Leisure, Lifestyle & Wellness
Heavy rains disrupt rail, road traffic in Mumbai

Till 8 am today, Colaba (south Mumbai) recorded 69.65 mm rainfall, while the eastern suburb recorded 109.38 mm and western suburb recorded 159.34 mm rainfall

Heavy and incessant rains have thrown normal life out of gear in Mumbai as rail and road traffic was disrupted inconveniencing lakhs of office-goers.

 

Traffic snarls were reported on the busy Eastern Expressway while water-logging was reported in Bhoiwada, Mahim and Matunga areas, BMC sources said.

 

Till 8 am today, Colaba (south Mumbai) recorded 69.65 mm rainfall, while the eastern suburb recorded 109.38 mm and western suburb recorded 159.34 mm rainfall.

 

Suburban trains on the Central and Harbour Line were running at least 30-40 minutes late since morning due to water-logging on tracks in some places. Also, some trains were shifted from fast to slow tracks, due to inundation.

 

However, train services on the Western line were said to be on schedule.

 

Flights from Mumbai were also delayed by half-an-hour due to low visibility.

 

The Met department has said intermittent rains would continue throughout the day today.

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Indian rupee hits new all-time low of 57.54 per dollar

The rupee has been falling for five straight weeks, taking its losses since the start of May to 5.71%, to make it among the worst performing currencies in Asia during this period

The rupee breached its all-time low of 57.32 against dollar in early trade today. It traded at 57.52 against Friday's close of 57.06/07 as of 09.28 am. The Indian currency had earlier hit a low of 57.54 against the greenback.

 

The rupee has been falling sharply since the start of May on concerns that the US Federal Reserve may withdraw its monetary stimulus and the Reserve Bank of India (RBI) may not reduce key rates as much as previously anticipated.

 

The rupee has been falling for five straight weeks, taking its losses since the start of May to 5.71%, to make it among the worst performing currencies in Asia during this period.

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