Kerala: Hadiya’s father joins BJP, says he supports Sabarimala protests
Thiruvananthapuram, Dec 18: A man from Kerala who had moved court against his daughter’s inter-faith marriage has now joined the Bharatiya Janata Party, the Hindustan Times reported. KM Ashokan, the father of Hadiya, said on Monday he supports the party’s protest against a Supreme Court verdict that had allowed women of menstruating age to enter the Sabarimala temple.
Hadiya, formerly known as Akhila Ashokan, had converted to Islam to marry Shafin Jahan in 2015. Her father had approached the Kerala High Court, alleging that Muslim organisations planned to make her join the Islamic State group, and that Jahan was involved in terrorism.
On Monday, Ashokan joined the BJP in the presence of party General Secretary B Gopalakrishnan. He claimed the BJP is the only party that can protect Hindu beliefs.
“I was a Communist party follower since my childhood,” he told reporters in Thiruvananthapuram. “But of late the party is playing dirty vote-bank politics eyeing minority votes. I failed to understand if somebody talks about Hindus [how] he turns communal in no time.”
Explaining his support for the protests in Sabarimala, Ashokan said: “Like many Hindus of Kerala, I am also torn between my belief and law. I personally believe customs and traditions should not come under the preview of courts. Let religious scholars and other decide on such issues.”
In May 2017, the Kerala High Court had annulled Hadiya’s marriage and sent her back to her father. However, Jahan moved the Supreme Court, which in March 2018, restored the marriage, observing that “marriage and intimacy of personal relationships are the core of plurality in India”.
Courtesy: scroll.in
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Rupee sees high volatility against US dollar in early trade
Mumbai (PTI): The rupee witnessed high volatility in early trade on Wednesday, as support from easing crude oil prices was offset by uncertainty over the India-US trade deal and persistent foreign fund outflows.
Forex traders said the key driver of rupee weakness in December was continued FPI selling across both equity and debt markets, with foreign investors repeatedly selling several billion dollars’ worth of Indian assets on a daily basis in the last few months, the selling intensifying in the last two months.
ALSO READ: Rupee falls 9 paise to record low of 90.87 against US dollar in early trade
However, with Brent crude oil prices hovering near recent multi-year lows of USD 59 per barrel, the local unit was supported at lower levels.
At the interbank foreign exchange market, the rupee opened at 91.05 against the US dollar, down 12 paise from its previous close.
The domestic unit, however, witnessed a sharp recovery and appreciated 97 paise to touch an early high of 89.96 against the American currency and was trading at 90.18 against the US dollar at 09.46 hrs.
On Tuesday, the rupee tanked below 91 per dollar, hitting a low of 91.14. It finally settled at 90.93 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.17 per cent higher at 98.31.
Brent crude, the global oil benchmark, was trading at USD 59.54 per barrel in futures trade, as record non-OPEC supply, weak China data and optimism over a Ukraine ceasefire were the main reasons for the current fall, traders said.
Meanwhile, Minister of State for Finance Pankaj Chaudhary on Tuesday informed Parliament that, "During the current financial year, the depreciation of the INR has been influenced by the increase in trade deficit and likely prospects arising from the ongoing developments in India's trade agreement with the US, amid relatively weak support from the capital account."
"The depreciation of currency is likely to enhance export competitiveness, which in turn impacts the economy positively. On the other hand, depreciation may raise the prices of imported goods. However, the overall impact of exchange rate depreciation on domestic prices depends on the extent of the pass-through of international commodity prices to the domestic market," he said.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 146.09 points higher at 84,825.95, while the Nifty was up 62.05 points at 25,922.15.
Foreign Institutional Investors sold equities worth Rs 2,381.92 crore on Tuesday, according to exchange data.
According to Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, the rupee may see a slow and steady move towards 92 in the coming days, with no signs of any trade deal happening between India and the US, which has also been a cause for the equities to fall.
