PM Modi endorses film 'The Kerala Story', slams Congress for opposing it
Says movie exposes ugly truth of terrorism
In a recent speech in Ballari, Karnataka, Prime Minister Narendra Modi has strongly criticized the opposition Congress party for opposing the film 'The Kerala Story', which he said is based on a terror conspiracy. The Prime Minister alleged that the Congress party has succumbed to terrorism for the sake of its vote bank and has shielded terrorism in the past.
PM Modi stated that the film exposes the ugly truth of terrorism and the design of terrorists, and it is alarming to see that the Congress party is opposing such a film that exposes the reality of terrorism. He further added that in the atmosphere of terror, the industry, IT industry, agriculture, farming and the glorious culture of Karnataka will be destroyed if Congress is voted to power.
The Prime Minister's speech comes in the context of the upcoming Karnataka Assembly elections, where the BJP is seeking to retain power in the state.
The Karnataka elections are crucial for both the BJP and the Congress party as the state is considered to be a gateway to the south. Political pundits believe the outcome of the elections in Karnataka will have a significant impact on the political landscape of the country, especially in the southern region.
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In his speech, PM Modi urged the people of Karnataka to vote for the BJP in the upcoming elections and claimed that only the BJP can provide a stable and development-oriented government in the state. He also promised that the BJP government will work towards the welfare of the people and ensure the development of the state.
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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.
