Mid-day Top News at this hour: Rupee slips against USD in early trade, and more

Welcome to MidDays Top News at this hour We bring you a curated selection of the most significant and compelling news from around the globe Stay informed with the latest developments in nation Mumbai entertainment sports and more Lets dive into the headlines shaping our world todayThe rupee slips to an alltime low of 8372 against the US dollar in early tradeThe rupee opened on a sombre note and plummeted to an alltime low of 8372 against the US dollar on Thursday pulled down by the American currencys strength in the outside market and large foreign fund outflows Forex dealers said the decline in the domestic unit followed a big slump in the Indian equity markets which was triggered by the governments decision to raise the capital gains tax rateSPECIAL Mumbaikars weigh in on rlys new MumbaiPune rail alignmentCan Mumbai and Pune be connected via a shorter rail route In response to an exclusive story on how the Ministry of Railways has sanctioned a new rail alignment between the two metro cities midday has received an overwhelming number of ideas Professor Farzan Mazda a reader suggested building an Atal Setulike rail bridge across the Thane creek along the harbour line For the first time in 160 years a plan for a completely new rail alignment between Mumbai and Pune to bypass the existing steep ghats and 28 tunnels received a goahead over the weekend Calling it the simpler inclines of 1100 lsquoSreedharan gradersquo Railway Minister Ashwini Vaishnaw has asked Central Railway CR to work on it expeditiously Read moreMumbai 250 more local services in the next five yearsAnnouncing a plan to reduce the headway of trains by 30 seconds Railway Minister Ashwini Vaishnaw on Wednesday for the first time set a deadline for improving suburban services in Mumbai He unveiled a blueprint that stated the Railways would accommodate 250 more services in the next five years through various ongoing projects such as advanced cab signalling additional rail corridors and more termini while reducing the headway from 180 seconds to 150 seconds Read moreKIFF back for a new editionWest Bengal Chief Minister Mamata Banerjee announced yesterday that the 30th edition of the Kolkata International Film Festival KIFF will be held from December 4 to 11 Appointing acclaimed filmmaker Goutam Ghose as KIFF chairman and Bengali film icon Prosenjit Chatterjee as vice chairman Banerjee asserted that like in previous years the best work in the world and Indian cinema would be showcased during the festival Read MoreItrsquos day won for Bosco boysDon Bosco High School Matunga launched their title defence on a winning note The Matunga boys registered a hardfought 21 win over Bombay Scottish Mahim in a U16 GroupB match on the opening day of the MSSA interschool football tournament at the St Francis DrsquoAssisi High School ground Borivli on Wednesday Read more