Researchers find evidence of 4,000-year-old human settlement in Karnataka's Maski: Report
Maski: A collaborative team of international and Indian researchers has uncovered evidence of a 4,000-year-old human settlement in Maski, a town in Karnataka’s Raichur district, reported Deccan Herald on Thursday.
A group of over twenty researchers from the United States, Canada, and India has been excavating areas around Mallikarjun Hill and the Anjaneya Swamy temple in Maski for the past three months. During the dig, they unearthed various artefacts and tools dating back 4,000 years, suggesting the presence of a once-thriving human settlement.
The excavation team includes Professor Andreem M. Bower of Stanford University (USA), Peter G. Johansson of McGill University (Canada), and Hemanth Kadambi from Noida University (India).
The team started digging around in Maski after obtaining permission from the ASI. They identified 271 locations of archaeological interest and stumbled upon evidence confirming that the region around the Mallikarjun Hill and the temple were inhabited by people between the 11th and 14th centuries BCE, added the report.
“We have found evidence that indicates that there was a human settlement in Maski around 4,000 years ago,” DH quoted Kadambi as saying.
Among the artefacts unearthed are various domestic tools and cooking implements, including earthen pots and pans.
This new finding further enhances Maski’s historical significance, which gained prominence with the earlier discovery of an inscription dating back to the time of Mauryan emperor Ashoka.
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Rupee slips 1 paisa to 90.67 against US dollar in early session
Mumbai (PTI): The rupee slipped by 1 paisa to 90.67 against the US dollar in the early session on Monday amid FII outflows and a stronger greenback.
A marginal rise in global crude oil prices and a sharp decline in the country's forex reserves also weighed on the local unit, according to forex traders.
At the interbank foreign exchange, the rupee opened higher at 90.63 before falling to 90.67 against the US dollar, down 1 paisa from its previous close.
The rupee consolidated in a narrow range and settled 5 paise lower at 90.66 against the US dollar on Friday.
"The rupee opened slightly stronger from Friday close and should remain in a small range on a day when cash demand will be lower due to US Presidential Day holiday," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
Markets will watch out for India's trade balance figures, which could be released by the commerce ministry on Monday, he said.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.02 per cent higher at 96.93.
Brent crude, the global oil benchmark, was trading 0.04 per cent higher at USD 67.78 per barrel in futures trade.
At the domestic equity markets, Sensex declined 71.53 points to 82,555.23 in early trade while Nifty was down 11.95 points to 25,459.15.
On Friday, foreign institutional investors offloaded equities worth Rs 7,395.41 crore, according to exchange data.
Reserve Bank data released on Friday showed India's forex reserves were down USD 6.711 billion to USD 717.064 billion during the week ended February 6. In the previous reporting week, the kitty had jumped by USD 14.361 billion to an all-time high of USD 723.774 billion.
