Let 5 from BJP give resignation: Kumaraswamy
Mandya, Sept 11: Let’s wait for some time, if you want a different type of ‘U’ turn, let five from BJP give resignation,” said Chief Minister Kumaraswamy.
The chief minister reacted to the media person’s query over the disillusionment of the Jarkiholi brothers in Mandya today.
When asked, would the act of Jarkiholi brothers’ leaves any impact on the state government, the CM replied “I do not know about the dissatisfaction of the Jarkiholi brothers. I have not stated anything about this. But I am watching this news only in the media. You present news as if the government is about to fall. I do not know where you get such information. I also don’t know with what intention the media houses are presenting such news, He said.
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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.
