RSS being targeted in Hussainabba death case: Shobha Karandlaje
Bengaluru, June 7: Lok Sabha Member Shobha Karandlaje alleged that HD Kumaraswamy led coalition government has been conspiring to target the RSS in the Hussainabba death case.
Speaking to reporters at the party office here on Thursday, Shobha said that Hussainabba died of heart attack while taking him in a police vehicle after arresting him on charges of transporting cattle illegally. But before getting the FSL report on the cause of death, the police have been arresting Sangh Parivar workers and threatening them.
Hussainabba underwent three surgeries before and he was suffering from heart related disease. So, it is suspected that he might have died due to heart attack while taking him in the police vehicle and RSS workers have no role in his death, she said.
Hindu workers targeted
Cattle are being stolen from Hindus houses against which, workers of Hindu organizations have been working along with the police. The fight on protecting the cattle would be peaceful. Even then, the previous Congress government has been torturing the Hindu workers. Now, the coalition government is also doing the same thing. But Sangh Parivar would not worry about such threats, she said.
In the rains that lashed the Dakshina Kannada and Udupi districts last week, people and cattle were killed and properties worth crores were damaged. But neither the Chief Minister nor the officials visited the districts and consoled the affected people and compensation was not released so far. The coalition government has been neglecting Dakshina Kannada, Udupi and Kodagu districts completely as most of the Assembly segments were in the hands of BJP. Instead of making partiality, the government should come forward to assist the people in distress, she said.
Caste differentiation
In the previous government, students from all communities were getting the free bus passes. But this coalition government is giving passes only to SC/ST students and this decision would create inequality among students. So, the government should distribute free pass to all students irrespective of categories, she said.
The coalition government is planning to cut the incentives being given to milk producers. Chief Minister HD Kumaraswamy had said that he would waive off the farm loans within 24 hours of coming to power. But now, he is planning to cut the incentives of the milk producers. The government should not take such a decision, she demanded.
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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.
