society and female equality in her poems, he opined.

Both are equal

Convention president and writer Varada Srinivas welcomed the Supreme Court decision of abolishing the IPC Section 486 which allowed man to have ownership over woman and removing the restriction on women to enter Sabarimala temple. The Supreme Court had upheld the Constitutional morality, according to which, husband was no longer a boss or owner and woman was no longer a slave. Both man and woman were equal in all aspects including sex and they were basic values. Unfortunately, the Supreme Court verdict, in a way, has given licence to husband to have illicit affair. Normally, the chances of wife having illicit affair were less. Many people opined that this verdict was like a licence given to have adultery. The verdict would create enmity between men and women individually. This would create an embarrassing situation in a society which has traditional mindset, she said.

Rapes, sexual harassment, use of contraceptive pills, removing uterus and other issues have already pushed women to ditch. Why should she be punished for the mistakes of others? She was not happy with the verdict given by the Supreme Court. No woman would think of having illicit affair if her husband had such relationship. It would be a rare case as some modern women could think of having such relationship, she said.

Sahitya Koota President Nanjappa Kalegowda, Buddha Basava Gandhi Cultural Trust President S. Ramalingeswara, K.V. Nagaraja Murthy of District Sharana Sahitya Parishat and others were present.



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New Delhi (PTI): Snapping the four-day record rally, gold prices declined by Rs 1,700 to Rs 1,35,900 per 10 grams in the national capital on Tuesday as investors booked profits amid weak global cues, according to the All India Sarafa Association.

The precious metal of 99.9 per cent purity had surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams on Monday. The metal rose by Rs 6,000 over the previous four days, trading at record highs.

"Gold prices witnessed profit booking and remained volatile, with the yellow metal slipping towards the USD 4,275 level in global markets and staying under pressure," Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said.

Echoing sentiments, Dilip Parmar, Research Analyst, HDFC Securities, said, "Domestic gold prices also softened, curtailing a four-day advance. These losses were, however, notably mitigated by the persistent weakness in the Indian Rupee which quoted at a record low level".

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In the local bullion markets, silver prices also depreciated by Rs 1,000 to Rs 1,98,500 per kilogram (inclusive of all taxes). The white metal had ended flat at Rs 1,99,500 per kg, also its all-time high level, as per the association.

Parmar added that physical jewellery demand is expected to be subdued commensurate with the onset of the inauspicious period, investment demand is forecast to remain robust, a tendency driven by prevailing risk-averse market sentiments.

In the international markets, spot gold snapped a five-day winning streak, declining by USD 27.80, or 0.65 per cent, to USD 4,277.42 per ounce.

"Gold prices experienced a modest decline, easing following five consecutive sessions of appreciation, as market participants strategically positioned themselves ahead of a critical suite of US economic data releases this week," Dilip Parmar said.

These incoming reports are poised to offer significant clarity regarding the Federal Reserve's predilection for implementing further interest-rate cuts, a key macroeconomic catalyst for the non-yielding asset, he added.

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Spot silver also dropped by USD 1.07, or 1.67 per cent, to USD 63.02 per ounce in the overseas markets.

Bullion prices are trading lower as caution prevails ahead of US nonfarm payroll (NFP) data to be released later in the day, which will show NFP figures of both October and November, Praveen Singh, Research Analyst, Mirae Asset ShareKhan, said.