A drugs inspector’s home in Patna, Bihar, has had a large sum of cash taken from it.
The money notes were counted for several hours by vigilance department officials.
They searched the residence of narcotics inspector Jitendra Kumar.
A drugs inspector’s home in Patna, Bihar, has had a large sum of cash taken from it. The money notes were counted for several hours by vigilance department officials after they searched the residence of narcotics inspector Jitendra Kumar.
The cops methodically tallied the bundles following bundles of bills in various denominations between 100 and 2,000 on the table.
Read more: Bihar is on edge as a result of the Agnipath saga, and train services are suffering
As part of their investigation into an assets case, the vigilance department investigators searched Mr. Kumar’s home.
Along with cash, the detectives discovered a significant amount of gold and silver as well as documentation for other properties. Four high-end vehicles have also been seized.
The police searched four locations in total, including Patna. Even in the wee hours of Saturday, the officers were still attempting to determine the precise value of the merchandise and cash taken in the raid.
Read more: Bihar, Jharkhand and UP still poorest states in ‘shining’ India
The US dollar was seen losing ground against the rupee in interbank trading on Wednesday morning as it fell by 50 paisa, with analysts linking the development to optimism surrounding the expected release of loan tranches by the International Monetary Fund (IMF). According to the Forex Association of Pakistan (FAP), the greenback depreciated Rs1.45 against the previous day's close of Rs206 to reach Rs204.55 around 1:20pm. The FAP's closing rate of the last session shows a difference of 87 paisa from that of the State Bank of Pakistan, recorded at Rs206.87. By closing time on Wednesday, the greenback was being traded at Rs205.50 in the interbank. Exchange Companies Association of Pakistan General Secretary Zafar Paracha attributed the international currency's fall to the possibility of the IMF releasing two combined tranches of around $1.85 billion instead of the initially expected single tranche of around $1bn. On Tuesday, Pakistan received the Memorandum of Eco...
The rupee, which has been on an upward trend for more than a week now, continued strengthening against the dollar in the interbank market on Friday. By 10:05am, the local currency had gained Rs2.15 against the dollar to reach Rs224, up 0.95 per cent from yesterday’s close of Rs226.15. The rupee had been on a consistent decline from July 15 and fallen to a record low of 239.94 on July 28. But since July 29, it has reversed gears and its value had risen by Rs14.15 till yesterday (Aug 4). The biggest hike was seen on Wednesday (Aug 3), when the rupee appreciated by a record single-day gain of Rs9.59 or 4.19pc. This major gain by the rupee has brought exchange rate stability as currency dealers feel that the fluctuations would not be as volatile as were witnessed in July when the greenback gained over 13pc in a single month against the local currency. More to follow. Source link
https://www.news.qm.com.pk/pkr-gains-rs2-15-against-dollar-in-interbank-market-business/?feed...
Comments
Post a Comment