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May 12 • 4 tweets • 3 min read
#Rupee tumbles to a record low of 77.63 against US dollar

The currency hit an all-time low for the second time this week. scroll.in/a/1023752

#RupeeVsDollar
#RupeeVsDollar | On Wednesday, rupee had settled at 77.24.

After today's development, the rupee fell to a record low for the second time this week. scroll.in/a/1023752
“For Indian markets, inflation and Reserve Bank of India’s unexpected rate increase have created some kind of nervousness,” said Kranthi Bathini, director of equities strategy at WealthMills Securities, Reuters reported. scroll.in/a/1023752
On the domestic front today morning, the 30-share #Sensex was trading 1,041.83 points lower, or 1.93%, at 53,271.61.

Meanwhile, the broader 50-share NSE Nifty fell 316.50 points, or 1.96%, to 15,850.60. scroll.in/a/1023752

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More from @scroll_in

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May 12
Plea to open #TajMahal’s rooms to check for Hindu idols dismissed by Allahabad High Court

The judges asked the petitioner, a BJP leader, not to make a mockery of the public interest litigation system.

#TajMahalControversy

scroll.in/a/1023775
The Lucknow bench of the Allahabad High Court today dismissed a plea seeking directions to open 20 rooms of the #TajMahal in Agra to check for the possible presence of Hindu idols or scriptures, Bar and Bench reported. scroll.in/a/1023775
“Tomorrow you will come & ask us to go to chambers of honourable judges,” the two-judge bench of Justices DK Upadhyay & Subhash Vidyarthi rebuked the petitioner. “Please, do not make a mockery of the PIL system.” scroll.in/a/1023775

#TajMahalControversy
Read 4 tweets
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May 12
#DemolitionDrive starts in Delhi’s Madanpur Khadar amid protests

Aam Aadmi Party MLA Amanatullah Khan, who rushed to the site to oppose the razing, has been detained by the Delhi police. scroll.in/a/1023760
#Delhi #DemolitionDrive | Bulldozers were seen trying to demolish a six-storey building in the area.

Labourers were seen breaking the building’s walls from the inside. scroll.in/a/1023760
#DemolitionDrive | The police warned protestors of strict action to stop demonstrations, NDTV reported. They were seen baton-charging the protestors as well. scroll.in/a/1023760
Read 5 tweets
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May 12
#CommonGround: Tracking the [#PMKisan] scam in Assam reveals that it began with a rush to add beneficiaries at a breakneck speed ahead of the 2019 Lok Sabha election.

But once initiated, the scam spiralled out of control
scroll.in/a/1023605

By @snigdhapoonam, @datelinedelhi
#CommonGround: A data entry operator in Assam's Darrang district recounted that a banking correspondent made around 1,000 accounts in villagers' names, which he used to siphon off money from the [#PMKisan] scheme. scroll.in/a/1023605
“They took money and added names"

Since identify proof documents were not being scrutinised carefully, and bank accounts served as unique IDs for each beneficiary, many took the opportunity to draw up their own lists.

India’s Rs 3,000-crore PM Kisan scam scroll.in/a/1023605
Read 4 tweets
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May 12
#Opinion: India’s #bulldozer raj is as far as we can get from nation building

Nations forged in devastation resemble petty mafias of muscle and flex. Neither a new politics, nor a vibrant economy can flourish in this morass.
scroll.in/a/1023626

@professor_sud writes
#Opinion: Emboldened by the ricocheting Bulldozer Raj, BJP leaders are on record, urging state authorities to identify and demolish the illegal properties of “rioters” and “Bangladeshis and Rohingyas”. scroll.in/a/1023626

@professor_sud writes
While there is palpable confusion and a lack of direction in the economic sphere, there is more clarity in politics. India is being moulded into a Hindu majoritarian state, writes @professor_sud scroll.in/a/1023626
Read 8 tweets
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May 12
Plotting a Hindu Rashtra: Inside the hate-filled world of India’s Trads

Even the BJP and the RSS are held in contempt for not pursuing the goal of Hindu supremacy seriously enough. scroll.in/a/1023250

By @iyersaishwarya
Trads were also believed to be behind a similar “auction” held last year on another app called “Sulli Deals”.

Days after the first arrest, the audio discussion on Twitter offered a glimpse of the Trad worldview. scroll.in/a/1023250

By @iyersaishwarya
It [Trads] isn’t just fascist Italy from which they seek inspiration. They also draw upon the world of the American Alt-Right to give expression to their violent fantasies of subjugating Muslims, Dalits, women and sexual minorities. scroll.in/a/1023250

By @iyersaishwarya
Read 6 tweets
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May 11
South Delhi civic body carries out #DemolitionDrive in Najafgarh, West Zone

Why has the municipal corporation not targeted illegal constructions in affluent areas? Opposition leaders asked.

scroll.in/a/1023712
#DemolitionDrive: Congress leader Abhishek Dutt said that the party would not let the “bulldozer of hate” run in the National Capital. He questioned why similar action was not taken against farmhouses of affluent persons. scroll.in/a/1023712
#DemolitionDrive: “If the BJP wants to run bulldozers, it should run them on unemployment and fuel price rise,” Congress leader Abhishek Dutt said. “They should run bulldozers on Chinese encroachment on the borders. We are willing to accompany them.”scroll.in/a/1023712
Read 6 tweets

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