BJP MLA Anil Gote announces resignation from Assembly, party
Mumbai, Nov 13: Bharatiya Janata Party MLA Anil Gote has announced his resignation as member of the Maharashtra Legislative Assembly as well as from the BJP, alleging that "criminals" were being inducted into the party.
Gote, who represents the Dhule Assembly seat in Maharashtra, said on Monday that he will tender his resignation next week.
Last month, another BJP legislator had resigned as member of the state Assembly and from the party.
Gote has been opposing induction of some leaders from the Nationalist Congress Party (NCP) into the BJP.
"I am going to tender my resignation to the Assembly Speaker on November 19, first day of the state legislature's winter session, and also quit the party," he said.
"Despite my opposition, senior party leaders have been inducting people with criminal background into the BJP ahead of Dhule Municipal Corporation election," Gote said.
If these people get elected, they will "ruin" Dhule city with their corrupt practices, he claimed.
He also said that he will contest the mayoral election in the Dhule civic body next month.
Gote had won the 2009 Assembly election as an Independent and joined the BJP ahead of the 2014 state polls.
He was arrested earlier in connection with the counterfeit stamp paper scam involving kingpin Abdul Karim Telgi, and is now out on bail.
Last month, BJP MLA Ashish Deshmukh, a staunch proponent of separate Vidarbha state, had resigned as member of the Assembly and from the party's primary membership.
He was an MLA from Katol constituency in Nagpur district.
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Rupee falls 20 paise to 95.43 against US dollar in early trade
Mumbai (PTI): The rupee depreciated 20 paise to 95.43 against US dollar in early trade on Tuesday as market sentiments remained fragile after renewed military exchanges between US and Iranian forces in the Gulf region.
Forex traders said investor anxiety due to instability in the Gulf is causing massive capital flight into safe-haven assets, with the US dollar acting as the primary beneficiary.
Moreover, Brent oil prices is hovering near USD 113 per barrel, maintaining pressure on oil-importing economies like India.
At the interbank foreign exchange market the rupee opened at 95.30 then lost ground to touch 95.43 against the US dollar, in initial trade, registering a fall of 20 paise over its previous close.
Rupee fell 39 paise to close at an all-time low of 95.23 against the US dollar on Monday.
"With oil boiling rupee on Monday fell to a closing low of 95.0875 and this morning the opening was still lower as it becomes more and more vulnerable when dollar index rises due to safe-haven buying and oil prices rise due to the continuous fighting in the Gulf Region," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
The higher oil prices will keep rupee sold off against the dollar as oil companies and FPIs intensify dollar buying, Bhansali added.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 98.51, up 0.15 per cent.
Brent crude, the global oil benchmark, was trading lower by 1.07 per cent at USD 113.22 per barrel in futures trade.
"Market sentiments remained fragile after renewed military exchanges between US and Iranian forces when Iranian forces launched fresh attacks in the Gulf as both sides sought to assert control over the strategic waterway," Bhansali said.
On the domestic equity market front, Sensex declined 361.62 points to 76,907.78 in early trade, while the Nifty dropped 134.90 points to 23,980.60.
Foreign Institutional Investors purchased equities worth Rs 2,835.62 crore on Monday, according to exchange data.
