DISRUPTED

Microchip Technology says certain operations disrupted by cyber incident

After detecting "potentially suspicious activity" in its IT systems on Saturday, the chipmaker Microchip Technology began taking steps to assess and contain the issue, it said in a filing.

Uneven rainfall disrupts pulses, horticulture, and rice production

Rainfall during the ongoing southwest monsoon season covered up for the deficiency in the initial phase, reaching an excess of 7.3% as of August 19, according to data from the India Meteorological Department. While Jammu and Kashmir, Punjab, Himachal Pradesh, eastern Uttar Pradesh, Bihar and Gangetic West Bengal are facing rainfall deficiency of 28%, 35%, 21%, 12%, 23% and 20% respectively, parts of Maharashtra, Rajasthan, Karnataka, Andhra Pradesh saw more than normal rainfall.

Badlapur protest: 10 outstation trains diverted; services on Ambernath-Karjat route suspended

Local train services between Ambernath and Karjat stations were suspended after 10 am when hundreds of protesters, including several women, came onto railway tracks and blocked traffic. The protest turned violent as agitators vandalised the school, where the alleged incident occurred last week, and also indulged in stone-pelting at the Badlapur railway station, police said.

Delhi faces heavy rainfall: Traffic disruptions, waterlogging, and weather forecast

Delhi Rains: Heavy rainfall in Delhi-NCR on Tuesday brought much-needed relief from the heat but also caused widespread waterlogging and traffic disruptions. The India Meteorological Department (IMD) has forecasted light to moderate rainfall in the coming days, with an orange alert issued for parts of the city. Commuters faced significant challenges due to waterlogged streets and traffic diversions, with authorities urging residents to take alternate routes. This article provides detailed updates on the weather, traffic, and ongoing alerts in the region.

Businesses, rights defenders decry Pakistan internet slowdown

The Pakistan government has slowed down internet and social media networks to curb dissent, risking economic stability. Since July, connectivity issues have affected WhatsApp and other services. Activists and business leaders warned of significant economic losses. Legal actions, protests, and concerns about surveillance and loss of free speech have followed.

Oil falls 2% to end volatile week, focus on China demand concerns

Oil prices fell nearly 2%, with Brent crude below $80 a barrel, as investors adjusted expectations of demand growth from China. China's economic slowdown and reduced refinery crude processing contributed to lower demand forecasts. Market movements were further influenced by tensions in the Middle East and positive economic data from the U.S., awaiting Federal Reserve's next steps.

Don't fly kites near elevated metro lines for your safety: DMRC to Delhiites

The DMRC has issued a precautionary advisory against flying kites near elevated metro lines in residential areas to avoid entanglements with overhead equipment and pantographs. This warning aims to prevent potential damage and service disruptions. Kite flying should be done in open spaces away from metro lines for safety and uninterrupted services.

7-year-old boy drowns in waterlogged park in Delhi's Rohini

Heavy rainfall in Delhi and Gurugram has led to multiple incidents, including a tragic drowning of a seven-year-old boy in Rohini, a fire at a residential building in Fatehpur Beri, and severe waterlogging across both cities. Authorities are investigating the drowning and fire incidents, with measures underway to address the impact of the heavy rains.

US retailers rush holiday imports, fearing strikes and disruptions

Container imports and freight rates surged in July, signaling an earlier-than-usual peak season for the ocean shipping industry that handles about 80% of global trade.

Mention of heatwaves at all-time high in India’s earnings calls

India faced near-record temperatures this summer as a devastating heat wave gripped most parts of the country including its financial hub Mumbai and the capital city of New Delhi.

Oil prices tick up on sharp fall in US crude inventories

Oil prices increased for the third day following a significant reduction in U.S. crude inventories. Brent and WTI futures experienced mild gains. The unexpected fall in U.S. crude stockpiles and potential Middle East supply risks contributed to the upward trend. Additionally, Libya announced a production cut due to protests, adding to the market fluctuations.

DBS Bank CEO Piyush Gupta to step down in Mar 2025; Tan Su Shan to take over

DBS Group's CEO Piyush Gupta will step down in March 2025 after leading the bank since 2009. His successor, Tan Su Shan, has extensive experience in consumer banking, wealth management, and institutional banking. Under Gupta's tenure, DBS received significant recognition for its use of technology and was named the "World's Best Bank". Tan, who has worked in major financial hubs worldwide, is currently the deputy CEO and group head of institutional banking at DBS. Gupta's total compensation dropped last year due to service disruptions affecting the bank.

Guwahati underwater: Heavy rains disrupt daily life

Bridge collapse on Goa-Karnataka route may cause travel delays

A truck that was on the bridge at the time of the collapse fell into the river. The driver was later rescued by local fishermen, according to a police official from Karwar, Karnataka. The old bridge at Sadashivgad in Karnataka gave way around 1 a.m., the official added. The bridge was used for Goa-bound traffic after the construction of a new one a decade back, the official said.

Microsoft blames Delta for its struggle to recover from global cyber outage

Last week, Delta's CEO Ed Bastian told CNBC that while the airline heavily relies on Microsoft and CrowdStrike, both tech companies had failed to deliver an "exceptional service." In the interview, he also said that Microsoft had the "most fragile platform."

Bangladesh crisis poses "significant concerns" for India's textile, apparel industry: CITI

Bangladesh unrest: The Confederation of Indian Textile Industry has raised alarms about the political upheaval in Bangladesh, which could disrupt the supply chain and affect Indian textile companies operating there. Potential production delays and market shortages are anticipated, pushing businesses to explore alternative manufacturing hubs. The crisis may also impact global brands sourcing from Bangladesh.

Antarctica’s record heat wave: A threat to global sea levels and ice integrity

Researchers are concerned about a record heat wave in Antarctica because it may affect the continent's ice sheet and raise sea levels worldwide. Heat waves could become more frequent as a result of this unheard-before warmth and its potential to seriously harm the ecosystem.

CrowdStrike rejects Delta Air Lines claims over flight woes

CrowdStrike reiterated its apology to the airline operator, but said in a letter from an external lawyer that it is "highly disappointed by Delta's suggestion that CrowdStrike acted inappropriately and strongly rejects any allegation that it was grossly negligent or committed misconduct." Delta canceled more than 6,000 flights over a six-day period, impacting more than 500,000 passengers.

Maersk sees global trade disruptions lasting throughout 2024

Global transport disruptions from the Red Sea conflict are expected to persist, according to A.P. Moller-Maersk. The shipping company has revised its financial guidance upwards, driven by heightened freight rates as vessels avoid the Suez Canal.

Severe rainfall hits Delhi: At least 10 flights diverted, severe waterlogging reported

Heavy rainfall has led to severe disruptions in Delhi, including the diversion of at least 10 flights. The India Meteorological Department (IMD) has issued a red alert for the region, forecasting continued heavy rains until August 5. Traffic congestion and waterlogging are significant issues, with key areas like Parliament and Pant Marg experiencing severe impacts. The extended forecast predicts further heavy rains across Delhi and neighboring regions.

Delhi-NCR traffic comes to a halt as heavy rains cause widespread flooding

Heavy rainfall in Delhi and the National Capital Region (NCR) on Wednesday caused severe waterlogging, disrupting traffic and daily life. The India Meteorological Department has issued a red alert, predicting continued heavy rain until August 5. The downpour has affected transportation, including flight diversions and extensive water accumulation in key areas. Authorities are addressing waterlogging issues to minimize public inconvenience.

Delhi schools shut amid heavy rain: Red alert issued by Meteorological department

Heavy rainfall in Delhi on Wednesday evening caused widespread disruptions, including collapsed houses, flooded roads, and diverted flights. The Delhi government has announced school closures for Thursday due to the continuing severe weather. Areas such as Chandni Chowk and Rajinder Nagar experienced significant waterlogging, complicating transportation and emergency responses.

Microsoft-CrowdStrilke outage: Why were all computers not affected?

The recent Microsoft outage, which disrupted services worldwide including Microsoft 365, was primarily caused by a conflict between Microsoft's software and Cloudstrike's Falcon Sensor endpoint protection. This issue led to widespread disruptions in various sectors such as airlines, banking, media, and healthcare. However, not all systems were affected; only those using Cloudstrike’s Falcon Sensor experienced problems.