Gauri murder case accused one of two Kalburgi killers?
Bengaluru, June 07: A 37-year-old Pune man currently under investigation for his suspected links to the Gauri Lankesh murder was allegedly one of the two men who knocked on the doors of scholar MM Kalburgi’s residence in Dharwad before they gunned him down on August 30, 2015, reports timesofidia.indiatimes.com.
Two unidentified men had gone to Kalburgi’s Kalyan Nagar residence. The visitors struck up a conversation with the scholar and his wife Umadevi went inside as she thought they were his students. The visitors fled after one of them shot Kalburgi dead. One of the visitors is suspected to be Amol Kale, the Pune man, now being questioned by the Special Investigation Team (SIT) probing the Gauri killing.
“A close family member of Kalburgi has identified Kale as one of the visitors. However, we need more evidence to establish the claim. We’ll soon contact sleuths of the Criminal Investigation Department (CID) which did the initial investigation into the Kalburgi killing.” SIT sources said TOI.
Kale is a realtor and lives with his widowed mother and wife in Akshay Plaza Apartments at Manek Colony, Chinchwad near Pune. Kale, Manohar Yadave (from Vijayapura), Amit Degvekar (from Sindhudurg, Maharashtra) and Sujit Kumar alias Praveen from Mangaluru were first arrested for conspiring to kill Mysuru rationalist KS Bhagawan. The SIT took them into custody after it emerged that they had links with the Gauri killing too.
Kale’s absconding accomplice, Nihal alias Dada, is a suspected to have played a significant role in the Gauri murder, SIT sources said. We have launched a manhunt for him,” sources said TOI.
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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.
