Bengaluru Police Commissioner 'lied' about youth's murder case, alleges BJP MLC
Bengaluru, Apr 9: Karnataka BJP leader and MLC N Ravikumar on Saturday accused Bengaluru Police Commissioner Kamal Pant of "lying" regarding the recent murder of a 22-year-old youth here, and claimed that the victim's family had stated that the incident took place because he did not know Urdu.
On April 6, Home Minister Araga Jnanendra had stoked a controversy, citing a similar reason for the murder, but had subsequently retracted from it by stating that the incident was actually over road rage, and that his earlier statement was "wrong", as it was based on source-based preliminary information.
The Home Minister's statement had evoked sharp reaction from opposition parties.
"Simon (Simon Raj, the victim's friend) was at the spot when the incident took place. He has seen Chandru (the victim) being stabbed, when he said he doesn't know Urdu. His statement is there, do you want more truth than this?" Ravikumar asked.
Speaking to reporters here, he said, "First thing is what Simon has said is true, second is there is truth in what his mother has said...there is truth in what his aunt and family is saying. If more truth is required, conduct an inquiry. The Police Commissioner has lied...The Home Minister's earlier statement was correct."
Reacting to the allegation by the MLC, Pant said, "Based on all the information, I had told you (the media) about the case that day. There was a collision between bikes following which a fight broke out, leading to the incident."
Giving details about the incident, Pant on April 6 had said the killing was over a road rage.
"On the midnight of April 4 at around 2.30 am, Simon Raj and Chandru, both friends, had gone to an eatery at Hosaguddadahalli, and as the shop was closed they were returning. While returning on their bike, they collided with another bike, being ridden by one Shahid. This led to a quarrel," the police commissioner said.
"During the fight, Shahid along with two friends (who joined him) stabbed Chandru on his right thigh and the assailants fled from the spot. Chandru was shifted to Victoria hospital, where he succumbed to his injury. All the three accused were arrested," Pant added.
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Rupee strengthens past 90/USD level in early trade
Mumbai (PTI): The rupee appreciated 24 paise to 89.96 against the US dollar in early trade on Friday, supported by corporate dollar inflows and easing crude oil prices.
Forex traders said the gain in the USD/INR pair follows the rupee’s string of record lows in recent weeks on likely intervention from the Reserve Bank of India.
Moreover, crude oil prices hovering around USD 59 per barrel level supported market sentiment.
ALSO READ:Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the rupee opened at 90.19 against the US dollar, then gained some ground and touched 89.96 against the US dollar, registering a gain of 24 paise over its previous close.
In initial trade it also touched 90.22 against the American currency. On Thursday, the rupee appreciated 18 paise against the US dollar to close at 90.20 against the greenback.
The rupee sank to a fresh record low, breaching the 91-a-dollar mark for the first time on Tuesday.
"Since the speculators are out of the market the buying of US dollar syndrome has come down a bit though intra-day we could see spikes," said Anil Kumar Bhansali Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
The US CPI came lower than expected but was also due to non-collection of sufficient data and therefore, the next month’s CPI becomes more important, Bhansali said, adding that "Rupee remains in a range of 90-90.50".
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 98.46.
Brent crude, the global oil benchmark, was trading lower by 0.27 per cent at USD 59.66 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex climbed 375.98 points to 84,857.79, while the Nifty was up 110.60 points to 25,934.15.
Foreign Institutional Investors purchased equities worth Rs 595.78 crore on Thursday, according to exchange data.
Meanwhile, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal on Thursday said he is not concerned about the rupee at all, arguing that even China and Japan witnessed exchange rate weaknesses during their high growth phases.
Speaking at 'Times Network's India Economic Conclave 2025', Sanyal said since the 90s, the rupee has mostly been allowed to find its own level, but the RBI uses its reserves to intervene in either direction to stop excessive volatility.
"I am not concerned about the rupee at all... Let me say that the rupee and its current weakness should not be necessarily conflated with some economic worry, because historically, if you go over time, you will see that economies that are in their high growth phase very often go through a phase of exchange rate weakness," he said.
