Two involved in firing at shop in Amritsar arrested: Police
Chandigarh (PTI): Punjab Police on Thursday arrested two members of Jaggu Bhagwanpuria gang, after an encounter, allegedly involved in a firing incident linked to an extortion bid in Jandiala Guru in Amritsar, officials said.
Deputy Inspector General of Police (Border Range) Sandeep Goel said the accused have been identified as Ravi, a resident of Pandori Waraich and Ujjwal Hans, a resident of Batala Road in Amritsar.
Three unidentified bike-borne persons had opened fire at the provisional store at Jandiala Guru on November 6 to intimidate the owner for extortion, he said.
Goel said both the arrested persons are linked to the Jaggu Bhagwanpuria gang and were working under the directions of their foreign-based handler, Keshav Shivala.
The DIG said that during the operation, one of the accused opened fire at the police but was overpowered.
One more accused involved in the firing incident has been identified and police teams are on a manhunt to nab him, he said.
Sharing more details, Senior Superintendent of Police (Amritsar Rural) Maninder Singh said that, acting on human and technical inputs, police teams arrested both the accused persons and recovered one pistol from their possession.
The SSP said that further investigations are underway to establish forward and backward linkages in this case.
Earlier this month, the Anti-Gangster Task Force in a joint operation with Hoshiarpur police had arrested two active members of a gang and recovered sophisticated weapons from their possession.
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
