NIA raids 8 locations in Kashmir in 'white-collar terror' module case
Srinagar (PTI): The National Investigation Agency (NIA) on Monday carried out raids at eight locations in Pulwama, Shopian and Kulgam districts of Kashmir in connection with a "white-collar" terror module that was behind a car blast near Delhi's Red Fort, officials said here.
The NIA teams conducted searches at the residence of Moulvi Irfan Ahmad Wagay in Shopian, officials said. Wagay has emerged as the mastermind of the radicalisation and recruitment of the 'white-collar' terror module busted early last month.
He was arrested by police in October, and the NIA took him into custody last month after taking over the probe into the car blast that left 15 people dead and several others injured.
Raids were also carried out at Koil, Chandgam, Malangpora and Samboora areas of Pulwama district, officials said, adding these locations were linked to people associated with the Delhi car blast case.
Additionally, the agency searched the residence of Dr Adeel Ahmad Rather, who was arrested from Uttar Pradesh's Saharanpur in the first week of November.
Further details are awaited.
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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.
