Page 6 - Kerala Floods

Kerala floods make pepper, cardamom, tea costlier by up to 50%

Tea prices were up 30 per cent last week at auctions, says N Dharmaraj, chief executive at Harrisons Malayalam, one of the large plantation companies in South India

Kerala floods: Flight operations from Cochin airport to resume from Aug 29

Airport officials had said the runway, taxi bay, duty free shops and other areas of international and domestic terminals were submerged, causing damage to electrical equipment, including runway lights

UAE is not any other nation: Kerala CM on Centre's no to foreign aid

Since 2004, India has been turning down help from foreign governments during natural disasters

Kerala banks to reschedule loans, not to charge for new cheque books

The state Level Bankers Committee, Kerala, at its emergency meet on Tuesday also decided to announce a moratorium on education loan for a period of six months and all other loans for one year

NASA video shows how monsoon rainfall, floods spread in Kerala, Karnataka

Although the extreme Himalayan topography is much more well-known, another contributing factor to the heavy rains along the southwest coast of India is the Western Ghats

Disastrous management

The National Disaster Management Authority needs help

Udupi, Idukki record highest rainfall in 2018, serve future warning

Idukki, the epicentre of the flooding, recorded the highest rainfall in Kerala and second-highest rainfall (3,521 mm) of any Indian district over these 81 days

Kerala floods show the perils of spending more on handouts than on infra

Bold handouts may please the voters, but if the cost is measured in lives, it's time for a rethink

Centre may not accept aid from foreign countries for flood-hit Kerala

Interestingly, PM Modi had thanked his UAE counterpart Sheikh Mohammed bin Rashid Al Maktoum for offering flood relief support to Kerala on August 18

Federal Bank expects bad loans from Kerala to go up 20-30%, says MD & CEO

Credit from branches in significantly impacted areas stands at Rs 15 bn

Govt releases Rs 6 bn to flood-hit Kerala; waives duty on relief material

The central govt has also decided to waive off customs duty and IGST on the relief material being imported to aid the people in the flood-affected areas

Flood-hit Kerala seeks to borrow more than Rs 100 bn to fund reconstruction

Authorities are handing out medicines and disinfectants to ward off diseases as a huge clean-up gathers pace

India unlikely to accept any foreign donations for Kerala floods: Report

It is understood that the UN is also offering some assistance for Kerala

Kerala floods: Insurance firms expect claims of more than Rs 10 bn

Analysts say insurance companies will bear around 5 per cent of the total economic loss

Maruti Suzuki India, employees to donate Rs 35 mn for Kerala flood relief

Earlier in the day, Bajaj Auto also announced a contribution of Rs 20 million in aid of flood-hit Kerala

Kerala floods: Kochi airport suffers estimated loss of over Rs 2.2 billion

The CIAL management has launched rebuilding of the damaged infrastructure including 2.5 km long airport walls that collapsed after Periyar river overflowed

Kerala floods to hurt one in five BSE500 cos; Tyre firms may be hit hardest

Q2 earnings to bear the brunt of floods, though quantum of impact is early to judge, say analysts

Kerala floods: Insurers speed up claim settlements after Irdai's notice

Motor insurance is expected to generate largest claims for the companies whereas for crop insurance, the Agriculture Insurance Company (AIC) is expecting claims of about Rs 150-160 million

Kerala floods: Over 633,000 shifted to nearly 3,000 relief camps, says NDMA

There will be no heavy rains in the flood-hit Kerala for the next four days, says National Disaster Management Authority

Govt monitors Kerala airfares; joint aviation team inspects Kochi air base

The government also said that higher airfares highlighted in some social media posts were for hopping and very long-duration flights.