28 killed, 22 missing as heavy rains hit north India; Delhi, UP on flood alert

Agencies
August 19, 2019

New Delhi, Aug 19: Heavy rains lashed northern parts, leaving at least 28 people dead and 22 missing in Himachal Pradesh, Uttarakhand and Punjab on Sunday, while a flood alert was sounded in parts of Delhi, Haryana, Punjab and Uttar Pradesh.

Haryana has asked the Army to remain on standby after 8.14 lakh cusec water was released from the Hathini Kund barrage in the Yamuna river.

At least 22 people, including two Nepalese, were killed and nine others injured in rain-related incidents in Himachal Pradesh, while three people died and 22 went missing following a cloudburst in Uttarakhand. Three people lost their lives in Punjab.

In southern India, the death toll in flood-ravaged Kerala climbed to 121 with the retrieval of more bodies. Ground Penetrating Radars were put into use to locate bodies at Kavalappara in Malappuram and Puthumala in Wayanad, where massive landslides had wiped out two villages.

Delhi witnessed rains with the maximum temperature settling at 29.7 degrees Celsius, four notches below the season's average, while the minimum temperature was recorded at 24.8 degrees Celsius, two notches below the season's average.

As the water level in the Yamuna river neared warning level, the Delhi government sounded a flood alert for the city and asked people living in the low-lying areas to move to safer places as the water level in the Yamuna river is expected to cross the danger mark, officials said.

An official said the Yamuna river was flowing at 203.37 metre on Sunday evening and its water level is expected to rise further in next 24 hours after 8.14 lakh cusec water was released from the Hathini Kund barrage in Harayana at 5 pm.

In Uttar Pradesh, several rivers, including Ganga, Yamuna and Ghaghra, are in spate. Ganga is flowing above the danger mark in Badaun, Garhmukteshwar, Naraura and Farrukhabad. Similarly, the Sharda river at Paliakalan and the Ghaghra river at Elginbridge are flowing above the red mark, the Central Water Commission said.

In Uttarakhand, three people were killed and around 22 went missing as heavy rains lashed the state. Cloudbursts in Mori block of Uttarkashi district wreaked havoc in several villages, damaging several houses in Arakot, Makuri and Tikochi villages. A woman was also washed away in Dehradun district when her car fell into a seasonal river, they said.

Heavy rains remained unabated in Himachal Pradesh, leaving at least 22 people, including two Nepalese, dead and nine others injured in rain-related incidents in the state.

Nine people died in Shimla, five in Solan, two each in Kullu, Sirmaur, Solan and Chamba and one each in Una and Lahaul-Spiti districts. Landslides hit a spot near the RTO office here, leaving three people dead. One person sustained injuries in the incident.

Due to heavy rains, district officials in the state have ordered closure of all educational institutions in Shimla and Kullu on Monday.

Gates of the Pandoh and the Nathpa Jhakri dams in Himachal Pradesh are being opened as the water level in the Beas and Sutlej rivers is very high. People have been requested to stay away from rivers, rivulets and streams to avoid any untoward incident, officials said.

Train services between Shimla and Kalka were disrupted on Sunday after multiple landslides blocked the rail route in the state.

Heavy rains remained unabated in Haryana and Punjab on Sunday causing floods in some parts, while authorities sounded a high alert in the two states.

Following heavy rains in Aol village of Punjab, three members of a family were killed when the roof of their house collapsed.

Eleven people, including four women, have been rescued after they got stuck when the overflowing water of Beas river flooded their village in Punjab's Gurdaspur district.

In Rajasthan, water has started receding and there was no flood-like situation anywhere in the state. An official said 49 people have died in rain-related incidents in the state since June 15 and 500 people have been evacuated from the rain-affected areas.

In West Bengal, weather in large parts of south Bengal, including the metropolis, improved after two days of torrential rain that led to waterlogging in many areas and snapped road links at several places.

Rains lashed several parts of Chennai and its neighbourhood with the MeT office predicting more showers during the next two days.

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coastaldigest.com news network
June 17,2020

Prime Minister Narendra Modi, who had maintained silence on Chinese aggression and massacre of Indian in eastern Ladakh, now issued a statement saying ‘India wants peace’. He added that India is capable of giving a befitting reply if provoked. 

The prime minister started his meeting with chief ministers on the Covid-19 with a two-minute silence as a tribute to the 20 soldiers who were killed in action in Galwan Valley this week. As he spoke, it became clear that the message was aimed not just at reassuring the nation but also delivering a sharp message to Beijing.

“I would like to assure the nation that the sacrifice of our jawans will not be in vain. For us, the unity and sovereignty of the country is the most important,” PM Modi said. Home minister Amit Shah and defence minister Rajnath Singh were also present in the meeting.

Over twenty Indian soldiers were killed in the violent face-off which took place in Eastern Ladakh on Monday. The troops fought each other with fists and rocks. After the clash, the two sides “disengaged” from the area where the fighting happened, the Indian army statement said. A news agency quoting sources said four Indian soldiers are in critical condition after the face-off.

Defence minister Rajnath Singh mourned the death of 20 Indian soldiers. “The loss of soldiers in Galwan is deeply disturbing and painful. Our soldiers displayed exemplary courage and valour in the line of duty and sacrificed their lives in the highest traditions of the Indian Army,” he said in a statement.

“The Nation will never forget their bravery and sacrifice. My heart goes out to the families of the fallen soldiers. The nation stand shoulder to shoulder with them in this difficult hour. We are proud of the bravery and courage of India’s bravehearts,” the minister further said in the statement posted on Twitter.

These are the first Indian casualties in a border skirmish with PLA since October 1975 when Chinese troops ambushed an Indian patrol in Arunachal Pradesh’s Tulung La sector and shot four soldiers dead.

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News Network
May 22,2020

Mumbai, May 22: The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.

As a result, the reverse repo rate stands at 3.35 per cent, said RBI Governor Shaktikanta Das. The six-member monetary policy committee (MPC) voted 5:1 in favour of the decision.

Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them. 

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News Networkwork
May 14,2020

Bengaluru, May 14: ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.

In Q1 CY19, it had reported a profit after tax of Rs 89 crore. ABB India follows calendar year as its fiscal year.

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business during the quarter.

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic. This impact primarily occurred in March, the company said in a statement.

ABB India said it continues to maintain a stable cash position of Rs 1,464 crore as on March 31 in a market where cash collection continues to be a challenge.

Besides, despite many activities coming to a standstill in March, the quarter was marked by commissioning for a mining major at Raigarh in Chhattisgarh, electrical and automation systems for a cement major and port and electrics, drives and automation for a leading mill in Bangladesh.

Terminal installation and commissioning for LPG, power management electrical control system for a leading refinery and commissioning of two units of a power plant in Kerala are some of the other projects where ABB's involvement ensured continuity and safe operations, it said.

On a global scale, the impact of COVID-19, as well as the fall in oil prices, has significantly impacted the short-term outlook. The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the pandemic.

Despite unprecedented stimuli by governments and central banks around the world and initial signs of recovering economic activity in China, macro-indicators point to a global recession of uncertain duration as many countries continue to face restrictions with anticipated long-term economic consequences, said ABB India.

While the company is taking prompt action to adapt its operations and cost base to safeguard profitability, it expects the results in the coming quarter to be impacted due to the loss of volumes.

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