In Manipur, efforts on to bring back sense of normalcy: EAM S Jaishankar
New York (PTI): External Affairs Minister S Jaishankar has said efforts are on in Manipur by the state and the central governments to find a way by which a sense of normalcy returns and there is adequate law-and-order enforcement.
"...I think one part of the problem in Manipur has been the destabilising impact of migrants who have come," he said Tuesday at the Council on Foreign Relations in response to a question on the situation in the northeastern state in India.
"But there are also tensions which obviously have a long history which precede that. And today, I think the effort is on the part of the state government and the Union government to find a way by which a sense of normalcy returns, that arms which were seized during that period are recovered, that there is an adequate law-and-order enforcement out there so that incidents of violence don't happen," the minister said.
Earlier this month, a group of United Nations experts said they are "appalled" by reports and images of violence in Manipur targeting women and girls, and urged the Indian government to take robust action to investigate the incidents and hold the perpetrators to account.
The experts raised an alarm on reports of serious human rights violations and abuses in Manipur, including acts of alleged sexual violence, extrajudicial killings, home destruction, forced displacement, torture and ill-treatment.
India had rejected these comments, calling them "unwarranted, presumptive and misleading", and asserted that the situation in the state was peaceful.
Jaishankar was asked about him dismissing these comments as "presumptive".
"The comment wasn't made by me personally but by the spokesperson. Was that comment correct? My answer to you would be yes," he said.
The minister was also asked about reports by Sweden's V-Dem Institute and the US government-funded NGO Freedom House that had criticised India on freedom and democracy.
Jaishankar had slammed the two organisations for their "hypocrisy" and called them "self-appointed custodians of the world who find it very difficult to stomach that somebody in India is not looking for their approval".
Responding to the question on this at the CFR event, he said, "I think it answers the question if you would be objective enough to understand it. I think it says very clearly that the people who are writing these reports have a strong bias, often they distort facts. Many of these reports are actually riddled with inaccuracies."
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Rupee hits record intra-day low in early trade, falls 12 paise to 92.37 against US dollar
Mumbai (PTI): The rupee slumped 12 paise to its record low of 92.37 against the US dollar in early trade on Friday as global crude oil prices showed no signs of easing amid the ongoing West Asian conflict.
A stronger greenback, heavy FII selling and weak sentiments in the domestic equity markets further weighed on the rupee, according to forex traders.
At the interbank foreign exchange, the local unit opened at 92.33 and slipped further to hit its record intra-day low of 92.37 against the US dollar, down 12 paise from its previous close.
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The rupee touched a fresh intra-day low of 92.36 on Thursday and closed the session 24 paise down at its lowest level of 92.25 against the US dollar.
"Oil prices remained elevated after Iran said the Strait of Hormuz is closed permanently till the resolution of the crisis. The dollar index also rose, European and Asian currencies all fell against the dollar," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
The rupee has remained vulnerable and in the absence of the RBI could have reached 93.00 levels, he added.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 99.77.
Brent crude, the global oil benchmark, was trading higher by 4.99 per cent at USD 96.57 per barrel in futures trade.
On the domestic equity market front, the Sensex plunged 560.06 points, or 0.74 per cent, to 75,474.36, while the Nifty tanked 184.45 points, or 0.78 per cent, to 23,454.70.
Foreign institutional investors sold equities worth Rs 7,049.87 crore on a net basis on Thursday, according to exchange data.
Meanwhile, retail inflation moved up to 3.21 per cent in February compared to 2.74 per cent in the preceding month, driven mainly by higher food prices, government data released on Thursday showed.
