Now trek 11km uphill and get a 'laddu prasadam' at the famous hill shrine of
Lord Venkateshswara. Tirumala Tirupati Devasthanams, which manages the famous hill shrine at
Tirumala near here, will offer one laddu prasadam free to devotees who prefer
to trek on foot the 11-km long stairway leading to the temple from the foot of
the hills from October five. This was with a view to encouraging the age-old practice of traditional way of
reaching a sacred place.
The
annual Navaratri Brahmotsavam would commence on October five. An average of
about 70 lakh devotees are now reaching the hill shrine on foot spending three
to five hours through the stairway from Alipiri annually. While trekking the
hills at one point of the stairway, each devotee would be given a coupon and
after reaching the hills, the devotee could avail the free laddu by submitting
it at a particular counter situated close to the shrine. In 2008, the TTD had
introduced a new privilege for pedestrian pilgrims to go through a special gate
in the massive queue complex to have darshan of the Lord.
Correlating the ups and down in the Indian rupee with the stock market, Vijay Bhambwani, CEO, bsplindia.com, suggests that if the rupee continues with its downward fall, the Indian stock market may fall breach October lows and fall further. “If the rupee falls below the 53.0-53.50 mark vis-a-vis the USD, expect a mini meltdown atleast in the equity markets. In that case, the 2250 level (on Nifty) will be breached easily to form a new low. The possibility of that low being below the 2000 levels on the Nifty spot is fairly high,” he says. Bhambwani supports his outlook by comparing the value of rupee at the time of October lows. “The October 2008 lows were made with the INR at 51.20 - 51.40 band. The rupee has breached the 52 level since then. Clearly the nation’s ‘share price’ (currency) indicates weakness. The curency market is a far more accurate barometer of the nation’s health compared to the equity indices. Whether you like it or not, we are under siege. Had it not been March (NAV ...

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