Rupee rises 11 paise to 90.23 against US dollar in early trade
Mumbai (PTI): The rupee rose 11 paise to 90.23 against the US dollar in early trade on Friday on positive investor sentiments as traders keenly awaited the RBI's MPC announcement.
However, FII outflows, rise in crude oil prices, and a marginally stronger greenback capped sharper gains in the local unit, according to forex traders.
At the interbank foreign exchange, the rupee opened at 90.28 against the greenback before rising to 90.23, up 11 paise from its previous close.
On Thursday, the rupee appreciated 13 paise to close at 90.34 against the US dollar.
"The Reserve Bank of India will announce its monetary policy today... and the tone of the language will be of interest to traders for future guidance," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 97.85.
"The dollar index further rose but was unable to cross 98 levels this (Friday) morning as the labour data was not strong enough," Bhansali said.
Brent crude, the global oil benchmark, was trading 0.33 per cent higher at USD 67.77 per barrel in futures trade.
On the domestic equity market front, Sensex fell 225.15 points to 83,088.78 in early trade, while Nifty was down 89.25 points to 25,553.55.
Foreign Institutional Investors turned net sellers after two days and offloaded equities worth Rs 2,150.51 crore on Thursday, according to exchange data.
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Eight outsourced staff of govt-run Victoria Hospital booked for misappropriation of money
Bengaluru (PTI): Police have registered an FIR against eight outsourced staff members working at the Infosys Lab billing counter at the Government run Victoria Hospital, alleging misappropriation of government funds amounting to Rs 23.78 lakh collected from patients for blood tests.
These accused are the Data Entry Operators (DEO), who had allegedly put up their own UPI QR code and diverted money to their account.
The case was registered at the Visvesvarapuram police station on February 3 following a complaint by Dr Deepak S, Superintendent of Victoria Hospital, Bengaluru.
The alleged offence took place at the Infosys Lab counter located within the hospital premises between January 1, 2025 and May 31, 2025, police said.
"In the Infosys Lab billing counters at Victoria Hospital, the accused, who were appointed on an outsourcing basis, collected money from patients for various blood tests but failed to deposit the amount into the government account and instead misused Rs 23,78,693 for their personal gain," Dr Deepak S stated in his complaint.
The accused have been identified as Preethi, Punitha, Salma, Satya, Shashikala, Lakshmikanthamma, Darshan and Mahendra.
Confirming the registration of the case, a senior police officer said, based on the complaint received from the hospital superintendent, an FIR has been registered for cheating and criminal breach of trust. The matter is under investigation, and further action will be taken after verifying financial records and statements.
