Car falls into Bhadra canal in Davanagere as driver loses control; two drown, four swim to banks
Davanagere: In an accident that occurred in Hosuru village of Channagiri taluk, two men drowned and four swam to safety as their car fell into the Bhadra canal at dawn on Sunday.
The group of six friends from Davanagere was traveling to Mangaluru in a car at Saturday-Sunday night. The accident reportedly occurred as the driver, in a state of drowsiness, lost control over the car, which toppled and fell into the waters of the canal near Soolekere in Channagiri taluk early Sunday morning.
While Davanagere city residents Mallikarjun (29) and Siddesh (38) are learned to have drowned in the canal waters, four other passengers got out of the car as the door opened, and then swam to the banks of the canal.
Santhebennur Police visited the spot on receiving information on the incident and held an inspection.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
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.
