Vaishnaw steals Karnataka's success by taking credit for state's achievements: Siddaramaiah
Bengaluru (PTI): Chief Minister Siddaramaiah on Friday hit out at Union Minister Ashwini Vaishnaw, accusing him of 'stealing Karnataka's success' by taking credit for achievements of the state.
He questioned why the 'double-engine governments' are unable to match Karnataka's progress.
Siddaramaiah's remarks came after Vaishnaw thanked Leader of the Opposition in the Lok Sabha and Congress leader Rahul Gandhi in a social media post for 'acknowledging the success' of Prime Minister Narendra Modi's 'Make in India' programme.
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Vaishnaw was responding to a recent Facebook post by Gandhi in which he shared a news report titled "Foxconn Hires 30k Staff at New, Women-led Unit" and praised Karnataka for setting an example by creating an ecosystem where manufacturing can grow at such scale and speed.
Taiwanese electronics giant Foxconn is the largest manufacturer of iPhones, and its second-biggest facility outside China is in Devanahalli near Bengaluru.
Hitting out at the Union minister, Siddaramaiah said in a post on 'X', "If Make in India is truly a success, why can't BJP's 'double-engine' states match what Karnataka has delivered?" "When you have no achievements to show, you steal others' success and take the credit," he claimed.
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Rupee hits all-time low for second time in a week
Mumbai (PTI): The rupee depreciated 31 paise to settle at 91.99 against the US dollar on Wednesday, touching the lowest closing level for the second time in less than a week, amid increased month-end demand for the greenback.
Forex traders said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe offered quiet reassurance. However, increased month-end demand for the American currency as well as the ongoing geopolitical tensions dented investors' sentiments.
At the interbank foreign exchange, the rupee opened at 91.60 and touched an early high of 91.50, but pared all the gains to touch an intra-day low of 91.99 against the greenback.
The domestic unit settled 31 paise down, revisiting its lowest-ever closing level of 91.99 against the greenback. The Indian currency previously ended at this level on January 23 when it also hit its all-time intraday low of 92 against the US dollar.
On Tuesday, the rupee rebounded from its all-time low levels and gained 22 paise to close at 91.68 against the US dollar.
Analysts said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe bolstered investor sentiment.
India and the European Union on Tuesday announced the conclusion of negotiations for the free trade agreement (FTA), under which a number of domestic sectors such as apparel, chemicals and footwear will get duty-free entry into the 27-nation bloc, while the EU will get access to the Indian market at concessional duty for cars and wines, an official said.
The deal has been dubbed the "mother of all deals" as it will create a market of about 2 billion people.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.07 per cent lower at 96.14.
Brent crude, the global oil benchmark, was trading 0.43 per cent lower at USD 67.28 per barrel in futures trade.
On the domestic equity market front, Sensex jumped 487.20 points to settle at 82,344.68, while Nifty surged 167.35 points to 25,342.75.
Foreign Institutional Investors turned net buyers and purchased equities worth Rs 480.26 crore on Wednesday, according to exchange data.
