WebinarsNew
Deep DiveNew
Explore Business Standard
The United Forum of Bank Unions (UFBU) has decided to go on a nationwide strike on September 11 over the delay in implementing five-day banking, differences over the performance-linked incentive scheme, and several pending demands, including pension-related issues. If the strike materialises, banking services, especially in public sector banks, would be impacted for four days in many parts of the country. September 11 is a Friday, and the subsequent two days are bank holidays. September 14 is a holiday in some states for Ganesh Chaturthi. UFBU, an umbrella body of nine bank employees' and officers' unions, has also threatened a three-day subsequent nationwide strike beginning September 28, coinciding with the half-yearly closure. They have also decided to go on an indefinite strike from October 26 onwards if their demands fall on deaf ears of the government and bank management. The decision was taken at a meeting held on Sunday, following what the unions described as the governme
Two major employee associations of the Income Tax Department have written to the government stating that they would resort to a graded agitation schedule beginning April 16 if their "long pending" issues and "precarious" working conditions are not resolved. The Joint Council Action (JCA), comprising the Income Tax Employees Federation (ITEF) and Income Tax Gazetted Officers' Association (ITGOA), represents about 97 per cent of the department's workforce that works to collect revenue for the government under the direct tax category. Officers from the Indian Revenue Service (IRS) constitute the third association, and they lead the department as heads of various verticals. The JCA, in its letter dated April 6, to the Revenue Secretary under the Union Finance Ministry, said that the forum was approaching his office with its ten-point grievances due to the "persistent apathy" of the Central Board of Direct Taxes (CBDT) in resolving these issues. The CBDT frames policy for the tax ...
The CIA had been tracking the movements of senior Iranian leaders, including Supreme Leader Ayatollah Ali Khamenei, for months. That's according to a person familiar with the operation who was not authorised to comment publicly and spoke Sunday on condition of anonymity. The intelligence was shared with Israeli officials, and the timing of this weekend's strikes was adjusted in part because of that information, the person said. The New York Times earlier reported about the CIA's efforts ahead of the Israeli-US strikes.
The nationwide strike called by trade unions against the Centre's Labour Codes brought normal life to a standstill across Kerala on Thursday. Though the state government declared a dies-non for government employees, attendance at offices was expected to remain low as transport vehicles remained off the roads. The General Administration Department of the state government issued an order stating that unauthorised absence of an officer on account of the strike shall be treated as "dies-non". The pay for the day on which the strike is taking place will be withheld from the salary if officials do not report for duty, the order said. No leave would be granted to teachers and government employees except in cases of personal illness or illness of close relatives, examinations, maternity leave or other unavoidable reasons, the order added. Apart from government offices, shops and businesses were also likely to remain closed due to the nationwide 24-hour strike. Travellers were among the w
Banking operations of public sector banks across the country are likely to be impacted on Tuesday with the United Forum of Bank Unions (UFBU) deciding to go ahead with a nationwide strike on January 27 to press for the immediate implementation of a five-day work week. The strike call by the UFBU, an umbrella body of nine unions representing officers and employees, comes after a conciliation meeting on January 23 with the chief labour commissioner failed to yield a positive outcome. With banks remaining closed on January 25 (Sun) and January 26 (Republic Day), the strike on Tuesday will result in a disruption of branch-level services for three consecutive days. "Despite detailed discussions during the conciliation proceedings, there was no assurance on our demand. Hence, we have been compelled to proceed with the strike action," All India Bank Employees Association (AIBEA), a constituent of UFBU, General Secretary C H Venkatachalam told PTI. All India Bank Officers' Confederation ..
A Ukrainian drone strike killed one person and wounded three others in the Russian city of Voronezh, local officials said Sunday. Meanwhile, thousands of residents were still without power in Kyiv, following an intense Russian bombardment. A young woman died overnight in a hospital intensive care unit after debris from a drone fell on a house during the attack on Saturday, regional Gov. Alexander Gusev said on Telegram. Three other people were wounded and more than 10 apartment buildings, private houses and a high school were damaged, he said, adding that air defences shot down 17 drones over Voronezh. The city is home to just over 1 million people and lies some 250 kilometres from the Ukrainian border. The attack came after Russia bombarded Ukraine with hundreds of drones and dozens of missiles overnight into Friday, killing at least four people in the capital Kyiv, according to Ukrainian officials. For only the second time in the nearly four-year war, Russia used a powerful new