bank strike, trade union strike

The first day of the two-day strike in the banking sector was successful with several branches across the country remaining closed, said All India Bank Employees' Association (AIBEA)

Power supply, China

The Maharashtra government on Sunday invoked the Maharashtra Essential Services Maintenance Act (MESMA) barring employees of state-run electricity companies from joining the nationwide protest.

bank branch

Strikers demands include scrapping of labour codes, no privatisation of any form, scrapping of National Monetisation Pipeline

Two-day nationwide bank strike ends; services across country hit

The two-day nationwide bank strike called by United Forum of Bank Union ended on Friday, impacting normal operations across the country.
Lakhs of employees of public sector banks were on strike to protest against the proposed privatisation of banks by the government.
Banks will work as usual on Saturday, as it is a working day.
United Forum of Bank Union (UFBU) is an umbrella body of nine bank unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW).
Services like deposits and withdrawal at branches, cheque clearance and loan approvals remained paralysed due to the two-day strike. ATMs at different parts of the country went dry on the second day.
Government treasury operations, negotiating of import and export bills, grant of loans, cash transactions, etc. were not possible and clearing operations were affected.
In the three clearing centres of Mumbai, Delhi and Chennai, about 3

Nirmala Sitharaman

The opposition Congress on Tuesday demanded that the finance Minister make a statement to address concerns expressed by 13 lakh bank employees, who are on a two-day nationwide strike

Bank strike

Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in the country, opposing government's policy to privatise the lenders

United Forum of Bank Unions (UFBU) has given a call for a nationwide strike to protest against the proposed privatisation of two state-owned lenders

Saraswat Co-operative Bank

However, private sector lenders like ICICI Bank and HDFC Bank were operational

Reserve Bank of India, RBI

Earlier this week, a meeting with the Chief Labour Commissioner remained inconclusive, AIBOC President Sunil Kumar said

Bharat Bandh, protests, workers, strike, labours, union, trade

The bank unions have called for a nationwide strike demanding to expedite the process of wage settlement due since November 2017

A closed SBI branch as the bank employees' went on a two-day nationwide strike to press for wage revision, in Bhopal on Wednesday, May 30, 2018.

Cash deposit and withdrawal, and cheque clearances have been impacted due to the nationwide strike

bank strike, bank protest

Consequently, banking activities in public sector banks across the country have been interrupted

The two-day nationwide bank strike on May 30 and 31 will hit banking operations and might lead to cash-crunch across the country

Those who are investing in foreign stocks, mutual funds, or cryptocurrencies abroad will have to pay more TCS if they spend beyond Rs 7 lakh  in a financial year.

mutual fund

Asian Games 2023, Day 7 Highlights: India thrashed Pakistan 10-2 in hockey and beat them 3-2 in Squash to win the men's team gold. The contingent finished with 10 Gold, 14 Silver and 14 Bronze medals

Rohan Bopanna and Rutuja Bhosale were highlights for India's September 20, Day 8 at the Hangzhou Asian Games 2023. Photo: SAI

Rohan Bopanna

Catch all the latest news updates live from across the globe here

Vande Bharat train

India must press on with its response to international questioning and criticism by Canada and allies

India Canada

The hike in prices is likely to hurt consumers as the gas distribution companies are expected to increase prices of CNG and PNG

natural gas pipeline

Asian Games 2023 Highlights, Day 5: India won gold, silver and bronze in Shooting, Wushu and Equestrian respectively to finish with a total of 25 medals and lie in the 5th place in the medals tally

Sarabjot Singh, Arjun Singh Cheema and Shiva Narwal

Here is the best of Business Standard's opinion pieces for today

According to Ravi Nathani, an independent technical analyst, the Nifty Metal index seems to be trading in a range-bound manner, with a negative bias; whereas, the outlook seems positive for the Pharma

Technical Analysis

Apple also has a rigorous testing process in place that's meant to catch any pitfalls before the iPhone goes into mass production

The Apple iPhone 15 Pro

Vedanta Ltd.'s parent, Vedanta Resources, will remain the holding company, the people said. Deliberations are ongoing and no final decisions on the structure or timing of the de-merger have been made

Vedanta refinery

The Indian Railway is introducing the '14 minutes of miracle' concept for speedy cleaning of trains from October 1, starting with 29 Vande Bharat trains at their respective destination stations across the country.
It will be formally launched by the Railway Ministry Ashwini Vaishnaw at the Delhi Cantt. Railway Station.
Vaishnaw told reporters that the Vande Bharat trains will be cleaned within 14 minutes under the initiative to improve their punctuality and turnaround time.
It is a unique concept and happening for the first time in the Indian railways, the minister said.
The initiative is based on the concept of '7 minutes of miracle' at various stations such as Osaka, Tokyo, etc. in Japan where bullet trains are cleaned and made ready for another journey within seven minutes.
The service has been made possible by enhancing the cleaning persons' efficiency, skills and working attitude without increasing the number of front-line workforce already engaged in this activity, the minis

Vande Bharat Express

Indian Railways is going to introduce ramps in trains for the convenience of wheelchair users and senior citizens, Railway Minister Ashwini Vaishnaw said on Saturday.
Releasing the pictures of the newly designed ramps, Vaishnaw told reporters that these have been used at the Chennai railway station and found to be helpful for passengers who require a ramp.
"We will start its use in Vande Bharat trains very soon and later, in all other trains," the minister said, adding that a system is being worked out to let passengers raise a need for a wheelchair at the time of booking tickets.
"An alert can be generated and passed on to the respective railway stations for keeping a ramp ready for such passengers," he added.
The ramp can be easily placed at train doors and because of its width and low gradient, wheelchair users will find it easy to use it, the minister said.
Vaishnaw also said that during its trial, feedback received from passengers was extremely positive and encouraging.

indian railways, IRCTC, Cancellation

The Uttar Pradesh government has told the Supreme Court that "no fault" has been found on the part of the police in an ongoing probe into the killing of dreaded gangster and former Lok Sabha member Atiq Ahmad and his brother Ashraf in Prayagraj on April 15.
In a status report filed in the apex court, the state of Uttar Pradesh has said it has left no stone unturned to ensure a fair and impartial investigation into the incident and other cases, including the killing of gangster Vikas Dubey and various police encounters since 2017, raised by the petitioner.
Ahmad (60) and Ashraf were shot dead at point-blank range by three men posing as journalists while police personnel were escorting them to a medical college for examination on April 15. The entire shooting was captured live on national television.
In its report, the state has given details of the status of cases mentioned in the plea filed by advocate Vishal Tiwari, who sought an independent probe into the killing of Ahmad and ...

Supreme Court

The Graded Response Action Plan -- a set of anti-air pollution measures followed in the Delhi-NCR region in the winter season -- will come into force on Sunday.
The Commission for Air Quality Management, an autonomous body tasked with improving air quality in Delhi and the adjoining areas, had made crucial changes to the Graded Response Action Plan (GRAP) last year and again in July this year.
The new changes include strict restrictions on the plying of overage vehicles and a complete ban on the use of coal and firewood in eateries, restaurants and hotels when the air quality index (AQI) breaches the 200 mark.
BS III petrol and BS IV diesel four-wheelers will be immediately banned in Delhi and Gurugram, Faridabad, Ghaziabad and Gautam Buddh Nagar if the Air Quality Index (AQI) crosses the 400 mark.
The Commission for Air Quality Management (CAQM), a statutory body formed under an Act in 2021, had amended the GRAP in July last year to ensure proactive implementation of anti-air ...

Delhi air quality index continues to be 'very poor' ahead of Diwali

Delhi, Delhi air quality, Delhi AQI,

The world's highest motorable road at 19024 feet Umling-la' scored another world record by successfully hosting the world's highest international fashion show, an official said on Saturday.
The fashion show, held on Thursday under Vibrant Ladakh festival, saw participation of international models from 14 countries, the official said.
He said the event was organised by Union Territory Ladakh Administration and Ladakh Autonomous Hill Development Council (LAHDC), Leh, in partnership with Ladakh Art and Entertainment Alliance and supported by Indian Army and Border Roads Organisation.
With the participation of international models including two Ladakhi models, the Umling-la fashion show aimed at symbolising and promoting the vibrant culture of India espoused in Vasudhaiva Kutumbakam' and the highly valued GI tagged Pashmina of Ladakh, all rooted in the promoting sustainable and responsible tourism, the official said.
He said the costumes donned by the models introduced the colour palet

Fashion, Indian Luxury Brands, Lifestyle, Designers

india bank strike

Banking sector strike successful as several branches remain closed: AIBEA

Maharashtra invokes MESMA barring power cos' employees from joining strike

Mar 28-29 nationwide strike may partially impact banking services

Two-day nationwide bank strike ends; services across country hit

Congress seeks statement from FM Sitharaman on strike by bank employees

Nationwide bank strike continues to impact PSB services on second day

Bank operations may be hit on Mon, Tue due to nationwide unions' strike

Nationwide strike impacts banking services for second day at PSBs

PSU bank employees to go on two-day strike from Friday over wage revision

Bank unions may go on indefinite strike from Apr 1 on wage settlement delay

Banking services take a hit as two employee unions call for strike

Bank strike may hit transactions worth Rs 200 billion, says Assocham

Banks on 2-day nation-wide strike from today: Here's how it will affect you