WHERE IS SEPARATE CORRIDOR FOR SUBURBAN TRAINS

The Railways told the Bombay High Court today that the gap between footboards of local trains and platforms is not the sole cause behind commuters losing their life or limbs in mishaps but there are several other factors involved. This was stated in an affidavit submitted by the railway authorities as directed by the High Court on January 18 while taking a suo motu (on its own) cognisance of the issue. A division bench of Chief Justice Mohit Shah and Justice M S Sanklecha had taken up the issue after a 16-year-old college girl, Monica More, lost both her arms after falling into a gap between the platform at suburban Ghatkopar railway station while trying to board a local train last month. The tragic incident brought to the fore the risk lakhs of commuters take daily to board crowded suburban local trains, called transport "life-lines" of Mumbai. The court had directed the Railway Ministry, the Railway Board and the Western and Central Railway to file their affidavits. The railways, in its reply affidavit, has said accidents do not occur only because of the gap between the footboard and platform. "There are several other factors involved like crossing of tracks, trespassing and over-crowding," the affidavit said. It added that in Mumbai there is no separate rail corridor for local suburban trains and long-distance trains. According to the affidavit, since the width of the long-distance trains is greater than local trains, the platforms have to be constructed keeping this in mind. The petition will be heard tomorrow.

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WILL NIFTY FALL BELOW 2000?

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 ...

SINGER MANNA DEY IS NO MORE

Legendary playback singer Manna Dey, who mesmerised generations of listeners with his inimitable voice for over five decades with hits like 'ay mere pyara watan', 'laaga chunri me daag' and 'poocho na kaise', died at a hospital here today at the age of 94 after prolonged illness. Dey, who was in and out of Narayana Hrudayalaya Hospital in the last five months for respiratory and renal problems, died of cardiac arrest with his daughter Shumita Deb and son-in-law Jnanranjan Deb by his bedside when the end came at 3.50 AM. The condition of Dey, who had made Bangalore his home for the last many years, deteriorated since yesterday afternoon, hospital spokesman Vasuki said. With the demise of Dey, the void has become complete in the famous quartet of singers Rafi, Mukesh, and Kishore Kumar, who dominated the Hindi music industry from 1950s to 1970s. The mortal remains of Dey, whose unique voice lent a rare dimension to his persona, were cremate...

WORLD'S OLDEST WOMAN

Misao Okawa celebrates her 115th birthday in Osaka, western Japan on March 5, 2013. Okawa was formally recognized as the world's oldest woman.

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