Heavy rainfall likely in Himachal till Aug 6, 115 roads closed for traffic | India News

The meteorological office here on Friday issued a ‘yellow’ alert for heavy rain, thunderstorms, and lightning in isolated places in ten out districts of Himachal Pradesh till August 6. A total of 115 roads — 46 in Mandi, 38 in Kullu, 15 in Shimla, six each in Kangra and Sirmaur, three in Kinnaur, and one in Lahaul and Spiti — are closed for vehicular traffic following heavy rains in the state. According to the state emergency operation centre, 225 transformers and 111 water supply schemes have been affected. Rain-related incidents…

Shirur landslide: Eight days on, rescuers lock in coordinates of missing lorry after detecting heavy metal beneath Gangavali River | Bangalore News

Eight days on, rescuers have identified the coordinates of the lorry driven by a man who went missing after the July 16 landslide. The victim, Arjun of Kerala, Arjun, who is presumed dead, was driving a BharatBenz truck loaded with 40 tonnes of timber to Kozhikode from Belagavi when he stopped for tea on NH 66. Multiple rescue teams have been searching for him for nearly a week, with efforts hampered by continuous rain. “With the assistance of Navy and ISRO satellites, disaster management teams identified a large metal object…

Amid heavy rains, yellow alert issued for Mumbai from today till Friday | Mumbai News

Mumbai woke up to yet another day of overcast skies and heavy downpour on Tuesday as the India Meteorological Department’s Colaba station clocked in over 94 mm rainfall between Monday and Tuesday morning. The downpour is slated to continue in the metropolis and its neighbouring districts with the IMD issuing a yellow alert in Mumbai from Wednesday (July 24) until Friday. Data furnished by the weather department showed that while Colaba received heavy downpour of nearly 100 mm, the Santacruz recording station registered 42 mm rainfall during the same period.…

After heavy showers, rain intensity to reduce in Mumbai in next few days | Mumbai News

Following a week of heavy downpour, Mumbai has been receiving subdued showers this week with the intensity slated to reduce over the next few days, the India Meteorological Department (IMD) said Wednesday. While Mumbai and its neighbour Thane have been placed under a yellow alert Thursday and Friday, no alerts have been sounded in the metropolis for Saturday, with the weather bureau forecasting only moderate showers. Despite an orange warning, which was in place until Wednesday, Mumbai experienced only light showers and the IMD downgraded its warning to yellow alert.…

IMD issues red alert for Raigad, Ratnagiri; predicts extremely heavy rainfall on July 14 | Mumbai News

The India Meteorological Department (IMD) on Saturday issued a red alert for the coastal districts of Raigad and Ratnagiri, and Kolhapur and Satara in western Maharashtra, warning of extremely heavy rainfall on July 14. The MeT department has issued an orange alert for Thane district for Sunday and a yellow alert for Mumbai, forecasting moderate to heavy showers in the city and suburbs with a possibility of very heavy rainfall at isolated places. A red alert was already in place for Raigad and Ratnagiri for Saturday. As per the IMD…

Heavy rain disrupts train services on Kalyan-Kasara section of CR | Mumbai News

Train services were disrupted due to heavy rain and waterlogging between Khadavli and Titwala in the Kalyan-Kasara section on Sunday, the Central Railway said. According to a press release issued by the Central Railway Public Relations office, heavy rainfall and flash floods in the Vasind-Khardi section from 3 am to 6 am damaged the track embankment, tilted the overhead electric (OHE) mast foundation, and uprooted trees, leading to service disruptions. The vigilance of Loco Pilots of Vidarbha Express (Train No. 12106) and Punjab Mail (Train No. 12138) helped detect the…

147th Jagannath Rath Yatra in Ahmedabad begins amid heavy security and high-tech surveillance | Ahmedabad News

Gujarat Chief Minister Bhupendra Patel monitored the movement and organisation of the 147th Jagannath Rath Yatra in Ahmedabad by observing its live broadcast on the video wall of the CM Dashboard at his residence on Sunday. Union Home Minister Amit Shah participated in the Mangla Aarti at Jagannath Temple in Ahmedabad early in the morning. “Like every year today, on the auspicious occasion of Lord Jagannathji’s Rath Yatra, I had the good fortune to participate in the Mangala Aarti of Sri Jagannath Mandir located in Ahmedabad. Mangala Aarti always feels…

Amarnath Yatra temporarily suspended due to heavy rain | India News

The Amarnath Yatra was temporarily suspended on both routes to the cave shrine on Saturday as a precautionary measure due to heavy rainfall, officials said. Intermittent heavy rainfall has been seen along the Baltal and Pahalgam routes since last night, they said. The decision to temporarily suspend the yatra was taken as a precautionary measure to ensure the safety of the pilgrims, the officials added. The number of devotees who have visited the 3,800-metre-high cave shrine and had ‘darshan’ of the naturally formed ice lingam has crossed 1.50 lakh. The…

Heavy storms cause deadly floods and landslides in Switzerland and Italy

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Weak rupee burdened by heavy foreign debt

[ad_1] The global economic crisis has begun to take a toll on the Indian industry’s balance sheet, owing to the depreciating rupee. While a weaker rupee may bring cheer to export-oriented sectors such as IT and textiles, it has increased foreign exchange liabilities of Indian companies. The accounting rules, called AS-11 provisions, make it mandatory for companies to make mark-to-market provisions in their profit and loss accounts for any changes in foreign currency loans. The worst hit have been those companies that primarily serve the domestic market and opt for…