Rupee tanks 86 paise to settle at fresh all-time low of 94.82 against US dollar
Mumbai (PTI): The rupee tanked 86 paise to close at yet another all-time low of 94.82 (provisional) against the US dollar on Friday, weighed down by elevated oil prices and a stronger greenback amid uncertainties over the West Asia conflict.
A sharp decline in the domestic equity markets and sustained FII outflows put further pressure on the local unit, according to forex traders.
At the interbank foreign exchange, the rupee opened at 94.18 and breached the 94.50-mark for the first time before closing at 94.82 (provisional) against the US dollar, down 86 paise from its previous close.
The rupee slumped 20 paise to close at a record low of 93.96 against the US dollar on Wednesday. Stock, forex, commodity, and bullion markets remained closed on Thursday on account of Ram Navami.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.11 per cent higher at 100.
Brent crude, the global oil benchmark, was trading at USD 109.8 per barrel, up 0.53 per cent, in futures trade.
On the domestic equity market front, the Sensex crashed 1,690.23 points, or 2.25 per cent, to 73,583.22 points, while the Nifty fell 486.85 points, or 2.09 per cent, to 22,819.60.
Foreign institutional investors sold equities worth Rs 1,805.37 crore on a net basis on Wednesday, according to exchange data.
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Food delivery agent intervenes to stop street fight in Delhi's Dwarka, stabbed to death
New Delhi (PTI): A 32-year-old food delivery executive was stabbed to death when he allegedly intervened in a violent altercation between two groups in southwest Delhi's Dwarka, police said on Monday.
The deceased has been identified as Govind Jha, a resident of Mohan Garden.
Three others sustained stab injuries in the incident and are currently undergoing treatment at a hospital, they said.
Authorities also cautioned against attempts to give the incident a communal colour.
According to the police, Jha was on his way to work on Sunday night when he noticed a street fight taking place at Rajapuri in Madhu Vihar area of Dwarka. The altercation involved two men pitted against three others, who were later identified as Parvesh, Anish and Rohit.
"Jha stopped at the spot and attempted to intervene. During the scuffle, the two men allegedly pulled out knives and began stabbing Parvesh, Anish and Rohit. When Jha tried to intervene, he was also attacked," a police officer said.
All four injured persons were rushed to a nearby hospital, where Jha succumbed to his injuries during treatment. The other three men are under medical observation.
Police said the accused fled the spot after the incident, and multiple teams have been formed to identify and apprehend them.
Meanwhile, Deputy Commissioner of Police (Dwarka) Kushal Pal Singh, in a statement, said that some messages circulating on social media are attempting to give a communal angle to the incident.
"In the incident, four people suffered stab injuries and were admitted to the hospital. One person died at the hospital, and the remaining three are undergoing treatment. The victims belong to two different communities. The accused stabbed all four victims. Dwarka Police is conducting a search for the accused," the DCP said.
"There is no communal angle to the incident. Strict action will be taken against those spreading false information," he said.
