Kamal Nath resigns as CLP leader in MP, Govind Singh replaces him
New Delhi, Apr 28: Senior Congress leader Kamal Nath resigned as the Congress Legislature Party (CLP) leader in Madhya Pradesh on Thursday, with Govind Singh succeeding him in the post.
Nath's resignation was accepted by party president Sonia Gandhi keeping in view the party's 'one person-one post' policy.
The senior Congress leader will, however, continue to be the president of the Pradesh Congress Committee in Madhya Pradesh. Nath has been a former chief minister of Madhya Pradesh and a former union minister.
"The Congress president has accepted your resignation from the post of Leader, Congress Legislature Party (CLP), Madhya Pradesh with immediate effect. The party wholeheartedly appreciates your contribution as the CLP leader, Madhya Pradesh," a communication from AICC general secretary K C Venugopal said.
"The Congress president has also approved the proposal to appoint Dr Govind Singh as the leader of Congress Legislature Party, Madhya Pradesh," the statement further said.
Singh is the MLA from Lahar in Bhind district of the state.
Assembly elections in Madhya Pradesh are slated for 2023.
The Congress has initiated changes in many state units.
It revamped its Haryana unit on Wednesday by appointing Udai Bhan, a loyalist of former chief minister Bhupinder Singh Hooda, as state unit president, besides four working presidents.
Prior to that, the party restructured its Himachal Pradesh unit by appointing its Mandi Lok Sabha MP Pratibha Virbhadra Singh, wife of former chief minister Virbhadra Singh, as the new president, along with four working presidents.
मध्यप्रदेश विधानसभा में नवनियुक्त नेता प्रतिपक्ष श्री गोविंद सिंह ने आज भोपाल स्थित निवास पर आकर सौजन्य मुलाक़ात की।
— Kamal Nath (@OfficeOfKNath) April 28, 2022
उन्हें बधाई देकर उम्मीद जतायी कि वो सफलतापूर्वक इस नई जवाबदारी का निर्वहन कर , पार्टी को और मज़बूती प्रदान करेंगे। pic.twitter.com/zFYuhy3ODX
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
