-PTI/ The Hindu Despite the legal deterrent in place, people in many parts of the city started bursting crackers by dusk A large number of high-decibel firecrackers thundered throughout Deepavali night on Monday as people in Delhi flouted the ban imposed on these by the city government. Delhi Environment Minister Gopal Rai last week said bursting firecrackers in the national capital on Deepavali will attract a jail term of up to six months...
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Delhi's air quality inches closer to ‘very poor' category on Diwali morning -Manjiri Chitre
-Hindustan Times Earlier, the System of Air Quality and Weather Forecasting And Research (SAFAR) had predicted that the air quality may deteriorate to "very poor" on Monday morning. Delhi's air quality on Monday inched towards the "very poor" category on Diwali morning with the air quality index (AQI) at 298 at 6 am. According to data, 19 out of the 35 monitoring stations in the city recorded air quality in the "very...
More »When does RBI step in to monitor a bank? -Prashanth Perumal J
-The Hindu Why has the Reserve Bank of India increased its oversight on Dhanlaxmi Bank? What are the reasons for the Thrissur-based private bank’s assets to be under stress? According to Basel-III norms, what is the capital to risk ratio a bank is required to maintain? What lies ahead? The story so far: The Reserve Bank of India (RBI) has placed Dhanlaxmi Bank under tight monitoring with the Thrissur-based private bank’s financial...
More »Southwest monsoon exits from country: IMD
-PTI/The Hindu Rains continued to linger on beyond September 30, which marks the end of the southwest monsoon season. The southwest monsoon withdrew from the entire country on Sunday, a week later than normal, the weather office said. India witnessed a normal monsoon season for the fourth consecutive year with 925 mm rainfall which was 106% of the long-period average (LPA) of 880 mm. "The Southwest Monsoon has withdrawn from the remaining parts of...
More »A crisis is brewing in the coffee industry -Mini Tejaswi
-The Hindu Coffee cultivation is becoming an increasingly loss-making proposition in India. Already weighed down by the high cost of inputs and production as well as labour shortage, the industry is now also affected by changes in climate patterns, reports Mini Tejaswi from Karnataka’s coffee heartland Bose Mandanna was devastated when torrential rains in September thrashed the coffee plants in his plantation and left tender berries and leaves strewn everywhere. The plants...
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