Two Pakistani boxers missing in Birmingham after CWG
Karachi, Aug 10: Two Pakistani boxers have gone missing in Birmingham after the conclusion of the Commonwealth Games, the national federation said on Wednesday.
Pakistan Boxing Federation (PBF) secretary Nasir Tang confirmed the news that boxers Suleman Baloch and Nazeerullah disappeared a couple of hours before the team's departure for Islamabad.
The Birmingham CWG ended on Monday.
The travel documents including their passports are still with federation officials who accompanied the boxing team to the games, Tang said.
He said the team management has informed the Pakistan High Commission in the UK and the relevant authorities in London about the disappearance of Suleman and Nazeerullah.
Tang said the documents of the missing boxers have been kept as per the standard operating procedure for all athletes who travel from Pakistan.
The Pakistan Olympic Association (POA) has formed a four-member committee to investigate the matter of the missing boxers.
Pakistan failed to win any medal in the boxing competition of the Commonwealth Games where it ended up with eight medals, including two gold, won in weightlifting and javelin throw.
The disappearance of the boxers came just two months after a national swimmer, Faizan Akbar also disappeared while competing in the FINA World Championships in Hungary.
Akbar, however, didn't even bother to compete in the championships and went missing with his passport and other documents just hours after reaching Budapest. He could not be traced since June.
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Rupee falls 11 paise to 94.27 against US dollar in early trade
Mumbai (PTI): The rupee depreciated 11 paise to 94.27 against US dollar in early trade on Monday driven by persistent dollar demand and a broader shift toward safe-haven assets.
Forex traders said the Indian rupee has hit a rough patch, falling for five consecutive sessions, weighed down by a combination of factors such as the RBI loosening its grip on currency rules and rising oil prices caused by global tensions.
Moreover, investors are becoming cautious again, with foreign institutions pulling money out of the market after a brief period of buying amid rising geopolitical uncertainty.
At the interbank foreign exchange market the rupee opened at 94.25 against the US dollar, then lost some ground and touched 94.27 against the US dollar in initial trade, registering a fall of 11 paise over its previous close. On Friday, the rupee had settled at 94.16 against the American currency.
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Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.09 per cent at 98.44.
Brent crude, the global oil benchmark, was trading higher by 1.16 per cent at USD 106.55 per barrel in futures trade.
A mix of softer economic signals and renewed, even if fragile, hopes of diplomacy pulled the dollar lower again, CR Forex Advisors MD Amit Pabari said, adding that for Rupee, on one hand, a softer dollar offers relief. On the other, uncertainty remains the dominant force.
Meanwhile, India’s forex reserves have crossed USD 703 billion as of April 17, reflecting a consistent build-up of buffers.
"For now, the rupee continues to lean toward gradual weakness. Uncertainty remains the dominant force, shaping both global flows and local reactions," Pabari said.
He further noted that any dips are likely to be bought into, with the 92.80–93.20 zone acting as a strong support. On the upside, 93.50 to 94.50 is expected to define the near-term range.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 518.96 points or 0.68 per cent higher at 77,183.17, while the broader Nifty was trading up 131.30 points or 0.55 per cent at 24,029.25.
Foreign Institutional Investors offloaded equities worth Rs 8,827.87 crore on Friday, according to exchange data.
