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Is economy the biggest chink in PM Modi's armour?

The value of rupee touched record low of 73.34 against the dollar on Wednesday. The rupee plunged below the 73-mark amid strong demand for the American currency from oil importers and unabated capital outflows.

The rupee fell by 43 paise against the dollar to 73.34 during the early trading session on Wednesday as against the previous close of 72.91 against dollar on Monday.

Markets were closed on Tuesday due to Gandhi Jayanti.

The Brent crude oil price crossed $ 85 per barrel on Tuesday and energy experts expect the price to touch $ 100 per barrel. India imports 82% of its crude requiremen

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Yogi Adityanath on Saturday presented a saffron gamcha to Suvendu Adhikari, shortly after the latter took oath as the first BJP Chief Minister of West Bengal. The crowd also erupted into a loud cheer as the scene unfolded at the swearing-in ceremony in Kolkata. This was at least the second such instance in recent weeks when the duo's bonhomie was witnessed publicly. Earlier, during the election campaign in the state, a powerful scene was witnessed when Adhikari bowed down at the feet of the UP Chief Minister as a mark of respect.

Video: PM Modi hugs, touches feet of 98-year-old BJP veteran in Bengal

Prime Minister Narendra Modi on Saturday hugged and honoured 98-year-old Makhanlal Sarkar, one of the earliest and senior most members of the BJP. The scene unfolded on the stage ahead of Suvendu Adhikari's swearing-in as West Bengal's Chief Minister in Kolkata. PM Modi also touched Sarkar's feet and presented a shawl to him as a mark of respect. In 1952, Sarkar was arrested in Kashmir while he was accompanying Dr Syama Prasad Mookerjee as the latter was marching to hoist the tricolour there. BJP IT cell head Amit Malviya described the elderly party leader as "one of the earliest grassroots figures associated with the nationalist movement in post-Independence India."

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