PM should make elaborate statement on Manipur in Parliament: Kharge
New Delhi (PTI): Congress president Mallikarjun Kharge on Friday demanded that the prime minister make an elaborate statement in Parliament on the Manipur situation, saying he could have dismissed the state chief minister instead of making "false equivalence" with Congress governed states if he was angry over the matter.
The Congress has demanded that Prime Minister Narendra Modi must make a statement in both houses of Parliament followed by a discussion on the situation in Manipur.
Opposition parties have stepped up their attack on the government over the Manipur violence, especially after the video of two women being paraded naked and assaulted by a crowd in a Manipur village, went viral on social media.
"Narendramodi ji, You did not make a statement inside Parliament, yesterday. If you were angry then instead of making false equivalence with Congress governed states, you could have first dismissed your Chief Minister Manipur," Kharge said on Twitter.
"INDIA expects you to make an elaborate statement in Parliament today, not just on one incident, but on the 80-day violence that your government in the state and the Centre has presided upon, looking absolutely helpless and remorseless," the Congress chief also said. Modi on Thursday said the incident of women being paraded naked in Manipur has shamed 140 crore Indians, asserting that law will act with its full might and no guilty will be spared.
Both houses of Parliament did not transact any business on Thursday as the opposition was unrelenting on its demand for a statement from the prime minister on the Manipur violence.
Manipur is burning. Women are raped, naked, paraded and horrific violence is taking place.
— Mallikarjun Kharge (@kharge) July 20, 2023
But the Prime Minister has kept quiet for so long.
Today, after so much outrage, he gave a statement outside the Parliament.
We want a detailed discussion on Manipur and PM Modi should… pic.twitter.com/oeuCxG72Az
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Rupee settles 1 paisa higher to close at 94.15 against US dollar
Mumbai (PTI): The rupee settled with gains of just one paisa to close at 94.15 against the US dollar on Monday, as rising global uncertainty, escalating tensions in West Asia and soaring crude oil prices weighed on investor sentiments.
Forex traders said the INR/USD pair pared its initial losses, but the overall bias remains negative as FII sell-off and elevated crude oil prices restricted the gains for the local unit.
At the interbank foreign exchange market, the rupee opened at 94.25 against the US dollar, and touched an intraday high of 94.11 and a low of 94.28 against the greenback during the day.
At the end of Monday's trading session, the rupee was quoted at 94.15, registering a gain of just 1 paisa over its previous close.
On Friday, the rupee extended its losing streak for the fifth day in a row, depreciating 15 paise to close at 94.16 against the US dollar.
"The rupee snapped a five-session losing streak, rebounding in tandem with a rally across regional currencies. However, the mood remains apprehensive as the market braces for a potential RBI intervention around 94.30 and higher crude oil prices," said Dilip Parmar – Senior Research Analyst, HDFC Securities.
On the charts, the USDINR pair has reclaimed its upward momentum, carving out a classic bullish structure of higher highs and lows on the daily time frame, he said, adding that for the coming sessions, 93.80 serves as a support, with 94.40 acting as the primary hurdle.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.21 per cent at 98.32.
Brent crude, the global oil benchmark, was trading higher by 2.36 per cent at USD 107.82 per barrel in futures trade.
On the domestic equity market front, Sensex jumped 639.42 points to settle at 77,303.63, while the Nifty surged 194.75 points to 24,092.70.
Foreign Institutional Investors offloaded equities worth Rs 1,151.48 crore on Monday, according to exchange data.
Meanwhile, India's forex reserves jumped by USD 2.362 billion to USD 703.308 billion during the week ended April 17, the Reserve Bank of India (RBI) said on Friday.
In the previous reporting week, the forex kitty had increased by USD 3.825 billion to USD 700.946 billion.
