Veteran Cong leader, former MP minister Arif Aqueel passes away
Bhopal (PTI): Former Madhya Pradesh minister and senior Congress leader Arif Aqueel passed away on Monday at the age of 72 in a private hospital in Bhopal after prolonged illness, family sources said.
Aqueel, who was elected from Bhopal North assembly seat six times in his long political career, is survived by his wife, three sons and one daughter.
He won as an Independent MLA for the first time in 1990 and later joined the Congress. He emerged victorious from Bhopal North seat in the 1998, 2003, 2008, 2013 and 2018 assembly polls. However, he lost the polls from Bhopal North in 1993 as a Janata Dal supported candidate.
He was a prominent Muslim face of the party and was cabinet minister in the Congress governments led by Digvijaya Singh (1996-2003) and Kamal Nath (2018-2020).
Both Singh and Nath expressed grief at the death of Aqueel.
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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.
