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Rain Crisis In Financial Capital Mumbai May Impact Markets: Report

Tuesday, July 2, 2019, 6:43 PM

Large parts of Mumbai, home to India's financial markets and the central bank, were inundated because of incessant monsoon rains over the past 24 hours, prompting the city administration to declare a holiday. Airlines in the Mumbai's airport were forced to delay, divert or cancel dozens of flights after a Boeing Co. 737 aircraft operated by SpiceJet Ltd.