Mumbai Rains: IMD Issues Red Alert
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MUMBAI, India (AP) — The monsoon season has brought parts of Mumbai, India’s financial and entertainment capital, to a halt. The disruption has hit local trains, a lifeline of the city’s transport system. Many areas are inundated with knee-deep water, forcing people to wade through the floods.
In just four days, Mumbai recorded 791 mm of rainfall, already overshooting the city’s August average of 566 mm.
A commuter train is stalled on a flooded railway track in Mumbai. Passengers get off and leave, frustrated by the disruption.
The schools in most districts will remain open on Thursday, August 21. There have been no official announcements for a holiday in Mumbai, Navi Mumbai, Pune, or Thane yet.
The Indian rupee is poised to open higher on Monday, supported by a likely rally in local equities after Prime Minister Narendra Modi’s sweeping tax reforms to boost growth, though persistent U.S.–India trade tensions should cap the advance.
As a local living in Mumbai, I see first-time visitors to the Indian city make the same mistakes about trains, street food, and the weather.
Heavy rains in India's financial capital Mumbai have disrupted the lives of millions of people, submerging roads and leading to flight and train cancellations. Many parts of the city remain inundated in waist-deep water,
India's markets regulator is looking for ways to increase the tenure and maturity of equity derivatives contracts, its chairman Tuhin Kanta Pandey said on Thursday.
The Mumbai Monorail failed by design as it was never meant to carry officegoers or heavy rush, experts said on Wednesday, calling for scrapping India’s only such transport mode and replacing it with a more viable option like bus lanes or a Metro.
Mumbai was experiencing severe weather conditions, with the India Meteorological Department (IMD) issuing a red alert due to heavy rainfall.