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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By maria gbaf

    Posted on November 15, 2021

    Featured image for article about Top Stories

    By Suchitra Mohanty and Swati Bhat

    NEW DELHI/MUMBAI (Reuters) -Schools in New Delhi will be closed for a week and construction sites for four days, the Indian capital’s chief minister said on Saturday, as the city tries to protect people in a worsening air pollution crisis.

    Arvind Kejriwal said talks on a potential complete lockdown in the capital were also underway, but any decision would only be taken after consultation with the central government.

    Earlier in the day, the chief justice of India asked the central government to come up with an emergency plan to tackle the dangerous smog, calling the situation “very serious”.

    Air quality in Delhi, often ranked the world’s most polluted capital, has declined due to crop stubble burning, emissions from transport, coal-fired plants outside the city and other industry, as well as open garbage burning and dust.

    The Air Quality Index (AQI) in and around city has worsened to 470-499 on a scale of 500, according to federal pollution control board data on Saturday. That level of pollution means the air will affect healthy people and seriously impact those with existing diseases.

    “For a week from Monday onwards, schools will be physically closed but will continue virtually so that children don’t have to breathe polluted air … construction activities not to be allowed,” Kejriwal said.

    He added all government offices would shift to work from home, while private offices would be advised to do the same for a week to reduce the number of polluting vehicles on the road.

    “We have been forced to wear masks at home also, the situation is very serious,” said chief justice of India N. V. Ramana, the top legal officer in the Supreme Court.

    The court was hearing a plea filed by a student over the worsening air quality.

    Ramana said the government should consider a two-day lockdown to protect citizens and inform the court on Monday about emergency steps to improve air quality.

    (Writing by Rupam Jain and Swati BhatEditing by Lincoln Feast and Mark Potter)

    By Suchitra Mohanty and Swati Bhat

    NEW DELHI/MUMBAI (Reuters) -Schools in New Delhi will be closed for a week and construction sites for four days, the Indian capital’s chief minister said on Saturday, as the city tries to protect people in a worsening air pollution crisis.

    Arvind Kejriwal said talks on a potential complete lockdown in the capital were also underway, but any decision would only be taken after consultation with the central government.

    Earlier in the day, the chief justice of India asked the central government to come up with an emergency plan to tackle the dangerous smog, calling the situation “very serious”.

    Air quality in Delhi, often ranked the world’s most polluted capital, has declined due to crop stubble burning, emissions from transport, coal-fired plants outside the city and other industry, as well as open garbage burning and dust.

    The Air Quality Index (AQI) in and around city has worsened to 470-499 on a scale of 500, according to federal pollution control board data on Saturday. That level of pollution means the air will affect healthy people and seriously impact those with existing diseases.

    “For a week from Monday onwards, schools will be physically closed but will continue virtually so that children don’t have to breathe polluted air … construction activities not to be allowed,” Kejriwal said.

    He added all government offices would shift to work from home, while private offices would be advised to do the same for a week to reduce the number of polluting vehicles on the road.

    “We have been forced to wear masks at home also, the situation is very serious,” said chief justice of India N. V. Ramana, the top legal officer in the Supreme Court.

    The court was hearing a plea filed by a student over the worsening air quality.

    Ramana said the government should consider a two-day lockdown to protect citizens and inform the court on Monday about emergency steps to improve air quality.

    (Writing by Rupam Jain and Swati BhatEditing by Lincoln Feast and Mark Potter)

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