Karnataka Police registered an FIR against seven individuals, including persons allegedly linked to US-based missionary organisation The Timothy Initiative, over allegations of routing foreign funds for Maoist activities. The case, based on an ED complaint, is being investigated under UAPA
The Indian currency was pressured by a weak domestic equity market and a stronger US dollar against major global currencies, driven by increased month-end dollar demand from importers, according to forex traders.
At the interbank foreign exchange, the domestic unit opened weak at 82.00 against the dollar, then fell to 82.01, registering a decline of 6 paise over its last close.
According to FPI statistics available with depositories, overseas investors pumped in a net of Rs 19,473 crore into equities but pulled out Rs 4,824 crore from the debt segment between January 1 and January 29.
