New Delhi: The rupee today depreciated to an all-time low value. The rupee had closed at 77.41 against the dollar in yesterday’s trade. The rupee had touched a record low of 76.98 in March. The rupee depreciated further against the dollar. The rupee had lost 55 paise to close at 76.90 against the US dollar in early trade on Friday.

Forex dealers said fresh capital inflows into equities by foreign investors and a weak opening in the stock market also kept the rupee sentiment firm. Experts say the tightening of the covid lockdown in Shanghai could seriously affect all Asian stocks. Against this backdrop, the rupee is likely to depreciate further.

Forex dealers said besides the rise in bond yields and a weak opening in the stock market, the Indian rupee was heading for a record low against the dollar. At the National Stock Exchange, the Sensex was down 1.34 percent and the NSE Nifty was down 21.34 percent.

Hyderabad: Cyberabad police have seized 800 kg of cannabis worth Rs 2 crore from Hyderabad in Telangana. Two people were arrested in connection with the incident. Police have nabbed a man who was trying to smuggle cannabis from Andhra Pradesh to Uttar Pradesh via Telangana.

The search was carried out following a tip-off received by the Special Operations Team (SOT) in the Shamshabad zone. Truck driver Khushi Mohammad and cleaner Sonu Singh were arrested. Cyberabad Police Commissioner Stephen Ravindra said the two were from Uttar Pradesh and the other three accused were absconding.

Srinagar: Lashkar-e-Taiba terrorist arrested in Baramulla, Jammu, and Kashmir. Ajaj Ahmed Beer was nabbed by a joint operation of the National Rifles and the Jammu and Kashmir Police.

Weapons and explosives were recovered from him. According to the police, he has an active connection with Lashkar-e-Taiba. Police have registered a case under UAPA provisions in the incident.

Hyderabad: Eight people, including six women, were killed and 20 others injured in a collision between a lorry and a mini truck in Telangana’s Kamareddy district on Sunday evening.

The lorry collided with a mini truck coming from the opposite direction of the road at Yellareddy Mandal around 5 pm. Two died on the spot and three died on the way to the hospital, Kamareddy District Superintendent of Police B Srinivas Reddy said.

The injured were rushed to hospital. The Prime Minister has announced Rs 2 lakh as relief to the families of those killed in the accident.

New Delhi: The Enforcement Directorate (ED) has said that the allegation that the statements of officials of the Chinese-based mobile maker Xiaomi’s company in India were forcibly recorded was baseless. Earlier, Xiaomi India had alleged in the Karnataka High Court that its top officials were subjected to physical and physical abuse during interrogation. Xiaomi alleges that the ED threatened and coerced its officials into speaking out in the FEMA offense case. This is followed by ED’s explanation. The Enforcement Directorate said the allegations were baseless and that the officers had given statements voluntarily. The ED made the statement based on documents and information provided by the company during the investigation.

The case was related to the ED’s order to confiscate funds worth over Rs 5,551 crore from Xiaomi India for allegedly violating the Foreign Exchange Management Act. The court order has stayed.