Persistent heavy rainfall in Himachal Pradesh's capital, Shimla, on Wednesday triggered a landslide and uprooted trees near the official residence of Chief Minister Sukhvinder Singh Sukhu, prompting authorities to vacate a nearby house and shift residents to safer locations.
The water level of the Yamuna River in Delhi crossed the danger level mark on Wednesday morning. The warning mark for the city is 204.5 metres, while the danger mark is 205.33 metres. Evacuation of people starts at 206 metres.
Following incessant rain in Delhi, residents of many parts of the city have shifted to safer locations due to a rise in the water level of the Yamuna River.
At lower income levels, households tend to favour physical assets, viewing them as safer stores of value. As incomes grow and financial systems mature, there is a gradual diversification into financial assets, which generally offer greater liquidity and, in some cases, higher returns.
In Chamoli, authorities have warned that rivers have reached critical levels and urged residents near riverbanks to relocate to safer areas immediately.
Maharashtra CM Devendra Fadnavis is closely monitoring floods in Nanded district after excessive rainfall across 69 revenue circles. Approximately 1,500 residents are trapped, while more than 5,000 people have been relocated to safer places amid rising river levels.
Taking note of the situation, Minister Anil Vij personally inspected the surrounding areas and issued necessary directions to the district administration.
Chamoli and Rudraprayag Police warned residents as continuous heavy rainfall caused dangerous rises in river levels, urging all living along riverbanks to immediately relocate to safer areas and avoid river vicinities for their safety.
In the first phase, the program will be rolled out in 100 districts across the country, including 28 in Uttar Pradesh, with district authorities tasked with ensuring youth engagement and submitting regular progress reports. A concept note and roadmap have already been shared with states and
Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Thursday underlined the urgent need for innovation in capital markets that not only widens opportunities but also reduces compliance costs, making the system safer and more accessible for both issuers and investo