IMD issues orange alert for Bengaluru; Shivakumar says flooding resolved in 70 pc areas in city
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Bengaluru (PTI): India Meteorological Department (IMD) has issued an orange alert for Bengaluru and a yellow alert at various places across Karnataka on Tuesday.
An orange alert means very heavy rain of 11 cm to 20 cm, and a yellow alert means heavy rainfall between 6 cm and 11 cm.
IMD Bengaluru Centre Director N Puviarasu said they have issued an orange alert for Bengaluru for the impact 8 cm to 10 cm that will likely affect the big city.
"The amount of rainfall we are receiving is nothing for rural areas. But because cities like Bengaluru are concretised mostly, and thus blocking the outlets for water drainage, we have issued an orange alert so that authorities can prepare accordingly," he said.
According to the IMD statement, areas likely to be affected today are Bagalkot, Bangalore Urban, Bangalore Rural, Belgaum, Chikkaballapura, Dharwad, Gadag, Kolar, Koppal, Vijayanagara districts.
Meanwhile, Deputy Chief Minister D K Shivakumar said flooding issues have been resolved in 70 per cent of the identified areas in Bengaluru.
Shivakumar, who visited the affected areas in Bengaluru, including Sai Layout, Manyata Tech Park and Silk Board Junction, on Monday told reporters that they had identified 210 areas as flood prone in city.
"Ever since I took over as the Bengaluru Development Minister, we have fixed flooding issues in 166 (70 per cent) of those localities. Flood prevention work is currently going on in 24 areas while work would soon be taken up in the remaining 20 areas. We have built 197 km of storm water drains," he said.
Taking to his 'X' account, Shivakumar said rain is controlled by nature and they are trying to "control the controllables".
"We are rectifying flood-prone areas and are trying to help the common people. Quantum of rainfall has been very high in Silk Board junction, Hebbal and Yelahanka area. Underpass works are underway in a couple of places in these areas and they have been flooded. We will work with those departments to resolve these issues," he added.
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
