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New Delhi, July 9 (SocialNews.XYZ) A nationwide strike is underway on Wednesday, following a call by ten trade unions to protest against the Centre's alleged "anti-worker, anti-farmer, and pro-corporate" labour policies. The general strike, or 'Bharat Bandh', was called by a joint platform of the central trade unions, receiving support from farmer organisations and rural worker groups. The participating unions include the All India Trade Union Congress (AITUC), Indian National Trade Union Cong ...Read More >
West Bengal, July 09: Left parties' trade unions are staging a 'Bharat Bandh' alleging that the central government is pushing economic reforms that weaken workers' rights. 10 Central trade unions have called the Bandh. Defying police presence, members of the Left parties' union entered Jadavpur railway station in West Bengal to block the railway tracks to mark their protest against the central govt's "pro-corporate" policies. Left parties' unions also took out a foot march in Jadavpur A heavy ...Read More >
New Delhi [India], July 9 (ANI): BJP MP Praveen Khandelwal on Wednesday said that there is no effect of the Bharat Bandh on any commercial market across the country, adding that they are functioning at their regular pace. Bharat Bandh has been called by a joint forum of 10 central trade unions, alleging that the central government is pushing pro-corporate policies. The statement issued by Khandelwal said, There has been absolutely no effect of the so-called Bharat Bandh on any commercial marke ...Read More >
Bhubaneswar (Odisha) [India], July 9 (ANI): Public transportation was disrupted in various parts of the country on Wednesday following the Bharat Bandh protests, called by ten central trade unions, intensified. In Odisha, members of the Khordha District unit of the Centre of Indian Trade Unions (CITU) blocked the national highway at Bhubaneswar to support the Bharat Bandh. In Kerala, shops and shopping malls in Kottayam remain closed in support of the Bharat Bandh called by 10 central trade un ...Read More >
Thoothukudi (Tamil Nadu) [India], July 9 (ANI): Sanitation workers from the Thoothukudi Corporation staged a protest on Wednesday, demanding better working conditions, the provision of essential equipment, and adequate payment for their services. The workers alleged that they were provided neither gloves nor face masks, essential tools for their safety, and claimed that their pay was insufficient. The protesters further demanded the implementation of the minimum wage, as promised by the Thooth ...Read More >
Jadavpur (West Bengal) [India], July 9 (ANI): Left parties' trade unions are staging a 'Bharat Bandh' alleging that the central government is pushing economic reforms that weaken workers' rights. 10 Central trade unions have called the Bandh. Defying police presence, members of the Left parties' union entered Jadavpur railway station in West Bengal to block the railway tracks to mark their protest against the central govt's "pro-corporate" policies. Left parties' unions also took out a foot mar ...Read More >
Mumbai, July 9: As over 25 crore workers from key public service sectors, including banking, insurance, postal, and construction, prepare to join the nationwide strike today, July 9, many citizens are left wondering how the Bharat Bandh will impact daily life. With employees from banking, insurance, postal, construction, and other public services expected to participate in the Bharat Bandh on July 9, questions are being raised about what will remain open and what will be closed. The strike is s ...Read More >
New Delhi, July 8 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Tuesday received dividend cheques to the tune of Rs 5,304 crore on behalf of the government from three public sector banks for the financial year ended on March 31, 2025. A dividend cheque of Rs 2,335 crore for FY 2024-25 was presented to the Finance Minister, in her North Block office, by Punjab National Bank MD and CEO Ashok Chandra, while Bank of India MD & CEO Rajneesh Karnatak presented a cheque of Rs 1,353 crore. Th ...Read More >
Srinagar: Two months after Operation Sindoor, Jammu and Kashmir is still facing digital outage as several government websites are still inaccessible due to non-compliance with digital security parameters, posing difficulties for the public and officials in service delivery and e-governance. Following Operation Sindoor, launched by India on May 6 in response to the Pahalgam terror attack in which 25 tourists and a local pony rider were killed, several public sector websites and applications went ...Read More >
PTC Web Desk: India is expected to witness a massive nationwide shutdown (Bharat Bandh) on July 9 as over 25 crore workers from key critical sectors, including banking, insurance, postal services, coal mining, highways, and public transport -- gear up for a day-long Bharat Bandh. The strike has been called by 10 central trade unions and their allied organisations to protest against the Centre's economic and labour policies, which they allege are anti-worker, anti-farmer, and pro-corporate in nat ...Read More >
New Delhi: A massive nationwide strike has been called for July 9, 2025, by a coalition of 10 central trade unions in collaboration with farmers' and rural workers' organisations. The protest, dubbed a Bharat Bandh, is aimed at opposing what the organisers describe as pro-corporate and anti-labour policies of the central government. According to the organisers, the strike is expected to witness participation from more than 25 crore people, including workers from both formal and informal sectors, ...Read More >
Patna: In a major decision, the Nitish Kumar-led government on Tuesday approved the formation of the Bihar Youth Commission to empower and provide employment opportunities to the youths in the state. The decision was taken during a cabinet meeting chaired by Chief Minister Nitish Kumar, where 43 key proposals, including development plans, appointment processes, and economic proposals, were also approved. Sharing the development on social media, CM Nitish Kumar posted, "I am happy to inform you ...Read More >
Mumbai: Public sector banks (PSBs) are in talks with the Finance Ministry to review the rule of maintaining a minimum balance in savings accounts. According to a report by Times of India, this discussion is taking place due to the declining share of CASA (Current Account Savings Account) deposits in banks' total deposits. The report states that the share of CASA deposits is shrinking, and during a recent meeting with the finance ministry, government officials raised a question: Why should custo ...Read More >
Mumbai, July 8: Is there a Bharat Bandh on July 9, 2025? People across the country are looking for answers to search terms such as "Bharat bandh", "8 July" and "Bharat bandh 9 July 2025". The answer to the question whether there is a bharat bandh on July 9 is yes. It is worth noting that more than 25 crore workers are expected to take part nationwide strike, or "Bharat Bandh", on Wednesday, July 8. The nationwide strike has been called by 10 central trade unions against the Narendra Modi-led gov ...Read More >
New York/Hyderabad, July 6 (Maxim News): In a bold political move, Tesla and SpaceX CEO Elon Musk has announced the formation of a new political party in the United States, named the "America Party." The tech billionaire unveiled the initiative on Saturday through a post on X (formerly Twitter), positioning it as a direct challenge to the traditional two-party dominance in American politics Here To Join Us On WhatsApp "America is being bankrupted by bipartisan waste and corruption. This is not ...Read More >
Hyderabad, July 6 (Maxim News): In a major boost to employment opportunities in the banking sector, public sector banks (PSBs) are set to recruit around 50,000 personnel during the current financial year (FY2025), according to data compiled from various banks. The move is aimed at supporting expanding business operations, enhancing customer services, and strengthening digital and physical infrastructure. The State Bank of India (SBI), the country's largest lender, is leading the hiring wave wit ...Read More >
NEW DELHI: Despite India making progress in organ transplantation, and being a sought-after transplant tourism destination for patients from abroad, the country still faces challenges in achieving equitable access for all its citizens, especially those living in remote areas, said a latest Lancet study. The study stressed that India needs stronger government investment, better data collection, improved public sector capacity, and policies to reduce financial and geographic barriers. India, plac ...Read More >
Mumbai: Uddhav and Raj Thackeray, once distant cousins, are coming together to challenge the Maharashtra government's choice to implement Hindi as a compulsory language for Classes 1 to 5 according to the National Education Policy (NEP). They perceive this action as an infringement on local identity and language variety. Uddhav's Shiv Sena (UBT) and Raj's Maharashtra Navnirman Sena (MNS) are set to conduct a unified protest march on July 5, representing their first joint endeavour in twenty year ...Read More >
New Delhi: The banking regulator is examining suggestions to further streamline credit bureau processes and reduce information asymmetry with lenders, a move aimed at addressing data inconsistency and transparency for customers, said people familiar with the development. "A technical working group has been formed by the RBI (Reserve Bank of India) to address concerns raised by financial institutions related to credit information companies (CICs)," said an executive, who did not wish to be ident ...Read More >
New Delhi: The banking regulator is examining suggestions to further streamline credit bureau processes and reduce information asymmetry with lenders, a move aimed at addressing data inconsistency and transparency for customers, said people familiar with the development. "A technical working group has been formed by the RBI (Reserve Bank of India) to address concerns raised by financial institutions related to credit information companies (CICs)," said an executive, who did not wish to be ident ...Read More >
Mumbai, July 4 (SocialNews.XYZ) Anoop Khatry, Chief Legal Officer of UltraTech Cement Limited, has resigned from his position citing personal reasons, the company informed in an exchange filing on Friday. The same has been accepted with effect from the close of business on July 3, 2025, according to the company. "We hereby inform you that Mr Anoop Khatry, Chief Legal Officer, has tendered his resignation from the services of the Company with effect from close of business hours on 3rd July, 202 ...Read More >
New Delhi, July 4 (SocialNews.XYZ) The Competition Commission of India (CCI) has directed Aditya Birla Group company UltraTech, which owns India Cements, and two other cement manufacturing companies as well as their executives to submit financial documents, after its Director General's investigations revealed that these companies contravened competition norms by colluding in the tenders floated by public sector oil giant ONGC. The CCI had ordered an investigation after it received a complaint f ...Read More >
MUMBAI: Defence stocks were trading in positive territory on Friday, a day after the union government approved the purchase of defence equipment worth Rs 1.05 lakh crore. Shares of all major public sector defence companies, including BEL, BEML, Hindustan Aeronautics, and Mazagaon Dock Shipbuilder, rose by up to 4.5 per cent during intraday trading. Mazagaon Dock Shipbuilders shares were up 1.46 per cent at Rs 3, 337.80 on NSE. The shipbuilding company's shares opened at Rs 3, 320.0 and rose to ...Read More >
New Delhi [India], July 4 (ANI): SpiceJet on Thursday acknowledged that some passengers are currently facing difficulties in reaching the airline's customer care helpline due to intermittent technical issues. The airline said efforts are underway to restore normal functioning as soon as possible. In an official message on X, SpiceJet stated, 'We are currently experiencing intermittent issues with our SpiceJet Customer Care helpline numbers. We assure you that our relevant teams are working to r ...Read More >
Mumbai: The average fresh loan spread of Indian banks increased by 17 basis points to 3.09% in May, indicating lenders' focus on protecting margins, according to data released by the Reserve Bank of India (RBI). Private sector banks led the increase, widening spreads-the difference between the average lending rate they charge on borrowers and their cost of funds-by 34 basis points to 3.86%, while public sector banks raised spreads by 6 basis points to 1.79%, RBI data showed. The data, experts ...Read More >
Mumbai: The average fresh loan spread of Indian banks increased by 17 basis points to 3.09% in May, indicating lenders' focus on protecting margins, according to data released by the Reserve Bank of India (RBI). Private sector banks led the increase, widening spreads-the difference between the average lending rate they charge on borrowers and their cost of funds-by 34 basis points to 3.86%, while public sector banks raised spreads by 6 basis points to 1.79%, RBI data showed. The data, experts ...Read More >
New Delhi, Jul 3 (PTI) Water Minister Parvesh Verma on Thursday said the Delhi government will bring a full water bill waiver scheme in the next few months. For water bill waiver scheme, the Delhi Jal Board (DJB) is working on improving its billing system software and the work will be completed in two to three months. "Soon we are planning to waive the entire late payment surcharges for domestic and government categories by 100 per cent," Verma said. The DJB's board meeting held recently has ...Read More >
New Delhi, Jul 2 (PTI) The Enforcement Directorate on Wednesday alleged Sonia and Rahul Gandhi wanted to usurp the assets of Associated Journals Limited (AJL), a Rs 2,000 crore company, the publisher of National Herald newspaper. Special judge Vishal Gogne was hearing the submissions on the point of cognisance in the National Herald case. Additional solicitor general S V Raju said a conspiracy was hatched to form Young Indian Private Limited in which the Gandhis held 76 per cent shares to usur ...Read More >
New Delhi, July 2 (SocialNews.XYZ) Union Communications Minister Jyotiraditya Scindia on Wednesday credited the Prime Minister Narendra Modi government's strategic revival steps for bringing BSNL back from the brink, saying that the state-run telecom giant, once left on 'ventilator support' by the previous UPA government, has now firmly re-established itself in the hearts of Indian consumers. Speaking exclusive to IANS here on BSNL's remarkable turnaround, the minister said, "At one point, BSNL ...Read More >
Mumbai, July 2 (SocialNews.XYZ) The soundness and resilience of India's scheduled commercial banks are bolstered by robust capital buffers, multi-decadal low non-performing loans and strong earnings, according to the RBI's latest Financial Stability report. The country's scheduled commercial banks continued to record improvement in their asset quality, with the GNPA ratio and NNPA ratio declining to multi-decadal lows of 2.3 per cent and 0.5 per cent, respectively, the report states. While ove ...Read More >
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