Mumbai (PTI): Mumbai Police have issued a Look Out Circular (LOC) against a 24-year-old man, who was allegedly driving a BMW car which fatally knocked down a woman in Worli area, an official said on Monday.

The accused is the son of a Shiv Sena leader from neighbouring Palghar district.

Kaveri Nakhwa (45), resident of Worli Koliwada, was going with her husband Pradeep on the arterial Dr Annie Besant Road when the luxury car, allegedly driven by Mihir Shah, crashed it into the couple's two-wheeler at around 5.30 am on Sunday, according to the police.

The car dragged the woman for more than 2 km, a police official said.

She was rushed to a hospital where doctors declared her dead on arrival.

After the accident, the accused fled towards the Bandra-Worli Sea Link. He left the car and his driver Rajrishi Bidawat, who was sitting next to him, near Kala Nagar in Bandra area and ran away, the official said.

Mihir's father Rajesh Shah and Bidawat were later arrested by the Worli police on Sunday for allegedly helping Mihir escape after the accident, the official said.

Rajesh Shah is a Shiv Sena leader from Palghar.

The official said the car is owned by Rajesh Shah.

"As there was a possibility of Mihir Shah fleeing the country, the Mumbai Police on Sunday evening issued an LOC against him," the official said.

The police have launched a search for the accused and formed six teams to trace him, he said.

Police suspect Mihir was under the influence of alcohol at the time of the accident as he was spotted at a bar in Juhu area here a few hours before the incident, the official said.

The police have also found a bill of Rs 18,000 of the bar and are verifying it, the official said without elaborating.

The CCTV footage of the bar is also being examined, he said.

The two arrested persons will be produced before a local court later in the day, he added.

The accused persons have been booked under various sections, including 105 (culpable homicide not amounting to murder) of the Bharatiya Nyaya Sanhita (BNS), according to the police.

Speaking about the incident, Maharashtra Chief Minister and Shiv Sena head Eknath Shinde on Sunday said law was equal for everyone and no one would be spared.

Asked if the man involved in the accident was a Shiv Sena leader's son, the CM said, "The law is equal for all and the government sees every case in the same way. There will be no separate rule for this accident. Everything will be done as per the law."

"The police will not shield anyone. The Mumbai accident is unfortunate. I have spoken to the police department to take strict action," he added.

Shiv Sena (UBT) MLA Aaditya Thackeray, who represents the Worli assembly constituency, in a post on X on Sunday said, "I will not go into the political leanings of Mr Shah, the accused of the hit and run, but I hope the police will act swiftly to catch the accused and bring him to justice. Hopefully there will be no political refuge by the regime."

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Mumbai, Apr 30 (PTI): The rupee depreciated 32 paise to an all-time low of 95.20 against the US dollar in early trade on Thursday, weighed down by elevated Brent crude oil prices, hovering around USD 122 per barrel, and strong American currency.

Forex traders said the USD/INR pair may see further downside, as rising crude oil prices are likely to sharply impact India's import costs, while concerns over potential wider conflict in West Asia are fuelling investor anxiety.

Meanwhile, the US dollar added to gains after the US FED Reserve kept rates unchanged. Safe-haven demand was also boosted by another diplomatic setback between Washington and Tehran.

At the interbank foreign exchange market, the rupee opened at 95.01 against the US dollar, then lost some ground and touched an all-time low of 95.20 against the US dollar in initial trade, registering a fall of 32 paise over its previous close.

On Wednesday, the rupee depreciated 20 paise to close at an all-time low of 94.88 against the US dollar.

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"The main effect on the rupee has been from the rising oil prices, which touched USD 120 per barrel and looked headed for further upside as the US continues with its blockade of Iranian ports, while Iran does not allow any ship/tanker to pass through the Strait of Hormuz," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.01 per cent higher at 98.96.

Brent crude, the global oil benchmark, was trading higher by 3.16 per cent at USD 121.76 per barrel in futures trade.

On the domestic equity market front, Sensex tumbled 821.79 points to 76,674.57 in early trade, while the Nifty dived 287.3 points to 23,890.35.

Foreign Institutional Investors offloaded equities worth Rs 2,468.42 crore on Wednesday, according to exchange data.

"FPIs continue with their sale of Indian Equities and debt (the yield touched 7 per cent on Wednesday) and are also dollar buyers consistently," Bhansali added.