UP: Farmer shot dead over land dispute in Firozabad, brother injured
Firozabad (PTI): A 45-year-old farmer was shot dead while his brother was injured over an alleged land dispute in the Nasirpur area here, police said on Tuesday.
The incident occurred on Monday night in the Nandram Ki Madiya village, Circle Officer (CO) Sirsaganj Anvesh Kumar said.
According to the police, Satyabhan had an ongoing dispute with a fellow villager, Soorat Ram, over five bighas of land. Around six months ago, the district administration ruled in favour of Satyabhan and ensured, with the assistance of the police, that the last was handed over to him.
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His brother Chandrapal alleged that Soorat was upset over the decision. On Monday night, when Satyabhan was returning from his fields, the accused allegedly intercepted him near his house and opened fire, killing him on the spot.
When the victim’s Radha, his son Shivam and Chandrapal rushed to his rescue, the attackers allegedly assaulted them as well, leaving all three injured
Other family members also reached the spot and rushed Satyabhan to a hospital in Shikohabad, where doctors declared him dead. Chandrapal was also injured in the attack but is stated to be out of danger, police said.
An FIR has been registered based on the complaint of the victim's family, and the body has been sent for post-mortem examination, the CO said.
Efforts are on to trace and arrest the accused, he added.
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Rupee rises 10 paise to 92.41/USD; faces risks from rising global tensions
Mumbai (PTI): The rupee appreciated 10 paise to 92.41 against the US dollar in early trade on Friday, even as the USD/INR pair faces risks from rising global tensions, especially the US-Iran conflict.
Forex traders said the rupee is likely to see high volatility intra-day as the deadline for RBI's instructions to banks to curb their overnight positions to USD 100 million closes today.
At the interbank foreign exchange market, the rupee opened at 92.58 against the US dollar, then gained ground to touch 92.41 against the US dollar in initial trade, registering a gain of 10 paise over its previous close.
On Thursday, the rupee settled with a marginal gain of 3 paise at 92.51 against the US dollar.
"An estimated 80–85 per cent of these positions have already been unwound, which means the bulk of this supportive flow is now behind us. In simple terms, the cushion that held the rupee steady is beginning to thin, and this is where the story starts to shift," CR Forex Advisors MD Amit Pabari said.
Pabari further noted that looking ahead, the picture for the rupee appears to be changing. "With most of the NOP-related support now fading and global uncertainties still elevated, the scope for further strength seems limited. USDINR is likely to find a base in the 92.20–92.50 zone, with a gradual move higher towards 93.50–94.00 levels," he said.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was higher by 0.07 per cent at 98.69 as the safe-haven demand has come down after the ceasefire, but as the ceasefire is fragile, the US dollar is getting bids at lower levels.
Brent crude, the global oil benchmark, was trading higher by 0.51 per cent at USD 96.44 per barrel in futures trade, as the ongoing uncertainty over the Strait of Hormuz opening is keeping the oil trade well bid.
Pabari further noted that just as domestic support begins to fade, the global backdrop is turning uneasy again. "The World Bank has flagged that India's growth for FY27, expected at 6.6 per cent, faces risks from rising global tensions, especially the Iran conflict," he said.
According to Pabari, India continues to have strong buffers in the form of forex reserves and a stable banking system, but pressure points are slowly beginning to build.
On the domestic equity market front, the stock markets witnessed a rebound in early trade. The 30-share Sensex jumped 630.08 points to 77,261.73, while the Nifty climbed 203.6 points to 23,978.70.
Foreign Institutional Investors offloaded equities worth Rs 1,711.19 crore on Thursday, according to exchange data.
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