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19 Apr 2018, 17:28 HRS IST
SC says courts are not the place to settle business or political rivalry which has to be fought in markets or electionsThe PILs were without any truth and attempt was made to malign the judiciary: SCSC says it thought of initiating contempt proceedings against petitioners but decided not to go ahead with itSC says during arguments, counsel for petitioners forgot to maintain institutional civility towards judges and made wild allegationsSC criticises attempts by senior advocates and activist lawyers to make insinuations against judges including that of the apex courtSC says frivolous and motivated litigation has been filed to settle political rivalryIt becomes clear that with these petitions real attempt and frontal attack was made on independence of judiciary: SCDocuments placed on record and their scrutiny establishes that Loya's death was due to natural cause: SCThere is no reason to doubt statements of four judges on circumstances leading to the death of Loya: SCSC says attempts were made to scandalise judiciary by levelling serious allegations against judicial officers and judges of Bombay HCSC dismisses pleas to probe alleged mysterious death of CBI judge B H Loya, who was hearing Sohrabuddin Sheikh fake encounter case
  • PTI
  • Rupee slips 6 paise to 65.55 against US dollar

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11:49 HRS IST

Mumbai, Apr 17 (PTI)
The rupee pared initial gains to drop 6 paise, hitting a fresh six-month low at 65.55 in late morning trade against the American currency on sudden bouts of dollar demand from importers.

The rupee opened higher at 65.44 from yesterday's closing level at 65.49 per dollar at the interbank foreign exchange here.

The domestic unit witnessed volatility and hovered between a high of 65.41 and a low 65.5550 during morning deals, it was trading at 65.55 at 1020 hrs.

Rising crude prices on the back of widening trade deficit concerns continue to linger on the rupee, a dealer said.

Crude oil rose amid worries of a high risk of disruptions to supply, especially in the Middle East.

Brent crude oil futures were at USD 71.80 per barrel, up 38 cents, or 0.5 per cent, from their last close.

Meanwhile, the US dollar steadied against basket of currencies in early Asian trade.

The 30-share BSE Sensex trading higher by 96.31 points or 0.28 per cent at 34,401.74 at 1040 hrs.

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