Tejashwi yet to come out of our father's shadow: Tej Pratap Yadav
Patna (PTI): Former Bihar minister Tej Pratap Yadav on Saturday asserted that his younger brother Tejashwi, whom the INDIA bloc has named chief ministerial candidate for the assembly polls, was yet to come out of the shadow of their father Lalu Prasad.
The Hasanpur MLA, who has floated Janshakti Janata Dal after being expelled from RJD, was responding to queries from journalists about his more famous younger sibling being called "Jan Nayak" (hero of the people) by enthusiastic supporters.
"Jan Nayak is an epithet associated with giants like Ram Manohar Lohia and Karpoori Thakur. Even Lalu Prasad fits the bill. But Tejashwi owes his standing to Lalu Prasad. The day he makes a mark for himself, I will be the first to call him a Jan Nayak," he replied.
Yadav, who is now trying to wrest back Mahua, the seat from which he made his debut a decade ago, stuck to the stand that after elections, he would not return to his father's party nor would he be a part of any other political formation.
He also exuded confidence that he faced "no contest" in Mahua, where he claims credit for the establishment of a medical college and promises to set up "an international stadium that would host a cricket match between India and Pakistan".
The RJD has given a ticket to Mukesh Raushan, sitting MLA from Mahua, who is a close aide of Tejashwi Yadav.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
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.
