Citi Financial News

Heavy rains lashed many parts of Odisha, mostly the coastal region leading to water-logging in the twin cities of Bhubaneswar and Cuttack on Saturday.The IMD has forecast more rainfall in the state. The water-logging in the state capital led to traffic jams and caused difficulty for people to drive vehicles in knee-deep water in many places while many slums and low-laying areas were submerged under water. IMD said that the highest 118.4 mm rainfall was recorded at Jharsuguda followed by 68.2 mm at Chandbali, 35.2 mm in Bhubaneswar, 13.5 mm in Balasore, 6 mm in Paradip, 7.2 mm in Puri and 10.6 mm at Sambalpur between 8.30 am to 11.30 am.

Arvind Kejriwal on Saturday appealed to people of the city not to take selfies or swim in flooded areas as it could be fatal and said the threat of floods was not over yet. His appeal came a day after three boys drowned in a ditch while bathing in floodwaters in northwest Delhi's Mukundpur Chowk area. «Reports are coming from several places that some people are going to play or swim or take selfies or shoot videos in waterlogged places.

PWD Minister Atishi on Saturday directed the chief secretary to ensure that all amenities are provided to people sheltered in relief camps.Marooned locals residing on the banks of the Yamuna were evacuated and shifted to relief camps after the river breached the danger mark, resulting in water spilling over and flooding several parts of the national capital. The PWD minister said since Friday, there have been complaints of inadequate facilities at the relief camps, adding that the people sheltered there claimed a shortage of water, inadequate toilets, electricity and poor quality of food.

Delhi Metro Rail Corporation (DMRC) on Saturday removed speed restrictions on metro trains that were imposed while crossing metro bridges over Yamuna due to increased water levels which caused the flood-like situation in the national capital. “Speed restriction imposed while crossing Metro bridges over Yamuna has been removed. All trains are running at normal speed now," DMRC said in a tweet.

Los Angeles County has 88 cities. Ten million people. Two hundred-plus languages spoken. And a nine-letter sign that, for much of the world, defines the entire region: HOLLYWOOD. Los Angeles has long been regarded as the global «company town» for show business, and as a rare actors strike upended the signature industry this week, the potential for cascading economic impacts across Southern California has emerged as a critical local issue. But economists disagree on just how extensively the simultaneous actors and writers strikes will be felt. Even by the most generous estimates, Hollywood has never supported more than about 5% of employment in a region where many more people work in trade, health care, government and even Southern California's diminished manufacturing sector. Yet Hollywood pervades Los Angeles life in ways as big as a movie backdrop or as small as a street detour on some awards night. For many, the ceased productions and darkened premieres are not just a threat to the flow of dollars to restaurants and retailers that cater to film crews, but also a blow to the region's cultural heart. «To the extent that Hollywood defines America's idea of where I live, Hollywood's troubles become my troubles,» said D.J. Waldie, a cultural historian in Southern California. «When Hollywood stops, a great many things stop here, and not just a few studios.»

national highways, bridges, residential areas in Himachal Pradesh and Uttarakhand on Friday. Situation continues to remain tensed as many parts of the state continues to receive rainfall on Saturday. Chamoli district of Uttarakhand received rainfall-triggered landslide, which resulted in the shut down of Badrinath National Highway in Uttarakhand.

India and the UK are working to iron out differences on issues like intellectual property rights (IPRs) and rules of origin under the free trade agreement being negotiated by the two countries, a top government official said on Friday. The 11th round of talks is underway in the UK for the agreement. Negotiations for the trade agreement started in January 2021.

Arvind Kejriwal on Friday said that the first jammed gate of the ITO Barrage has been opened. He informed the gate opening operation took nearly 20 hours after a diving team extracted the silt from under the water with a compressor. "After nearly 20 hours of non-stop toil, the first jammed gate of the ITO Barrage has been opened.

After breaking all records in past few days flowing at a historic 208.66 metres mark, Yamuna river has begun receding to its normal level at a steady pace. Yamuna water level was recorded at 207.98 metres at the Old Railway Bridge at 11 pm on Friday, the official data of Central Water Commission (CWC) show.  "Today at 8 PM, 57363 cusecs water was discharged from Hathni Kund Barrage. As per the latest forecast issued by Central Water Commission (CWC) on July 14 at 11:30 AM, the water level at Old Railway Bridge (ORB) is expected to be at 208.05 Metres on July 14 between 10:00 PM to 12:00 AM and thereafter, it is likely to decrease," according to an official statement.

Delhi close to it, the swollen Yamuna on Saturday morning followed a downward trend, albeit at a slow pace of a few centimetres per hour. However, it is still flowing over two metres above the danger mark of 205.33 metres. The situation could worsen if weather predictions of more rain in the capital and upper catchment areas come true. According to the Central Water Commission's flood-monitoring portal, the Yamuna water level declined to 207.62 metres by 7 am on Saturday from its peak of 208.66 metres at 8 pm on Thursday. With the flow rate from the Hathnikund Barrage in Haryana's Yamunanagar decreasing over the past two days, further decline is expected. The India Meteorological Department (IMD), however, anticipated moderate rain in the city over the next two days and «heavy to very heavy» rainfall over Uttarakhand, Himachal Pradesh, and Uttar Pradesh during the next five days, raising concern about a rise in the water level in the river. In the case of more rain in Delhi, experts said, stormwater may overflow and take longer than usual to drain out. Waterlogging could compound the situation further. Friday marked a turning point as the raging Yamuna and the resulting backflow of foul-smelling water from drains spilled into prominent locations such as the Supreme Court, Raj Ghat, and the bustling intersection at ITO.

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Yamuna began flowing back on Friday, according to the report by the Hindustan Times. Water in at alteast half a dozen drains back flowed, creating pools of muddy and stinking water. Yesterday the lieutenant governor’s office and the elected government led by Chief Minister Arvind Kejriwal clashed over Drain Number 12.

Also read: Discount on tomatoes: How to get tomatoes at cheaper prices in Delhi The situation is expected to worsen with the continuous rainfall in the coming 3-4 days. Major roads at ITO and other low-lying areas near Yamuna remained flooded late on Friday night. This created huge inconvenience for commuters.

Mumbai, Thane, Palghar, Raigarh, and others. It has predicted moderate to heavy rainfall for the next five days in Mumbai, Sindhudurg, Dhule, Ratnagiri, etc.  According to the notice issued by Regional Meteorological Centre, heavy rainfall is expected at isolated places in Mumbai for the next five days. Heavy to very heavy rainfall is also forecasted at isolated places in Raigad and Ratnagiri, ANI reported.  The weather office has also warned fishermen not to venture out in the sea for the next five days.

Companies such as Zomato, Swiggy and Zepto are providing monetary incentives to delivery personnel and associates. Those who brave the weather during the monsoons also get free raincoats and other rain gear. Most delivery personnel are already covered under medical and accidental insurance. Deliveries have increased in Delhi and the rest of the National Capital Region as most people avoid stepping out of their homes due to the rains, said executives at these companies. «Impact of the rains has led to a surge in orders with people resorting to a work-from-home setup in the region,» said Vikas Sharma, chief operating officer at grocery delivery platform Zepto. «We have seen the app's traffic increase by 10-15% in the last two weeks,» he said. Zepto riders in 10 cities including the NCR are neither shown the estimated time for deliveries nor are they penalised for any delay. "...we are also giving an additional incentive to delivery boys, called a 'rain fee'," Sharma said.

By Deborah Kyvrikosaios and Liliana Salgado

New Delhi: Union minister Jitendra Singh on Thursday said that after the remarkable success of India’s Covid vaccine, the upcoming Chandrayaan-3 mission will mark a quantum leap for India on the global stage. Speaking as the Chief Guest at the 11th India Alliance Annual Conclave 2023 in Hyderabad, Singh highlighted the increasing demand for India’s partnership in frontier sectors of science and technology by developed countries.

Airfare to Europe hit an all-time high this summer. But those dissuaded by the sticker shock can still travel overseas in coming months and cut costs by perhaps hundreds of dollars a ticket.

Mint has reviewed a copy of the letter termed a “government resolution." The notification marks the first in a series of approvals required for the slum redevelopment project to proceed. It comes following significant political upheaval in Maharashtra, where Nationalist Congress Party (NCP) leader Ajit Pawar has joined the state government, assuming the role of the state’s deputy chief minister and finance minister, after breaking ranks with his uncle Sharad Pawar. However, Adani may get the remaining approvals for the project in another month.

₹180 per kg, even touching ₹280 a kg for some varieties, up from ₹20–30 a kg on 24 June. In many other cities and states, including Tamil Nadu and Kerala, tomatoes now cost over ₹180 a kg. Due to floods and damage to crops in the plains of Himachal Pradesh, Haryana and Punjab, the regular supply of tomatoes to Delhi may remain disrupted for some time.