Man set on fire after altercation between street dwellers in Kochi
Kochi (PTI): A man was set on fire following a violent altercation between two street dwellers at Kadavanthra here on Monday, police said.
Joseph (56), of Karakkode near Piravom in Ernakulam district, is currently admitted to the Government Medical College here.
According to police, the incident occurred around 12.50 am, when a fight broke out between Joseph and the accused, Andappan, both of whom sleep under a Kochi Metro pillar on SA Road, Kadavanthra.
As per the FIR by Kadavanthra police, Andappan had taken money from Joseph’s pocket.
When Joseph asked him to return the money, Andappan allegedly poured petrol on him and set him on fire.
According to the FIR, Joseph suffered severe burns on his back.
Police officials said they reached the scene after receiving an alert and shifted Joseph to the hospital.
He has suffered 45 per cent burns and is currently in the Intensive Care Unit (ICU).
Based on Joseph’s statement identifying Andappan as the attacker, police arrested the accused from a place near Kadavanthra.
Police registered a case under Bharatiya Nyaya Sanhita section 118(2) (causing hurt by dangerous weapons or means) and section 109 (attempt to commit murder).
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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.
