Police have got leads in Rs 7 cr heist, says Home Minister Parameshwara
Bengaluru (PTI): Karnataka Home Minister G Parameshwara on Friday said the police have secured some important leads in the Rs seven crore heist and assured that the culprits would be arrested soon.
Addressing reporters here, Parameshwara said, "We have got some important leads in the robbery case. I cannot disclose it now because it will alert them. We will catch them very soon."
Responding to the opposition criticism over the delay in nabbing the accused, the minister said, "We are a responsible government. We will catch them, we will not leave them."
He added that he would list out all the crimes that had occurred during the previous BJP regime.
Unidentified men allegedly posing as RBI officials intercepted a ATM cash van here and decamped with about Rs seven crore on Wednesday.
The incident occurred when the vehicle was transporting cash from a bank branch in JP Nagar.
Preliminary investigation revealed that a group of men arrived in a car carrying a Government of India sticker and stopped the cash vehicle, claiming that they wanted to verify documents.
The suspects then forced the van's staff into their car along with cash.
They allegedly drove towards Dairy Circle where they dropped the staff and sped away with the cash which is estimated to be about Rs seven crore, they said.
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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.
