Submit affidavit on expenses made during Rajasthan Gaurav Yatra, HC tells BJP
Jaipur, Aug 18 : The Rajasthan High Court on Saturday asked the ruling BJP to submit an affidavit with details of expenses incurred on the ongoing Rajasthan Gaurav Yatra under the leadership of Chief Minister Vasundhara Raje.
The court fixed Aug 21 as the next date of hearing, asking party officials to come prepared with documents.
Petitioner-advocate Vibhuti Bhushan Sharma submitted a PIL in the court recently questioning the state government's order on August 1 to the Public Works Department to float tenders for the yatra arrangements.
The petition wants a check on government expenses during the yatra.
The PIL was taken up in the court of Chief Justice Pradeep Nandrajog on August 10. The court had asked state BJP President Madan Lal Saini to submit his party's stand by Aug 16. However, as BJP's advocate was absent on the day, the hearing was held on Saturday.
The BJP is represented by advocate Ajit Kumar Sharma while the state government has chosen Rajendra Prasad to present its views in the court.
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Rupee hits record intra-day low in early trade, falls 12 paise to 92.37 against US dollar
Mumbai (PTI): The rupee slumped 12 paise to its record low of 92.37 against the US dollar in early trade on Friday as global crude oil prices showed no signs of easing amid the ongoing West Asian conflict.
A stronger greenback, heavy FII selling and weak sentiments in the domestic equity markets further weighed on the rupee, according to forex traders.
At the interbank foreign exchange, the local unit opened at 92.33 and slipped further to hit its record intra-day low of 92.37 against the US dollar, down 12 paise from its previous close.
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The rupee touched a fresh intra-day low of 92.36 on Thursday and closed the session 24 paise down at its lowest level of 92.25 against the US dollar.
"Oil prices remained elevated after Iran said the Strait of Hormuz is closed permanently till the resolution of the crisis. The dollar index also rose, European and Asian currencies all fell against the dollar," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
The rupee has remained vulnerable and in the absence of the RBI could have reached 93.00 levels, he added.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 99.77.
Brent crude, the global oil benchmark, was trading higher by 4.99 per cent at USD 96.57 per barrel in futures trade.
On the domestic equity market front, the Sensex plunged 560.06 points, or 0.74 per cent, to 75,474.36, while the Nifty tanked 184.45 points, or 0.78 per cent, to 23,454.70.
Foreign institutional investors sold equities worth Rs 7,049.87 crore on a net basis on Thursday, according to exchange data.
Meanwhile, retail inflation moved up to 3.21 per cent in February compared to 2.74 per cent in the preceding month, driven mainly by higher food prices, government data released on Thursday showed.
