124 Bangladeshi nationals residing illegally in Bengaluru taken into police custody
Bengaluru (PTI): In a special operation, the CCB on Friday took into custody 124 Bangladeshi nationals who were allegedly residing illegally in Bengaluru, police said.
Among them 48 men, 42 women and 34 children, they said.
In the early hours, four special teams comprising officers and staff of the Central Crime Branch (CCB) conducted a targeted operation in the jurisdiction of Kadugodi and Varthur police stations here, police said.
"During the operation, 124 Bangladeshi nationals who had allegedly constructed temporary sheds and were residing there illegally were taken into custody. Among them were 48 men, 42 women and 34 children," the office of Bengaluru City Police Commissioner Seemant Kumar Singh said in a statement.
They have been subjected to inquiry, and a report has been submitted to the Foreigners Regional Registration Office (FRRO) authorities for further appropriate action to deport the illegally residing Bangladeshi nationals back to their country, it said.
Based on the directions of the police commissioner to collect information on foreigners illegally residing in Bengaluru and to take legal action against them, a special operation has been conducted over the past few days by various police units across the city to trace such individuals.
As a result of this drive, a total of 200 foreign nationals who were allegedly residing illegally in Bengaluru have been taken into custody so far, police said.
The operation was carried out with the cooperation of the Department of Health and Family Welfare, the Greater Bengaluru Authority, and the Department of Social Welfare.
The drive to identify Bangladeshi nationals residing illegally in Bengaluru will continue, they added.
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Gold, silver soar as US-Iran deal hopes lift bullion demand
New Delhi (PTI): Gold prices rebounded by Rs 2,900 to Rs 1.55 lakh per 10 grams in the national capital on Wednesday, while silver climbed to Rs 2.54 lakh per kilogram as easing geopolitical tensions triggered a pullback in oil rates, boosting demand for precious metals.
According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity jumped by Rs 2,900, or nearly 2 per cent, to Rs 1,55,400 per 10 grams (inclusive of all taxes) from Tuesday's closing level of Rs 1,52,500 per 10 grams.
Traders attributed the surge in bullion prices to reports that Washington and Tehran are close to finalising a framework agreement to end months of conflict, raising the prospects of smoother flows through the Strait of Hormuz and easing inflation concerns tied to energy markets.
"Gold rallied strongly on Wednesday as easing geopolitical tensions triggered a sharp reversal in key macro drivers that had recently pressured precious metals," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.
Silver prices also advanced for the third straight session by rising Rs 3,500, or 1.4 per cent, to Rs 2,54,500 per kg (inclusive of all taxes). The metal had settled at Rs 2,51,000 per kg in the previous session, as per the Association.
"The prospect of a diplomatic breakthrough triggered a steep decline in oil prices and the US dollar, easing concerns about inflation while boosting demand for precious metals," Gandhi said.
Globally, spot gold increased by USD 106.15, or 2.33 per cent, to USD 4,663.70 per ounce while silver gained USD 3.40, or 4.68 per cent, to USD 76.24 per ounce.
"Gold witnessed a sharp rally as markets reacted positively to reports that the US and Iran are moving closer to a one-page agreement framework aimed at ending the conflict," Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said.
Despite strong international gains, rupee strength limited the upside in domestic gold prices. The market is now highly focused on final confirmation and execution of the proposed deal, he added.
Any negative surprise or breakdown in negotiations could trigger a sharp sell-off in gold, while a successful agreement and sustained ceasefire could push the bullion prices higher in the near-term, Trivedi said.
