PANAJI: BJP Member of Parliament Subramanian Swamy Sunday claimed that the value of the rupee was falling in comparison to the United States dollar because black money was "leaving" India.

Swamy was delivering a lecture titled "Indian Cultural Heritage and Its Importance" in Margao Sunday morning.

Stating that the fall in the value of the rupee had nothing to do with the US, Swamy said, "It has got to do with the fact that a large amount of black money is now leaving the country."

"When there is an over-supply of the rupee to the dollar, value is bound to go down," Swamy explained.

The rupee is the worst performing emerging market currency having lost almost 14 per cent since January this year. Between April and September the rupee has plummeted more than 7 to the dollar and has breached the psychological 73 mark last week.

The BJP leader, himself an economist, further claimed that the US dollar would continue to rule the global economy as long as that country remained the most developed nation in the world.

"The day it (USA) ceases to be most developed (nation), some other currency will take its place. But at the moment, there is no challenge to the dollar," he commented. Speaking on the topic of the lecture, Swamy said that mythological king Ravana was born near Delhi and not In ancient Lanka as is widely believed.

"He was born in a village called Bisrakh near Delhi," Swamy claimed. The MP told the gathering that Ravana, armed with a boon from Lord Shiva for a penance at Mansarovar, proceeded to defeat Kuber to become "Lanka Naresh" there.

Courtesy: timesofindia

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Godda (Jharkhand) (PTI): A tribal couple and their minor son were allegedly hacked to death by their relatives in Jharkhand's Godda district over suspicion of practising witchcraft, police said on Tuesday.

The incident took place in Danga Tola under Deodanr police station area late on Monday and police recovered their bodies on Tuesday.

"A tribal couple and their minor son were hacked to death at Danga Tola in Godda. Preliminary investigation suggests the victims were killed over suspicion of practising witchcraft," Godda Sub-divisional Police Officer (SDPO) Ashok Ravidas told PTI.

Three persons have been arrested so far, he said.

"Police have arrested three persons in this connection. During initial interrogation, the accused told the police that they suspected that the victims were practising witchcraft," the SDPO said.

The axe used to kill them has also been recovered, and further investigation into the matter is underway, he said.

Deodanr police station officer-in-charge Amit Marki said the deceased tribal couple has been identified as Darbari Murmu (55) and his wife Maki Baski (50).

Their deceased son was around 12 years old. The bodies have been sent to Sadar Hospital in Godda for post-mortem examination.