Serial burglar held for theft at actor Abhimanyu Singh's Mumbai home
Rs 1.37-crore valuables recovered
Mumbai (PTI): Police have arrested a 40-year-old man with a criminal record for committing theft at actor Abhimanyu Singh's residence in Mumbai and recovered stolen valuables worth Rs 1.37 crore, officials said on Wednesday.
The accused was identified by police as Manoj Mohan Rathod, a resident of the adjoining Palghar district.
During investigations, it came to light that Rathod was also involved in at least 14 other cases of theft registered at various police stations in Mumbai and its nearby areas, an official said.
According to the official, the theft at the actor's bungalow at Lokhandwala in Andheri (West) occurred on the intervening night of December 29-30, when an unidentified person entered the residence through the bathroom window and made off with gold, diamond, silver ornaments and other valuables besides cash along with the safe in which it was kept.
Based on a complaint filed by the 82-year-old mother of the actor, a case was registered against the unidentified thief.
With technical assistance, a Mumbai police team tracked down the thief in a Palghar locality and nabbed him on Tuesday after two days of surveillance in the area.
During interrogation, the accused told police he had kept a portion of the stolen ornaments with a jeweller, while the remaining items were at his residence, said the official.
Accordingly, police recovered stolen items worth Rs 1.37 crore, he added.
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Rupee falls 7 paise to 89.97 against US dollar in early trade
Mumbai (PTI): The rupee fell 7 paise to 89.97 against the US dollar in early trade on Friday amid sustained FII outflows and a rise in global crude oil prices.
The apprehension of further tariffs by the US and weak sentiments at the domestic equity markets fuelled selling of equities by foreign investors, putting more pressure on the local unit, forex traders said.
At the interbank foreign exchange, the rupee opened at 88.88 against the US dollar before slipping to 89.97, down 7 paise from its previous close.
The rupee settled 3 paise lower at 89.90 against the US dollar on Thursday, amid sustained outflow of foreign funds and a stronger greenback.
"There was huge volatility in the rupee market on Thursday as the RBI sold dollars at 89.99 and brought rupee up to 89.73 and then FPIs bought dollars. The RBI has been capping the dollar upside presently, creating huge oversold positions for itself which could keep the dollar well bid at lower levels as the RBI would try to square up positions," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
Meanwhile, the dollar index, which measures the strength of the greenback against a basket of six currencies, was trading flat at 98.93.
Brent crude, the global oil benchmark, was trading 0.53 per cent higher at USD 62.32 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex declined 78.84 points to 84,102.12, while the Nifty dipped 21.50 points to 25,850.85.
Foreign institutional investors offloaded equities worth Rs 3,367.12 crore on Thursday, according to exchange data.
