Tag: Cuts

  • Israel min cuts India visit short, to return after meeting PM

    Israel min cuts India visit short, to return after meeting PM

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    New Delhi: Within hours of his arrival in New Delhi for a three-day visit, Israel’s Foreign Minister Eli Cohen has cut short his visit to return home owing to certain security-related developments in that country.

    Official sources said that Cohen is expected to return later on Tuesday after meeting Prime Minister Narendra Modi.

    Cohen informed about his change of plans in a tweet.

    MS Education Academy

    Cohen had arrived earlier on Tuesday for a three-day day visit. His visit was being seen as preparing the groundwork for Israeli Prime Minister Benjamin Netanyahu’s scheduled visit to India later this year.

    “Foreign Minister Eli Cohen landed a short while ago in New Delhi, the capital of India, and as soon as he landed he received a security update,” the Israeli foreign ministry said in a statement.

    “In light of the events in Israel, Foreign Minister Cohen decided to cut short his diplomatic visit to India and return to Israel after the meeting with Indian Prime Minister Narendra Modi that will take place today,” it said further.

    According to reports from Tel Aviv, Israel has launched a major military offensive targetting some militants in Gaza Strip.

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    #Israel #min #cuts #India #visit #short #return #meeting

    ( With inputs from www.siasat.com )

  • Oxygen Dependent Man Dies As PDD Cuts Power, Say Locals

    Oxygen Dependent Man Dies As PDD Cuts Power, Say Locals

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    SRINAGAR: The residents of Mir Mohallah of Soura here have alleged that a local inhabitant, who was on oxygen concentrator support has lost his life after the Power Development Department (PDD) snapped electricity in the locality for opposing the installation of smart meters.

    Blaming PDD department for the death of a patient, the residents said that the deceased was on the oxygen concentrator support, which functions on electricity only, but due to the snapping of electricity for many days, the person has lost his life.

    “We demand justice as just for the reason of not installing the smart meters, the PDD has snapped the electricity in our area. There are so many people who are on oxygen support,” said a group of locals.

    The locals said that even to make the arrangement for the funeral, they need electricity, which has been snapped days ago.

    Meanwhile, a senior official from the PDD said that the electricity in the area has been snapped as the residents didn’t allow the installation of smart meters, adding that the concerned Tehsildar and SHO are also aware about it.

    “My sympathies are with the family, if there was any such medical emergency, there should have been necessary alternatives or arrangements made. Yes, the electricity is snapped in the area as the people did not allow the installation of smart meters,” he said.

    The official said that even today they had sent a team to the area for the installation of smart meters but were again stopped by locals of the area. (KNO)

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    #Oxygen #Dependent #Man #Dies #PDD #Cuts #Power #Locals

    ( With inputs from : kashmirlife.net )

  • Big Relief: Mother Dairy Cuts MRP Of Dhara Cooking Oils- Check News Rates Here – Kashmir News

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    Mother Dairy has cut maximum retail prices (MRP) of its edible oils, sold under Dhara brand, by Rs 15-20 per litre with immediate effect in line with the reduction in global prices.

    The stock with revised MRP is expected to hit the market next week.

    The reduction comes following the food ministry’s direction to edible oil industry body SEA regarding the need for downward revision of the MRP of cooking oils.

    “The MRP of Dhara edible oils are being reduced by Rs 15-20 per litre across variants with immediate effect. This reduction is largely being done in variants such as soyabean oil, ricebran oil, sunflower oil and groundnut oil, on account of reduced impact of international markets and ease in availability of domestic crop,” Mother Dairy spokesperson said.

    The MRP of Dhara refined soyabean oil (1 litre poly pack) has been reduced to Rs 150 from Rs 170, while the MRP of Dhara refined rice bran oil will now be Rs 170 per litre as against Rs 190 per litre earlier.

    The company has revised the MRP of Dhara refined sunflower oil to Rs 160 from Rs 175 per litre.

    The MRP of Dhara groundnut oil has been cut to Rs 240 from Rs 255 per litre.

    Edible oil industry body Solvent Extractors’ Association of India (SEA) had advised its members to reduce MRP in line with the falling prices of edible oils.

    It has sought the details of reduction in MRP during the last three months so that the same could be informed to the food ministry.

    Mother Dairy manufactures, markets and sells milk and milk products, including cultured products, ice cream, paneer and ghee under the ‘Mother Dairy’ brand.

    The company sells edible oils under the ‘Dhara’ brand and fresh fruits & vegetables, frozen vegetables & snacks, unpolished pulses, pulps & concentrates, etc., under the ‘Safal’ brand.

    In Delhi-NCR, it has hundreds of milk booths as well as Safal retail outlets.

    “The Department of Food and Public Distribution regularly review the price of edible oil in country. International prices has been sharply reduced in the last 6 months and particularly in last 60 days, however local prices, in spite of bumper crops of groundnut, soyabean and mustard, not declined in line with the International market,” SEA had said.

    “While most of the brands have reduced prices in the past but still the prevailing MRP of the packed edible oil in the market is not in line with the current prices as in international market, i.e. the prices of edible oil (MRP) in domestic market seems to be on higher side considering the prevailing market scenario,” the association said.

    The department had advised SEA to inform members to reduce MRP on edible oils and pass on the benefits to consumer.(PTI)


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    #Big #Relief #Mother #Dairy #Cuts #MRP #Dhara #Cooking #Oils #Check #News #Rates #Kashmir #News

    ( With inputs from : kashmirnews.in )

  • Biden admin sidesteps painful decisions for Colorado River cuts

    Biden admin sidesteps painful decisions for Colorado River cuts

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    In an interview, Deputy Interior Secretary Tommy Beaudreau told POLITICO that the department’s current approach is aimed not just at equipping the department to act unilaterally if needed, but also providing “markers” to states as they negotiate.

    “I really do think there is unity in the basin to continue and strive for a consensus approach to maintaining the system,” he said.

    During an event overlooking the Hoover Dam Tuesday where Interior announced the move, state negotiators expressed a renewed commitment to those talks, with a California representative saying that “ideally” a seven-state deal could be reached within a month and a half.

    Tom Buschatzke, Arizona’s lead negotiator, noted that some of the options at Interior’s disposal could lead to litigation, which could freeze negotiations and tie water managers’ hands at a time of crisis.

    “Instead, let us accelerate our discussions in the basin for a collaborative, consensus-based outcome,” he said.

    The Colorado River is in the midst of a 23-year drought that has shriveled flows by 20 percent, and hotter, drier conditions fueled by climate change are expected reduce supplies even more in the coming years as the planet continues to warm. But thirsty farms and cities in California and Arizona have continued using water at rates far greater than the volumes flowing in the river, draining the two main reservoirs at Lake Mead and Lake Powell to the point that they are now about only about a quarter full. While a strong snowpack this winter has forestalled the crisis for now, Beaudreau argued that the federal government needs to be prepared to act if dry conditions push the system to the brink of crisis again in the next few years.

    Last fall, federal projections showed that water levels at Glen Canyon Dam, just upstream of Grand Canyon National Park, could fall so low by the end of this year that it would halt hydropower production that is central to the stability of the Western grid and threaten the ability to make downstream water deliveries to Nevada, Arizona and California.

    The Biden administration at the time called for the states to craft a plan to cut consumption by as much as a third of the river’s flows, and it launched an environmental review process to shore up its legal authorities to act unilaterally if the states remained at loggerheads. The Interior Department’s new draft version of the environmental analysis released Tuesday laid out a series of options it could take for heading off a crisis.

    But rather than provide a clear roadmap of what Interior would do if it must step in, the department instead analyzed variations of the two competing proposals put forth by the states, as well as a scenario in which no reductions are made and reservoir levels fall precipitously.

    One of the action options, similar to the approach backed by California, would have Interior impose water cuts using the century-old legal framework that governs the river, which cuts off newer water users entirely before senior users — mostly farmers and ranchers — see any reductions.

    Another option hews to the spirit of a proposal backed by Arizona and the five other states that share the river, spreading the cuts more equitably across all water users. But, whereas the states’ proposal had done so by taxing users for water that evaporates from reservoirs and leaks from canals, Interior’s proposal would do so using legal authorities it has for protecting human health and safety, ensuring water is being put to “beneficial use” and acting in an emergency.

    John Fleck, a Colorado River expert at the University of New Mexico, said that by avoiding picking sides, Interior’s approach could give it leverage over both sides in negotiations.

    “It leaves space for productive negotiations, and now that we have a good snowpack, we have some room for the possibility of those productive negotiations to happen,” he said.

    But Interior officials also made clear they are prepared to step in if necessary.

    “It is our hope and our fervent desire that the tools laid out in the supplemental [environmental impact statement] never have to be used,” Beaudreau said, citing optimism for the negotiations. “At the end of the day, though, it’s the Secretary’s responsibility to keep this system operating and continue providing services. And we’re going to protect those minimum critical levels at both Powell and Mead in order to accomplish that.”

    The current process is part of a short-term effort to avoid a crisis on the river in the next few years, while the states begin negotiating a longer-term set of rules to govern the river that must be in place by 2026.

    The Biden administration is also seeking to win as many voluntary reductions as possible using new funding from the bipartisan infrastructure law and Inflation Reduction Act. Last week, Interior officials blitzed the region, announcing hundreds of millions of dollars’ worth of investments in conservation deals and infrastructure upgrades.

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    #Biden #admin #sidesteps #painful #decisions #Colorado #River #cuts
    ( With inputs from : www.politico.com )

  • Adams administration, facing new costs, mandates more budget cuts

    Adams administration, facing new costs, mandates more budget cuts

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    gettyimages 1238609944

    “We face these new needs and threats at a time when the city’s tax revenue growth is slowing, and many economists fear that stress in the banking sector increases the odds of an economic recession,” Jiha wrote. “Therefore, we must act now. We have less than a month to identify the resources needed to reduce the strain on our budget, decrease out-year gaps, and avoid disruption to programs and services that keep our city clean, safe, and healthy.”

    Jiha was referring to the city’s executive budget proposal, the next step in the iterative process of passing a spending plan, which is typically released in late April.

    “Savings initiatives must be submitted to [the Office of Management and Budget] by April 14; they cannot include layoffs and should avoid meaningfully impacting services where possible,” Jiha wrote. “OMB will identify savings opportunities for your respective agency if the PEG targets are not met.”

    While most agencies will be required to make the cuts for the upcoming fiscal year and several thereafter, the Department of Education and the City University of New York will need to meet a lower savings target of 3 percent.

    The announcement comes just a day after the City Council unveiled a budget proposal of its own.

    Responding to the initial blueprint unveiled by the mayor in February, Council Speaker Adrienne Adams argued Monday that the city will have more revenue than it had initially predicted — so much, in fact, that the city could afford to fund more than $1 billion worth of new priorities.

    The administration does not appear to agree.

    “Mayor Adams has repeatedly said that we cannot sugarcoat the reality of the fiscal and economic challenges we are facing,” mayoral spokesperson Jonah Allon said in a statement.

    “While we continue to have positive conversations with our partners in Albany, we face a perfect storm of factors — including near historic levels of spending as a result of billions of dollars in costs related to asylum seekers and the need to fund labor deals that are years overdue. At the same time, we are facing a slowdown in city tax revenue growth and what is predicted by financial experts to be a weakening of the nation’s economy. Ignoring these realities would be irresponsible and would cost New Yorkers more in the end.”

    The mayor most recently ordered a savings initiative in September that focused on wiping thousands of vacant positions off the city’s books. The latest move Tuesday drew praise from the Citizens Budget Commission, which has been sounding the alarm on several hidden costs in the spending plan.

    “Yes, revenues may be higher than OMB projects, and the Council is right that the City has in-year reserves that can be used,” said the commission’s president, Andrew Rein, in a statement. “But still, the reported budget gaps, collective bargaining costs, city and state fiscal cliffs and under-budgeted programs dwarf estimates of higher revenues.”

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    ( With inputs from : www.politico.com )

  • Saudis, other oil giants announce surprise production cuts

    Saudis, other oil giants announce surprise production cuts

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    saudi arabia oil 29809

    The production cuts alone could push U.S. gasoline prices up by roughly 26 cents per gallon, in addition to the usual increase that comes when refineries change the gasoline blend during the summer driving season, said Kevin Book, managing director of Clearview Energy Partners LLC. The Energy Department calculates the seasonal increase at an average of 32 cents per gallon, Book said.

    So with an average U.S. price now at roughly $3.50 per gallon of regular, according to AAA, that could mean gasoline over $4 per gallon during the summer.

    However, Book said there are a number of complex variables in oil and gas prices. The size of each country’s production cut depends on the baseline production number it is using, so the cut might not be 1.15 million. It also could take much of the year for the cuts to take effect. Demand could fall if the U.S. enters a recession caused by the banking crisis. But it also could increase during the summer as more people travel.

    Even though the production cut is only about 1% of the roughly 100 million barrels of oil the world uses per day, the impact on prices could be big, Book said.

    “It’s a big deal because of the way oil prices work,” he said. “You are in a market that is relatively balanced. You take a small amount away, depending on what demand does, you could have a very significant price response.”

    Saudi Arabia announced the biggest cut among OPEC members at 500,000 barrels per day. The cuts are in addition to a reduction announced last October that infuriated the Biden administration.

    The Saudi Energy Ministry described the move as a “precautionary measure” aimed at stabilizing the oil market. The cuts represent less than 5% of Saudi Arabia’s average production of 11.5 million barrels per day in 2022.

    Iraq said it would reduce production by 211,000 barrels per day, the United Arab Emirates by 144,000, Kuwait by 128,000, Kazakhstan by 78,000, Algeria by 48,000 and Oman by 40,000. The announcements were carried by each country’s state media.

    Russia’s Deputy Prime Minister Alexander Novak meanwhile said Moscow would extend a voluntary cut of 500,000 until the end of the year, according to remarks carried by the state news agency Tass. Russia had announced the unilateral reduction in February after Western countries imposed price caps.

    All are members of the so-called OPEC+ group of oil exporting countries, which includes the original Organization of the Petroleum Exporting Countries as well as Russia and other major producers. There was no immediate statement from OPEC itself.

    The cuts announced in October — of some 2 million barrels a day — had come on the eve of U.S. midterm elections in which soaring prices were a major issue. President Joe Biden vowed at the time that there would be “consequences” and Democratic lawmakers called for freezing cooperation with the Saudis.

    Both the U.S. and Saudi Arabia denied any political motives in the dispute.

    Since those cuts, oil prices have trended down. Brent crude, a global benchmark, was trading around $80 a barrel at the end of last week, down from around $95 in early October, when the earlier cuts were agreed.

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    ( With inputs from : www.politico.com )

  • Unacademy lays off 12 pc of workforce in its latest round of job cuts

    Unacademy lays off 12 pc of workforce in its latest round of job cuts

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    New Delhi: Edtech major Unacademy has laid off 12 per cent of its workforce or over 350 employees in its latest round of job cuts.

    Gaurav Munjal, co-founder and CEO of Unacademy, announced the latest layoffs in a Slack message to employees, reports TechCrunch.

    “We have taken every step in the right decision to make our core business profitable, yet it’s not enough. We have to go further, we have to go deeper,” Munjal was quoted as saying.

    “Today’s reality is a contrast from two years ago where we saw unprecedented growth because of accelerated adoption of online learning. Today, the global economy is enduring a recession, funding is scare and running a profitable business is key. We have to adapt to these changes, build and operate in a much leaner manner so we can truly create value for our users and shareholders,” he added.

    Moreover, in a message to employees, Munjal stated that he takes “complete responsibility for the way things have turned out”.

    In November last year, Unacademy laid off 10 per cent of its workforce or nearly 350 employees, as funding winter deepens for the Indian startup ecosystem.

    Earlier this year, Unacademy-run Relevel laid off 40 employees, or 20 per cent of its workforce, as it shifts its focus from the education business to “tests product” and a new app called NextLevel.

    Meanwhile, another edtech major BYJU’s has laid off further 15 per cent of its employees from its engineering teams, as the company continues phased layoffs to remain growth-oriented in a global economic meltdown.

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    ( With inputs from www.siasat.com )

  • Power Cuts Due To Load Shedding At Peak Hours In Ramadan: KPDCL

    Power Cuts Due To Load Shedding At Peak Hours In Ramadan: KPDCL

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    SRINAGAR: Amid complaints of pesky power cuts during Sehri and Iftaar time from various parts of Kashmir, Kashmir Power Development Corporation Ltd (KPDCL) Monday said that the department was supplying record electricity during the fasting month and the cuts were the result of huge load shedding at peak hours.

    Pertinently, the government had promised adequate electricity this Ramadan and issued directions to the department. However, consumers from different parts of the Valley continued to complain of erratic power supply during Sehri and Iftaar times.

    The people from Srinagar and other districts of Kashmir said that the Kashmir Power Distribution Corporation Limited (KPDCL) has failed to bring respite from the unscheduled power cuts to the people during the holy month of Ramadan.

    The people are being pushed to the wall, especially at the peak times, Sehri and Iftaari, they said.

    However, the locals rue the absence of the facility, saying that the people are being forced to reel under darkness at Sehri and Iftaar times.

    The locals from Prang, Kangan, Akhal, Chattergul, Kachnabal, Najwan, Wayil, Prang, Barwalla Nunner and Main Town Ganderbal said they are getting electricity for merely 5 to 6 hours in a day.

    Besides Srinagar, South Kashmir areas Pulwama, Shopian, Anantnag, Awantipora, Tral, Keller, Zainapora, Harmain, Pampore, Kakapora, Rajpora, Litter, Dooru, Pahalgam, Ashmuqam, Kokernag, Verinag, Bijbehara, Mattan, Seer and north Kashmir areas including Sopore, Baramulla, Lalpora, Tangmarg, Bandipora and many areas of district also witness the unscheduled power cuts at present.

    Meanwhile, the consumers demanded the government to look into the matter and ensure that the adequate electricity is supplied to them especially during Sehri and Iftaar times.

    Kashmir Power Distribution Corporation Limited (KPDCL) Chief Engineer, Javaid Yousuf Dar, however, said that the department has supplied the highest ever electricity to the consumers on the first day of Ramadan at 1893 MWs.

    “The demand usually remains high during the peak hours and we have been supplying best to our consumers. 1850 MWs are being supplied on a regular basis during the peak hours, but as the demand remains high, the curtailments have to be done,” he said.

    He added that less curtailment is being ensured to supply better electricity to people. He, however, said that since people use electricity one time that is during Sehri by switching on all appliances, huge load shedding is witnessed in some areas which leads to power cuts. “The situation will improve by Eid,” he said. (KNO)

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    #Power #Cuts #Due #Load #Shedding #Peak #Hours #Ramadan #KPDCL

    ( With inputs from : kashmirlife.net )

  • Amid complaints of pesky power cuts at Sehri, Iftaar; KPDCL says supplying record electricity at peak hours

    Amid complaints of pesky power cuts at Sehri, Iftaar; KPDCL says supplying record electricity at peak hours

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    Srinagar, Mar 27: Amid complaints of pesky power cuts during Sehri and Iftaar time from various parts of Kashmir, Kashmir Power Development Corporation Ltd (KPDCL) Monday said that the department was supplying record electricity during the fasting month and the cuts were the result of huge load shedding at peak hours.

    Pertinently, the government had promised adequate electricity this Ramadan and issued directions to the department. However, consumers from different parts of the Valley continued to complain of erratic power supply during Sehri and Iftari times.

    As per the news agency—Kashmir News Observer (KNO), the locals from Srinagar and other districts of Kashmir said that the Kashmir Power Distribution Corporation Limited (KPDCL) has failed to bring respite from the unscheduled power cuts to the people during the holy month of Ramadan.

    The people are being pushed to the wall, especially at the peak times, Sehri and Iftaari, they said.

    However, the locals rue the absence of the facility, saying that the people are being forced to reel under darkness at Sehri and Iftaar times.

    The locals from Prang, Kangan, Akhal, Chattergul, Kachnabal, Najwan, Wayil, Prang, Barwalla Nunner and Main Town Ganderbal said they are getting electricity for merely 5 to 6 hours in a day, thus leaving the consumers here to lurch at large, adding that the concerned department, however, is acting as mute spectator.

    Manzoor Ahmad, a resident of Ganderbal, said that despite paying hefty electricity bills, the department has failed to ensure adequate electricity to them, adding that the locals are being pushed to the wall by forcing them to reel under darkness.

    Besides Srinagar, South Kashmir areas Pulwama, Shopian, Anantnag, Awantipora, Tral, Keller, Zainapora, Harmain, Pampore, Kakapora, Rajpora, Litter, Dooru, Pahalgam, Ashmuqam, Kokernag, Verinag, Bijbehara, Mattan, Seer and north Kashmir areas including Sopore, Baramulla, Lalpora, Tangmarg, Bandipora and many areas of district also witness the unscheduled power cuts at present.

    Meanwhile, the consumers demanded the government to look into the matter and ensure that the adequate electricity is supplied to them especially during Sehri and Iftaar times.

    Kashmir Power Distribution Corporation Limited (KPDCL) Chief Engineer, Javaid Yousuf Dar, however, told KNO that the department has supplied the highest ever electricity to the consumers on the first day of Ramadan at 1893 MWs.

    “The demand usually remains high during the peak hours and we have been supplying best to our consumers. 1850 MWs are being supplied on a regular basis during the peak hours, but as the demand remains high, the curtailments have to be done,” he said.

    He added that less curtailment is being ensured to supply better electricity to people. He, however, said that since people use electricity one time i.e. during Sehri by switching on all appliances, huge load shedding is witnessed in some areas which leads to power cuts. “The situation will improve by Eid,” he said.

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    #complaints #pesky #power #cuts #Sehri #Iftaar #KPDCL #supplying #record #electricity #peak #hours

    ( With inputs from : roshankashmir.net )

  • Mumbai’s main water pipelines burst, half the city to suffer water cuts

    Mumbai’s main water pipelines burst, half the city to suffer water cuts

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    Mumbai: A major water main pipeline was damaged and burst during the construction of a water culvert near the Mulund Octroi Checkpost in Mumbai on Monday afternoon, the BMC Disaster Control said.

    The 2,345 mm Mumbai-2 mainline, which supplies water from the Pise-Panjrapur Treatment Plant Complex, was damaged during the ongoing work carried out by the Maharashtra State Road Transport Corporation (MSRDC) at Hariom Nagar.

    Eyewitnesses said that a massive water jet was seen shooting at least 20 metres upwards and lakhs of litres of the precious drinking water flowing from there into the gutters, flooding some of the low-lying areas around.

    Moving swiftly, the BMC engineers have shut off the water on the affected main pipeline and initiated the repair works.

    Consequently, the BMC will impose a 15 percent water cut in almost half of the city, comprising most parts of south Mumbai and the eastern suburbs for 48 hours starting from 10 p.m. on March 27 till 10 p.m. on March 29.

    The areas that will be hit are the BMC’s Wards T (Mulund east-west), S (Bhandup, Nahur, Kanjurmarg and Vikhroli east), N (Vikhroli west, Ghatkopar east-west, L (Kurla east), M East/West – Entire region, in the eastern suburbs.

    In south Mumbai, entire A, B, E, F-North and F-South, shall experience the 15 per cent water cut including the posh residential, business, trading, commercial hubs and important administration offices of the state and Central government located in different areas.

    The BMC Disaster Control has appealed to all people to use water sparingly for the next couple of days and cooperate with the civic authorities.

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    #Mumbais #main #water #pipelines #burst #city #suffer #water #cuts

    ( With inputs from www.siasat.com )