Nitish loses cool inside Bihar assembly over opposition's 'guns and bullets' jibe
Patna (PTI): Bihar Chief Minister Nitish Kumar lost his composure inside the state assembly on Tuesday when opposition members created a ruckus alleging that his government was ruling the state with the help of "guns and bullets".
The 76-year-old leader, who stood up to admonish the unruly members, also had a slip of tongue, as he underscored the brute majority enjoyed by the NDA, saying "our strength is two thousand and two".
The BJP-led coalition, which includes Kumar's JD(U) and a few smaller parties, had swept the Bihar assembly polls last year, bagging 202 seats of the 243-strong House.
Trouble began soon after the House assembled at 11 am, with RJD MLA Kumar Sarvajeet registering a protest against the police's baton charge on village 'chowkidars' (watchmen) here a day ago when they were staging a demonstration to press the demand for a hike in stipends.
"The 'chowkidars' who were demanding a hike in their pay are very much employees of the Home department. Yet, they were treated in a deplorable fashion yesterday," alleged Sarvajeet.
Several other MLAs of the opposition party also raised a slogan: "bandook goli ki sarkar nahin chalegi (will not allow a rule by brute force, with the help of guns and bullets)".
This provoked Kumar, the longest serving CM of the state, who heads the JD(U) and has had a couple of short-lived alliances with the RJD in the past.
He shouted: "Do not talk rubbish. This government will run without any hiccups. Just look at us. We are two thousand and two. And just look at how many of you have been left now."
Kumar was apparently referring to the RJD's drubbing in the last assembly polls when it returned with a tally of 25, one of its worst ever performances.
When RJD leader Bhai Virendra reminded the JD(U) supremo of their two short-lived alliances in the last one decade, Kumar shot back: "Yes, and you people always indulged in mischief, a reason why I pulled out never to return".
The CM also reminded the opposition party, which was unseated from power by the NDA helmed by him in 2005, that "You did nothing worthwhile during the period you were in power... Law and order had been so abysmal that people feared getting out of their homes after 5 pm. So you better not talk nonsense."
Amid the heated exchange, some of the opposition MLAs trooped into the well, briefly plunging the House into turmoil.
The agitated members got pacified after Parliamentary Affairs Minister Vijay Kumar Chaudhary rose to interject and said, "We will call representatives of various associations of chowkidars for talks. Their demands will be looked into, and appropriate action will be taken."
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Rupee falls 28 paise to 94.77 against US dollar in early trade
Mumbai (PTI): The rupee depreciated 28 paise to 94.77 against the US dollar in early trade on Thursday as market sentiment took a dramatic turn after reports emerged that the US and Iran are discussing a 14-point Memorandum of Understanding (MOU) aimed at reducing tensions and reopening negotiations.
Forex traders said Brent oil prices, which had fallen to USD 98 on the US-Iran peace deal, edged slightly higher to USD 101 per barrel after investors weighed the prospects for a Middle East peace deal.
Moreover, factors such as unabated foreign capital outflows amid rising geopolitical uncertainties further dented investor sentiment.
At the interbank foreign exchange market, the rupee opened at 94.77 against the US dollar, registering a fall of 28 paise over its previous close.
On Wednesday, the rupee appreciated 69 paise to close at 94.49 against the US dollar.
"Markets are currently focused on the critical 48-hour window during which the US expects Tehran’s formal response through Pakistani mediators," said CR Forex Advisors MD Amit Pabari.
US President Donald Trump on Wednesday threatened Iran with more bombing if it doesn't reopen the Strait of Hormuz, amid a report that the warring sides were nearing an agreement to end the war.
US media outlet Axios reported, quoting US officials and two other sources, that the US and Iran were getting close to a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations.
The US expects Iranian responses on several key points over the next 48 hours, Axios reported, adding that nothing has been agreed yet. This was the closest the parties had been to an agreement since the war began.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 98.01, down 0.01 per cent.
Brent crude, the global oil benchmark, was trading higher by 0.65 per cent at USD 101.83 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex declined 160.24 points to 77,798.28 in early trade, while the Nifty was down 30.25 points to 24,300.70.
Foreign Institutional Investors offloaded equities worth Rs 5,834.90 crore on Wednesday, according to exchange data.
On the domestic macroeconomic front, the country's goods and services exports rose 4.6 per cent to an all-time high of USD 863.11 billion during 2025-26, up from USD 825.26 billion in 2024-25, despite global economic uncertainties, according to revised commerce ministry data.
Merchandise exports grew 0.93 per cent to USD 441.78 billion in the last fiscal year from USD 437.70 billion in 2024-25, the data showed.
