Mumbai, Sep 4 : The Indian rupee hit a new all-time low of 71.37 per dollar on Tuesday tracking a similar trend among its global peers and amid concerns of trade war escalation.
It opened at 71.24 per dollar surpassing the previous low of 71.21 per dollar, at which it had closed on Monday.
According to analysts, along with trade concerns, high crude oil prices and consistent outflow of foreign funds also weighed on the Indian currency.
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Sultanpur (UP) (PTI): The hearing in the defamation case against Congress MP Rahul Gandhi was adjourned again due to the continuing strike of lawyers.
Plaintiff Vijay Mishra's counsel Santosh Kumar Pandey said the special MP-MLA judge Shubham Verma set January 30 as the next date of hearing to complete the cross-examination in the case.
Mishra, a local BJP politician, filed a defamation complaint against Gandhi in 2018 in the court alleging that during the Karnataka elections, the Congress leader made an offensive remark about BJP leader Amit Shah which hurt his sentiments.
The case was pending for five years, and when Gandhi failed to appear, the court issued a warrant in December, 2023, summoning him.
While Gandhi surrendered in court in February, 2024, his statement was recorded on July 26, 2024.
The special magistrate granted him bail on two sureties of Rs 25,000 each.
During his appearance in court, Gandhi claimed innocence and said a political conspiracy was being plotted against him.
The court subsequently directed the plaintiff to present evidence.
Though a hearing was scheduled on December 16, 2024, it was deferred due to the judge's absence. On January 2, 2025, when the cross-examination was not completed, the court set the next date for January 10, 2025. However, the hearing was rescheduled for January 22, 2025 due to the lawyers' strike.