The Sensex index erased almost half of the surge sparked by the corporate tax cut as debt concerns emerge at lenders, including Indiabulls Housing Finance Ltd. and PMC Bank.
If extremely heavy rainfall can cause such damage without a rare event like a cloudburst, it should leave the system working toward India’s disaster preparedness thinking.
One such website has drawn particular scrutiny for spreading fake stories that have upset not only the Indian but also foreign defence firms by falsely attributing misinformation.
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