Domestic help held for stealing cash, jewellery from US couple's house in B'luru
Bengaluru (PTI): A 29 year-old man was arrested for allegedly stealing cash along gold and diamond jewellery worth Rs 1 crore from the house of a US couple here, police said on Wednesday.
He was employed as a domestic worker at their house.
Police managed to nab the accused identified as Chandan Roul, a native of West Bengal, they said. The entire stolen property was also recovered intact, police said.
The matter came to light on January 21 when the residents of the villa at Kodihalli, a husband-wife duo who originally hail from Texas, US and are working in Bengaluru filed a complaint at J B Nagar police station, they added.
According to police, the complainant alleged that when they returned home in the evening after work, they found that the gold and diamond jewellery kept in the locker of the bedroom cupboard had been stolen.
In the complaint, they also expressed suspicion about the domestic help who had been working in their house for the past six months.
"During the probe, our team examined the case from various angles and, within a few hours of the incident, we detained the domestic help near the villa where the complainant resides. During interrogation, the accused confessed to having committed the theft," a senior police officer said.
The accused further stated that he had kept the stolen gold and diamond jewellery at his residence in Sudhamanagar, he said.
Based on the information provided by him, on the same day, the police team seized 176 grams of gold and diamond jewellery and Rs 39,000 in cash from his residence. The total value of the seized property is Rs one crore, he added.
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Rupee hits all-time low for second time in a week
Mumbai (PTI): The rupee depreciated 31 paise to settle at 91.99 against the US dollar on Wednesday, touching the lowest closing level for the second time in less than a week, amid increased month-end demand for the greenback.
Forex traders said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe offered quiet reassurance. However, increased month-end demand for the American currency as well as the ongoing geopolitical tensions dented investors' sentiments.
At the interbank foreign exchange, the rupee opened at 91.60 and touched an early high of 91.50, but pared all the gains to touch an intra-day low of 91.99 against the greenback.
The domestic unit settled 31 paise down, revisiting its lowest-ever closing level of 91.99 against the greenback. The Indian currency previously ended at this level on January 23 when it also hit its all-time intraday low of 92 against the US dollar.
On Tuesday, the rupee rebounded from its all-time low levels and gained 22 paise to close at 91.68 against the US dollar.
Analysts said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe bolstered investor sentiment.
India and the European Union on Tuesday announced the conclusion of negotiations for the free trade agreement (FTA), under which a number of domestic sectors such as apparel, chemicals and footwear will get duty-free entry into the 27-nation bloc, while the EU will get access to the Indian market at concessional duty for cars and wines, an official said.
The deal has been dubbed the "mother of all deals" as it will create a market of about 2 billion people.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.07 per cent lower at 96.14.
Brent crude, the global oil benchmark, was trading 0.43 per cent lower at USD 67.28 per barrel in futures trade.
On the domestic equity market front, Sensex jumped 487.20 points to settle at 82,344.68, while Nifty surged 167.35 points to 25,342.75.
Foreign Institutional Investors turned net buyers and purchased equities worth Rs 480.26 crore on Wednesday, according to exchange data.
