10 numbers tell the story of the catastrophic Kerala floods
Kerala, August 17: As India celebrated its 71st Independence Day on Aug. 15, the southern coastal state of Kerala was being ravaged by the worst floods in nearly 100 years.
Here are 10 numbers that show the intensity of the devastation in the state:
915% more rainfall
…than usual received by Kerala on Independence Day. Over the past seven days, the state has received 257% excess rainfall.
14 districts
…which is the entire state, are on red alert. All of Kerala’s 44 rivers are overflowing.
A drowning man being rescued on the outskirts of Kochi, Kerala, on Aug. 16, 2018.
256 dead
…since the rains began in May. This includes over 20 lives lost on Aug. 15 alone. The search for missing people is currently on.
1,65,000 people
…have been shifted to 1,155 relief camps. Five days ago, Kerala chief minister Pinarayi Vijayan said that the floods have destroyed 20,000 houses, a number which has been growing since then. Makeshift relief camps are also cropping up while victims await food, water, medicines, and electricity to charge their phones.
10,000 kilometres
…of roads are damaged, Vijayan has said. The sluice gates of 35 out of Kerala’s 39 dams have been opened. The state electricity board switched off 4,000 transformers to prevent electrocution.
The Athirampally falls in Thrissur district on Aug. 13. The region is on a high alert with schools and offices being closed due to the rising water levels of River Periyar after the gates of the Idukki reservoir were opened.
$1.19 billion
…or Rs 8,316 crore was the preliminary estimate of the state’s loss as on Aug. 12. The state is spending an additional Rs3,000 crore ($428 million) on immediate relief measures. Kerala sought Rs1,220 crore from Narendra Modi’s central government as immediate relief, but for now has been allotted only Rs100 crore ($14 million).
211 landslides
…were reported from across the state till last week.
30 teams
…from the National Disaster Relief Force, 24 from the Indian Navy, 13 columns of the Indian Army, and 10 teams of the Indian Coast Guardare engaged in search and rescue operations, along with other emergency responders. The Indian Air Force has airlifted 340 individuals, many of them from rooftops of flooded buildings.
Rescue workers evacuate people on the outskirts of Kochi on Aug. 16, 2018.
20 aircraft
…and over 50 boats have till now been deployed by the defence ministry for relief work.
82 tourists
…were stranded inside a bus in Munnar district in central Kerala. Hundreds of students are stranded at the Sree Sankarcharya University of Sanskrit in Ernakulam district.
Courtesy: qz.com
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Rupee falls 2 paise to close at 85.52 against US dollar
Mumbai (PTI): The rupee consolidated in a narrow range and settled for the day 2 paise lower at 85.52 (provisional) against the US dollar on Wednesday, as the support from positive domestic markets was negated by uncertainty over trade tariffs.
Forex traders said the Indian rupee ended the first trading session of the fiscal year 2025-26 on a flat note over Trump's reciprocal tariffs concerns and foreign fund outflows. A surge in crude oil prices also put pressure on the rupee.
However, positive domestic markets and a weak tone in the US dollar cushioned the downside, forex dealers said.
At the interbank foreign exchange, the rupee opened at 85.65 then touched an intra-day high of 85.50 and a low of 85.73 against the greenback. The unit ended the session at 85.52 (provisional) against the dollar, registering a loss of 2 paise from its previous closing level.
"We expect the rupee to trade with a positive bias on trade tariff uncertainty and worries over rising crude oil prices. However, foreign inflows and positive domestic markets may support rupee at lower levels," said Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan.
US President Donald Trump has repeatedly criticised the high tariffs charged by India and other countries on American goods.
He plans to roll out a set of reciprocal tariffs on April 2, which he says will be "Liberation Day" for the US.
On Friday, the rupee appreciated 24 paise to close at 85.50 against the US dollar.
This is the first trading session of the 2025-26 financial year. On April 1, the currency and bond markets were closed on Tuesday for the annual account closing of banks.
On March 31, stock, money, commodity and derivative markets remained closed on account of Eid-Ul-Fitr.
In the financial year 2024-25, the rupee depreciated more than 2 per cent. On April 2, 2024, it was quoted at 83.42 against the US dollar.
In March this year, the local unit appreciated 2.17 per cent, the maximum since November 2018 when the local unit had registered a gain of over 5 per cent.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.12 per cent lower at 104.13.
Brent crude, the global oil benchmark, fell 0.12 per cent to USD 74.40 per barrel in futures trade.
In the domestic equity market, the 30-share BSE Sensex rose 592.93 points, or 0.78 per cent, to close at 76,617.44, while the Nifty advanced 166.65 points, or 0.72 per cent, to settle at 23,332.35 points.
Foreign institutional investors (FIIs) turned sellers and offloaded equities worth Rs 5,901.63 crore on a net basis on Tuesday, according to exchange data.
Meanwhile, India's manufacturing sector growth rose to an eight-month high in March, driven by quicker increases in factory orders and production amid buoyant demand conditions, a monthly survey said on Wednesday.
The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index(PMI) was at 58.1 in March, up from 56.3 in February.
On Friday, the Reserve Bank of India said the country's forex reserves jumped USD 4.529 billion to USD 658.8 billion during the week ended March 21.
In the previous reporting week, the overall reserves had increased USD 305 million to USD 654.271 billion.
This is the third consecutive week of rise in the kitty, which has been on a declining trend recently due to revaluation, along with forex market interventions by the RBI to help reduce volatilities in the rupee.
