Mandya: Curtains on 87th Kannada Sahitya Sammelana; Ballari to be venue for next literature featival
Mandya: Curtains came down the 87th All India Kannada Sahitya Sammelana in the city on Saturday night, with the Kannada Sahitya Parishad declaring that the next Kannada literature festival will be organized in Ballari district in 2025.
In a meeting held at a private hospital here on Sunday night, representatives of the Kannada Sahitya Parishads of all districts of the state came to a unanimous decision that Ballari would be the venue for the 88th Kannada Sahitya Sammelana, giving the border district the privilege of hosting a Kannada literature festival after 66 years.
Some of the representatives suggested Chikkamagaluru and New Delhi too while the matter of venue for the next Sammelana was raised, but the members finalized on Ballari as the district that would host the next literature festival.
The Kannada Sahitya Sammelana was organized in Ballari in the pre-Independence era in the years 1926 and 1938. After Independence, the festival was organized at the Municipal College grounds in the city and presided over by Jnanpith Award-winning Kannada writer VK Gokak.
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Rupee declines 27 paise to 90.95 against US dollar in early trade
Mumbai (PTI): The rupee depreciated 27 paise to 90.95 against the US dollar in early trade on Friday, weighed down by a strong American currency and higher crude oil prices due to the escalated geopolitical tension.
A selling rush in domestic equities further pressured the Indian currency, forex traders said.
At the interbank foreign exchange, the rupee opened at 90.94 and slipped further to trade at 90.95 against the greenback in early deals, losing 27 paise from its previous closing level.
The rupee rose 4 paise to settle at 90.68 against the US dollar on Wednesday. The currency exchange markets were closed on Thursday on account of Chatrapati Shivaji Maharaj Jayanti.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 97.89.
Brent crude, the global oil benchmark, was trading 0.14 per cent higher at USD 71.77 per barrel in futures trade.
Analysts attributed the strengthening dollar and crude prices to heightened tension between the US and Iran, with both countries signalling they are prepared for war if talks on Tehran's nuclear programme fizzle out.
On the domestic equity market front, Sensex fell 150.35 points to 82,347.79 in early trade while the Nifty declined 35.15 points to 25,419.20.
On Thursday, foreign institutional investors offloaded equities worth Rs 880.49 crore, according to exchange data.
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