Your communal game won't work now, will land you in jail: MB Patil warns Chakravarthy Sulibele
Vijayapura: Minister for Commerce and Industry MB Patil has issued a stern warning to activist Chakravarthy Sulibele, cautioning him that his efforts to fuel communal tensions in society will lead to legal repercussions. Patil conveyed the message that any attempt to incite communal strife would result in imprisonment for Sulibele, the founder of Yuva Brigade.
During a press conference held on Sunday, Patil expressed his dissatisfaction with Sulibele's comparison of the Congress government to Hitler's regime, stating that such remarks were inflammatory and divisive. Patil accused Sulibele of instigating disturbances in the state over the past four years, citing controversial issues such as textbooks, hijab, halal, and azaan. Patil emphasized that the government is committed to resolving these problems and restoring harmony.
Responding to Sulibele's remarks, Patil clarified that the saffron color is not exclusive to the Bharatiya Janata Party (BJP). He highlighted that the Congress party also holds religious ceremonies, hoists saffron flags at temples, and utilizes the color in their homes, underscoring the shared cultural significance of the saffron hue.
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Rupee recovers from lowest level, gains 9 paise to 91.90 against US dollar in early trade
Mumbai (PTI): The rupee recovered from its lowest level and gained 9 paise to trade at 91.90 against the American currency in early deals on Friday, supported by lower crude oil prices in the international market.
According to forex traders, a sharp recovery in the Indian currency was capped by a strong greenback and withdrawal of foreign funds from domestic equity markets.
At the interbank foreign exchange, the rupee opened at 91.89 and strengthened up to 91.87 against the greenback before trading at 91.90 in initial deals, up 9 paisa from its previous closing level.
The rupee ended on a flat note at its lowest level of 91.99 against the dollar on Thursday.
On January 23, the currency hit an all-time intraday low of 92 against the US dollar.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.36 per cent higher at 96.48.
Analysts said the dollar index strengthened after the US Federal Reserve kept the interest rate unchanged at the conclusion of its first policy decision of 2026.
Brent crude, the global oil benchmark, was trading 1.50 per cent lower at USD 69.62 per barrel in futures trade.
On the domestic equity market front, Sensex declined 520.07 points or 0.63 per cent to 82,046.30 in early trade, while Nifty dropped 157.65 points or 0.62 per cent to 25,261.25.
Foreign institutional investors sold equities worth Rs 393.97 crore on Thursday, according to exchange data.
According to the Economic Survey, tabled in parliament on Thursday, the rupee is "punching below its weight" and "investor reluctance to commit funds to India warrants examination at a time when inflation is under control and the growth outlook is favourable".
