Two held for stealing valuables from passengers at railway stations in Mumbai
Thane (PTI): Police have arrested two members of a gang involved in stealing valuables from passengers at railway stations in Thane district and neighbouring Mumbai, an official said on Saturday.
The police have recovered stolen gold jewellery worth Rs 10 lakh from the members of a gang from Nashik, the official said.
"The accused would approach unsuspecting passengers at railway stations, engage them in friendly conversation, and then slyly or forcibly remove their gold ornaments before fleeing. We have now arrested two such criminals and seized stolen valuables," senior police inspector Vijay Khedkar said.
A senior citizen from Thane had arrived at Kalyan station a fortnight ago to meet his son-in-law, and while waiting on the platform, two men approached him, gained his trust by talking for some time, and then forcibly removed a gold ring from his finger before escaping, he said.
Following the complaint at Kalyan GRP Police Station, a similar theft at Kurla railway station in Mumbai came to light.
"Our teams examined CCTV footage from the crime scenes and confirmed that the same two accused were involved in both thefts," the official said.
The police traced the suspects, Afzal Ahmed Madari (23) and Mushtaq Najmuddin Madari (21), to Yeola taluka in Nashik district, and arrested them.
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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.
