Risk-on trade takes a breather
In the previous column titled “Back to Basics”, I had...
The tremors, measuring 4.9 on the Richter scale with Haryana’s Bahadurgarh in north India as the epicentre, were felt across Delhi and its adjoining satellite towns of Ghaziabad and Noida in Uttar Pradesh at a 1:11pm, the meteorological office said
New Delhi: An earthquake of medium intensity jolted the national capital of Delhi and its satellite towns this afternoon, pulling panic-stricken people out of their homes and offices, reports PTI.
The tremors, measuring 4.9 on the Richter scale with Haryana’s Bahadurgarh in north India as the epicentre, were felt across Delhi and its adjoining satellite towns of Ghaziabad and Noida in Uttar Pradesh at a 1:11pm, the meteorological (MeT) office said.
The quake took place 9 km below the surface. The tremors were felt for less than ten seconds.
“The intensity was 4.9 and the epicentre was Bahadurgarh, Delhi-Haryana Border,” a senior MeT official said.
There were no immediate reports of any casualty.
The fire brigade and police said they have not received any immediate calls of casualty or damage.
According to the Seismic Zone Mapping done by the Geological Survey of India (GSI), Delhi is among 30 cities in the country falling in zone IV, which is defined as a severe intensity seismic zone.
This is the third tremor in Delhi, which is among the 30 cities which fall in the high risk seismic zone, since September last year.
Tremors were felt in the capital on 18th September last year following an earthquake with an intensity of 6.8 on the Richter scale having its epicentre near Sikkim-Nepal border.
On 8th September last year, an earthquake of 4.2 on Richter scale with Haryana’s Sonepat as epicentre had rocked the Indian capital.
The Directorate General of Foreign Trade (DGFT), in a notification, said “Export of cotton has been prohibited till further orders.” Exports against registration certificates already issued will not be allowed either, it added
New Delhi: The government today banned exports of cotton to increase supply of the natural fibre in the domestic market, reports PTI.
“Export of cotton has been prohibited till further orders,” the Directorate General of Foreign Trade (DGFT) said in a notification.
Exports against registration certificates already issued will not be allowed either, it said.
India has already exported about 85 lakh bales (170 kg each) of cotton in the current marketing year (October- September). It had shipped 66 lakh bales overseas in the 2010-11 marketing year.
The Cotton Advisory Board has projected 355 lakh bales of cotton production in the 2011-12 season.
In August, the government had removed restrictions on the export of the natural fibre and permitted shipments under OGL till September 2011.