4Slide Continues Despite Rbi Tonic

4Slide Continues Despite Rbi Tonic

THURSDAY www.thestatesman.net 22 AUGUST IND US ONLINE Scan this with your 2013 smartphone twitter.com/TheStatesmanLtd facebook.com/thestatesman1875 Pages 20|Rs 3.00|LC KOLKATA | NEW DELHI | SILIGURI | BHUBANESWAR OUTDOORS ANDHRA CONGRESS STAYING STEADY THE IAS COURT ORDERS Rain or thunder- VIRAT KOHLI HOLDS ON TO MUST MUBARAKS shower may occur LEADERS TALK TOUGH SIXTH SPOT IN ICC RANKINGS P12 ASSERT RELEASE Rainfall 41.2 mm DEMAND REVERSAL O TEMPERATURE DECISION ON TELANGANA P3 ITSEL P7 CASES AGAINST HIM WILL, Max: 28.9(-3) HOWEVER, CONTINUE P10 Min: 25.1 (-1) HUMIDITY Max:100%|Min:90% THUMBNAILS Flood-like situation Dawood aides: A Delhi RSLIDE CONTINUES court issued 'open' non-bailable warrants in Midnapore dists against three Dawood aides in connection with IPL spot fixing. DESPITE RBI TONIC Chinese intrusion: Chi- nese troops had come more than 20 km inside Indian territory in BSE BELLWETHER CRASHES BELOW 18,000 MARK TO 17,807.19 POINTS Arunachal Pradesh on 13 August. P2 STATESMAN NEWS SERVICE use of foreign exchange Mumbai, 21 August EXTERNAL OR INTERNAL FACTORS? reserves to stem the rupee Syria massacre: Syria's The UPA government and in particular Finance depreciation. main Opposition group The Reserve Bank of India's Minister P Chidambaram would have us The S&P Bombay Stock accused the regime of decision late on Tuesday to believe that the rupee is weakening Exchange Sensitive Index using chemical weapons buy government bonds largely because of external factors. closed at a 52-week low (since to kill more than 1,300 worth Rs 8,000 crore in the But facts suggest that Mr 11 September 2012) and CNX people. P10 secondary market to infuse Chidambaram’s counterparts in the Nifty of National Stock liquidity in the banking neighbourhood are doing a far more Exchange was down to its 6 A waterlogged Benaras road in Howrah on Wednesday. (right) A flooded system failed to create a September 2012 level. n competent job than him in controlling electric meter room in a Kolkata housing complex. SNS The 30-share BSE bell- positive impact on curren- their currencies. Perhaps the Finance cy and share markets; the wether crashed below 18,000 Minister should travel to Dhaka to find STATESMAN NEWS SERVICE Sankrail have been badly hit. Senior officials of the rupee crashed to an all-time mark to 17,807.19 points (- out how this can be done. Kolkata, 21 August The state government has Kolkata Municipal low of 64.45 before closing 439.85) before closing 1.86 per Corporation (KMC) said the cent down at 17,905.91 points sent six disaster manage- at 64.11 against the US dol- DOLLAR’S PERFORMANCE Heavy rain, coupled with the ment teams, armed with situation is under control lar while the stock market 17% or -340.13 points. release of water from the extra boats, to evacuate peo- and the water receded from ended 340 points down. AGAINST MAJOR CURRENCIES The 50-stock Nifty Galudi barrage in Jhark- ple. most of the thoroughfares The stock market came crashed to 5268.45 points (- hand, has caused a flood-like Bankura has received in the afternoon after the in for another bout of slaugh- 12% 133) before staging a brief situation in East and West 42.65 mm rainfall in the rain had stopped. ter by speculators and wary rally to end the day with 1.83 Midnapore. past 24 hours The road link All the pumps have been foreigners who indulged in 8% per cent loss at 5302.55 points. Rains have also disrupt- between Bankura and Bur- kept ready and leaves of short covering in a bid to get Both indices were on a % ed life in Burdwan and dwan has been badly hit as officials and employees of away with any positive deals % 6 roller-coaster ride with a wild % 5 Bankura where some rivers roads in some areas are the KMC's drainage depart- they could get. In the net, the 4 % and wider intra-day move- Chief Minister Mamata Banerjee are flowing just below the under water. ment have been cancelled. market had another dismal 3 ment. The bank shares in the ties rakhi on a girl’s wrist to danger mark. In the city, In Kolkata, several areas In Malda, the Ganga has day.. (-) morning trade soared on the observe Raksha Bandhan. At there was waterlogging in were waterlogged. Water- inundated several villages The rupee today closed at 3% RBI's move to infuse liq- Writers’ Buildings. n SNS some pockets and portable logging near the Park Cir- at Manikchak. The its new record low of 64.11/$ uidity. pumps were installed to cus connector affected the Mahananda river also has versus Tuesday's 63.44/$, At one point the State Bank of India share gained Rape charge: A 16-year- clear accumulated water. flow of traffic through the shown no sign of a fall in the losing 87 paise or 1.38 per 30.58 3.05 9631.39 1.22 79.69 127.62 97.16 54.73 old girl in Delhi has The state government, Eastern Metropolitan water level. The Ganga has cent. At its weakest intra-day 31.77 3.29 10755 1.28 77.40 131.87 103.45 64.11 five per cent but pared gains accused godman in a Press release issued Bypass. Potholes and craters inundated Kamalpur vil- value of 64.45, the domestic with other top lenders like Thai Malaysia Indonesia Singapore B’desh Sri Lanka Pakistan Indian Asaram Bapu and his today, stated that around on the bypass posed prob- lage of Mathurapur and currency traded at a loss of Baht Ringgit Rupiah Dollar Taka Rupee Rupee Rupee the ICICI Bank as specula- associates of sexual- 2.50 lakh cusecs of water lems for motorists. Vast Gadaichar of North Chan- 1.8 per cent although it dis- tors short covered their ly assaulting her. P4 were released from the Galu- areas in Baishnabghata Pat- dipur gram panchayat. played signs of improve- US $ 1 = 1/1/2013 US $ 1 = 21/8/2013 positions. In Sensex, five di barrage causing floods or uli remained under waist- According to informa- ment early by firming up to shares ended up and 25 Manning sentenced: a flood-like situation in sev- deep water. tion available with the 63.19. liquidity to a starved cur- sold by PSU banks was not down. A US military court sen- eral blocks of West and East Residents of some hous- administration, at least Huge demand for the rency market and check the known but, according to In Nifty,11 advanced and tenced Bradley Man- Midnapore that include ing complexes had to go 30,000 people have been American currency by rupee decline. forex market sources, it 39 declined. Main losers on ning to 35 years of Patashpur 1, Egra 1, Ram- without drinking water and affected in Manikchak, importers, banks and oil The dollar sale, dealers could be a few billions for the BSE included Bharti imprisonment for leak- nagar I and II and Contai I power.The Bodyguard Lines Ratua I and Harishchan- marketing companies took say, started when the Tuesday and Wednesday. Airtel Rs 296.60,- 6.31 per cent, ing documents. P9 in East Midnapore. were under waist-deep water drapur II blocks. toll of the domestic cur- exchange rate was 64.40/$. They reminded that Mr RIL Rs 783.85, -4.72 per cent, In West Midnapore, sev- and portable pumps were In Manikchak alone, 30 rency,dealers say. The rupee finally closed the Kaushik Basu, economist L&T Rs 708.60, 3.36 per cent eral blocks at Sabang, deployed to clear accumu- villages have been flooded The RBI prodded state- day at 64.11. with the World Bank, had and ONGC Rs 250.70, -2.32 Keshari, Narayangarh and lated water. so far. run banks to supply dollar The quantum of dollars two days ago recommended per cent. MUMMY LIES NEGLECTED IN HYDERABAD AS PROTESTS ROCK EGYPT Suicide decriminalised in new mental health Bill PRESS TRUST OF INDIA be liable to punishment Egyptians couldn’t care less New Delhi, 21 August under the said Section,” says Section 124 of the Bill. After gay sex, there are now The measure clarifies ANINDITA CHOWDHURY mummy came to us, it moves to decriminalise sui- that the act of suicide and [email protected] was in a sad condition cide attempts under a Bill the mental health of the Hyderabad, 21 August because visitors often introduced in Parliament. person committing the act scratched the surface and In a major criminal law are inseparably linked and It is the other kind of tried to peel off the wrap- reform, the new Mental have to be seen together 'brotherhood' — to be pre- pings," said Mr GV Health Care Bill, 2013, intro- and not in isolation. cise the Egyptian one — Ramakrishna Rao, duced in the Rajya Sabha, The Bill lays down a prop- that is giving sleepless deputy director (techni- seeks to decriminalise acts er provision for the treat- Bradley Manning arrives at a US nights to the officials cal). of suicide and makes access ment of persons attempting military court to hear his here in the department of One of the sugges- to affordable mental health suicide. It seeks to provide sentence in his trial at Fort archaeology and tions put forward by the care a right for all. The Bill for mental health care for Meade, Maryland on 21 August museums. Egyptian experts was links suicide attempt to the persons with mental ill- 2013.

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