One more arrested in Suhas Shetty murder case
Mangaluru (Karnataka), Jun 3 (PTI): The Mangaluru City Crime Branch (CCB) on Tuesday arrested another person for allegedly conspiring and sheltering the prime accused in rowdy sheeter Suhas Shetty murder case.
Shetty, also a known rowdy sheeter was killed by a group of assailants here last month.
The arrested has been identified as Abdul Razak (59), a resident of Mangaluru. With this, the total number of arrests made in this case stands at 16, police said.
According to police, Razak is the father of Mohammed Muzammil, one of the key accused, and the father-in-law of Nausad Vamanjoor, alias Chotte Nausad, another suspect in the case. He is alleged to have conspired with them and others at his residence to plan the murder and later helped the accused evade arrest.
The investigation into the case is on and efforts are underway to trace other suspects.
Shetty's murder case is being probed by the police as a premeditated act involving multiple conspirators, police added.
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Rupee declines 27 paise to 90.95 against US dollar in early trade
Mumbai (PTI): The rupee depreciated 27 paise to 90.95 against the US dollar in early trade on Friday, weighed down by a strong American currency and higher crude oil prices due to the escalated geopolitical tension.
A selling rush in domestic equities further pressured the Indian currency, forex traders said.
At the interbank foreign exchange, the rupee opened at 90.94 and slipped further to trade at 90.95 against the greenback in early deals, losing 27 paise from its previous closing level.
The rupee rose 4 paise to settle at 90.68 against the US dollar on Wednesday. The currency exchange markets were closed on Thursday on account of Chatrapati Shivaji Maharaj Jayanti.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 97.89.
Brent crude, the global oil benchmark, was trading 0.14 per cent higher at USD 71.77 per barrel in futures trade.
Analysts attributed the strengthening dollar and crude prices to heightened tension between the US and Iran, with both countries signalling they are prepared for war if talks on Tehran's nuclear programme fizzle out.
On the domestic equity market front, Sensex fell 150.35 points to 82,347.79 in early trade while the Nifty declined 35.15 points to 25,419.20.
On Thursday, foreign institutional investors offloaded equities worth Rs 880.49 crore, according to exchange data.
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