Victims of road mishap in Delhi turn out to be thieves on the run, held
New Delhi (PTI): A routine call about a road accident in Delhi's Kapashera ended up exposing a trio of thieves, leading to their arrest and the recovery of stolen goods, police said on Monday.
The thieves were in the police station speaking to officers about the accident when the victim of the theft was registering his complaint, they said.
According to officials, a PCR call was received around 8.13 pm on Wednesday regarding a collision between a scooter and a car near Kapashera, they said.
"When a police team reached the spot, they noticed that the two men on the scooter seemed unusually nervous and eager to settle the matter quickly," a senior police officer said.
The duo -- identified as Rohit Ravidas (25) and Karamjeet (28), both residents of Sonia Gandhi Camp -- aroused further suspicion when one of them was found carrying a mobile phone that he couldn't unlock.
A few pointed questions from the team turned the supposed accident case into a crime investigation.
"During sustained questioning, the men confessed to having committed a house theft in the early hours of the same day in Gopalji Colony in Kapashera. They admitted to stealing a bag and three mobile phones from one Lal Chand," he added.
At their instance, the complainant's stolen bag was recovered, and police soon tracked down their associate, Pankaj (33), also from Sonia Gandhi Camp. He was found in possession of another stolen mobile phone that had been sold to him by the duo.
Police said Rohit and Karamjeet are habitual offenders who steal from houses and pass on the loot to Pankaj, who sells it and divides the proceeds. One of the stolen phones was said to be already sold, they said.
Investigations revealed that Rohit is involved in four previous cases, while Pankaj has two prior cases, police added.
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Rupee hits record low of 96.14/USD, settles at fresh closing low of 95.86/USD
Mumbai (PTI): The Indian rupee crashed below the 96/USD mark on Friday before closing at an all-time low of 95.86 (provisional) against the US dollar as elevated crude oil prices and inflation concerns added to the downside pressure on the rupee.
Rupee has registered over 6 per cent losses so far this year, and in the past six trading sessions, it has depreciated nearly 2 per cent as Iran war risk escalation pushed crude oil prices higher. The dollar index moved northwards after strong US retail sales and stable labour market data reduced expectations of aggressive Federal Reserve rate cuts.
Forex traders said global uncertainties, relatively high valuations, and the lack of AI-led investment opportunities have weighed on capital flows.
Moreover, weak net FDI inflows are likely to exert pressure on the balance of payments, while rising crude oil prices stoke inflation worries.
At the interbank foreign exchange, the rupee opened at 95.86, then slumped to a record low of 96.14 in intraday trade, registering a fall of 50 paise from its previous close.
The USD/INR pair finally settled at 95.86 (provisional) against the US dollar, registering a fall of 22 paise from its previous close, helped by likely RBI intervention.
On Thursday, the rupee weakened to a fresh record low of 95.96 before closing with a marginal gain of 2 paise at 95.64 against the US dollar.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 99.15, higher by 0.34 per cent.
Brent crude, the global oil benchmark, was trading up 3.14 per cent at USD 109.04 per barrel in futures trade.
On the domestic equity market front, Sensex fell 160.73 points to settle at 75,237.99, while Nifty declined 46.10 points to 23,643.50.
Foreign Institutional Investors turned net buyers, purchasing equities worth Rs 187.46 crore on Thursday, according to exchange data.
Meanwhile, the country's exports in April rose by 13.78 per cent to USD 43.56 billion despite global challenges, Commerce Secretary Rajesh Agrawal said on Friday.
Imports grew 10 per cent year-on-year to USD 71.94 billion in April. The trade deficit during the month stood at USD 28.38 billion.
"We expect the rupee to trade with a negative bias on elevated crude oil prices and inflation concerns. Strong dollar and FII outflows may also weigh on the rupee. However, any intervention by the RBI and hiking of import duty on gold and silver may support the rupee at lower levels. USD-INR spot price is expected to trade in a range of 95.60 to 96.20," said Anuj Choudhary, Research analyst at Mirae Asset ShareKhan.
Chinese President Xi Jinping and his US counterpart Donald Trump on Friday hailed their talks as "historic" and "landmark", as the American leader wrapped up his three-day visit on a high note, but no deals on any contentious issues were announced.
Both Presidents, who held several rounds of talks covering a range of global issues, including the Iran war and bilateral trade frictions, concluded their discussions with a private meeting at Zhongnanhai, the well-guarded compound in Beijing where top leaders reside.
