Heavy rain in Mumbai hits train services, BMC issues alert, all schools closed

June 19, 2015

Mumbai, Jun 19: Normal life in Mumbai was today thrown out of gear as torrential rains battered the city and its suburbs resulting in cancellation of local train services leaving thousands of commuters stranded.

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There seems to be no let up in the situation with the Meteorological Department predicting heavy to very heavy monsoon rains in some areas. In the early hours, thousands of commuters leaving for offices were caught unaware on reaching the suburban railway stations as trains were being cancelled due to water-logging of tracks following heavy downpour since last night.

As services on all three railway lines--Central, Western and Harbour--were cancelled, harried commuters rushed to catch buses, taxis or any other mode of transport available to reach their destinations, which resulted in massive traffic jams at many places, exacerbated by inundation in low-lying areas.

With Central Railway cancelling its services on CST-Thane section on the main line and Harbour line as well, commuters got stuck at suburban platforms. The Western Railway services which were initially running late by 10 to 15 minutes, were later cancelled.

The rains resulted in water-logging in almost all low-lying areas of Mumbai and its suburbs.

"Thane-Karjat/Kasara and Vasvhi-Panvel Shuttle services and trans-harbour services are running," said Central Railway PRO A K Singh.

"Our supervising staff are alert and as soon water level recedes, services would be resumed," he said. According to information given by the control room of Brihanmumbai Municipal Corporation (BMC), water-logging is reported in areas like Kurla, Chembur, Tilak Nagar, Andheri, Parel, Lower Parel, Thane, Navi Mumbai and Dombivili.

An IMD forecast at 0800 hours today said, "Intermittent rains/shower would occur in the city and suburbs. Heavy to very heavy rains would occur in some areas." The average rainfall recorded in 24 hours ending 8 AM today is -- City 188 mm, Eastern Suburbs 155 mm, Western Suburbs 172 mm while the high tide (4.47 metres) is expected at 2:29 PM.

According to a statement issued by BMC, as many as 120 suction pumps have been pressed into service to drain out water in low-lying areas.

Meanwhile, Civic Commissioner Ajoy Mehta appealed to citizens to not send their wards to school as heavy rains are predicted. "Very heavy rains are expected today. So I have issued advisory for school children to stay at home," he told PTI.

Sources said long distance trains are bunched up outside Mumbai as they are not getting signal to enter the city due to water-logging.

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News Network
March 27,2020

Srinagar, Mar 27: Over 180 people with undeclared recent travel histories have been traced and shifted into quarantine in Srinagar, officials said.
"COVID-19: Over 180 persons with undeclared recent travel histories have been traced and shifted into quarantine this past week in Srinagar. Some 200 more complaints are being verified. Just hoping no one is infected as it's just too hard to even imagine the possible consequences." Srinagar district administration tweeted.
The Ministry of Health and Family Welfare had earlier on Thursday reported 88 new COVID-19 cases, which is the highest in a single day, taking the total countrywide tally to 694.

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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News Network
May 3,2020

New Delhi, May 3: Union Health and Family Welfare Minister Dr Harsh Vardhan on Sunday said that India's COVID-19 mortality rate of 3.2 per cent is the lowest in the world and over 10,000 coronavirus patients have been discharged from hospitals after recovering from the disease so far.

"Today more than 10,000 COVID-19 patients have been discharged. Those still admitted at hospitals are on the road to recovery. If in last 14 days doubling rate was 10.5 days, then today it is around 12 days," the Minister told ANI after visiting Lady Hardinge Hospital.

"Our mortality rate of 3.2 per cent is the lowest in the world," he said.

With 2,644 more COVID-19 cases and 83 deaths in the last 24 hours, the number of people infected from coronavirus in the country has reached 39,980 including 1,301 deaths, said the Union Ministry of Health and Family Welfare on Sunday.

Currently, there are 28,046 active cases while 10,633 COVID-19 positive patients have been cured/discharged.

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