Klarna said on Tuesday it will sell up to $6.5 billion of loans to funds managed by Elliott Investment Management over a two-year period, as part of efforts to expand its buy-now-pay-later business in the U.S.The agreement allows the Swedish fintech to sell a portion of its existing Fair Financing
Normal to below-normal maximum temperatures expected during November: IMD
Most parts of India are expected to have normal to below-normal maximum temperatures during November, the India Meteorological Department said on Friday.
The northeastern areas, some parts of northwest, the southern peninsula and the foothills of the Himalayas are expected to have above-normal maximum temperatures, the weather agency said.
The minimum temperatures are expected to be above normal in most parts of the country, according to the weather agency. The minimum temperature in some areas of northwestern India will be normal to below-normal.
The rainfall in most parts of the country will be normal to above-normal in November. In some areas in northwestern India and south peninsular India, the rainfall is expected to be below-normal.
The rainfall in Tamil Nadu, Puducherry, coastal Andhra Pradesh, the Rayalaseema region, Kerala and the southern interiors of Karnataka is expected to be normal.
The southwest monsoon withdrew from the entire country on October 16, a day later than its usual retreats.
Between June and September, the country recorded 937.2 mm of rainfall, a surplus of 8% as compared to the normal of 868.6 mm.
However, the distribution was uneven across regions. The eastern and northeastern parts of the country recorded 1,089.9 mm of rainfall, which was 20% below normal.
This year, the monsoon reached Kerala on May 24, its earliest onset over the Indian mainland since 2009, when it arrived on May 23.
It covered the entire country nine days before the usual date of July 8. This was the earliest the monsoon has covered the entire country since 2020 when it did so by June 26.
This year, heavy rains brought widespread flooding in Punjab, where swollen rivers and breached canals inundated farmland and displaced thousands. In the Himalayan states, repeated cloudbursts and flash floods triggered landslides, washed away bridges and roads, and caused extensive damage in Himachal Pradesh, Uttarakhand and Jammu and Kashmir.
At least 1,528 persons had died due to extreme weather during the season as of September 30, PTI had reported.
Also read: India's monsoon is getting more extreme but with little increase in rainfall
Source: Scroll
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Klarna said on Tuesday it will sell up to $6.5 billion of loans to funds managed by Elliott Investment Management over a two-year period, as part of efforts to expand its buy-now-pay-later business in the U.S.The agreement allows the Swedish fintech to sell a portion of its existing Fair Financing
3 months ago
