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At least 36 people were killed in Allahabad and dozens more injured in a stampede at the Mahakumbh mela, as three crore pilgrims converged for a holy dip at Sangam on the auspicious occasion of 'Mauni Amavasya', according to reports.
Reports said that the stampede broke out in Sector 12 of the mela area killing a woman hailing from Varanasi and a middle-aged man, who had come for a holy dip from West Bengal.
Sector Magistrate Abhay Raj reportedly said that a few other persons received minor injuries in the stampede during rush among devotees who were returning from the river banks.
"The situation is under control and the injured are undergoing treatment," Abhay Raj was quoted as saying.
India Infoline Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.