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Ten central trade unions to go on strike tomorrow; Govt expects minimal impact

Sep 01, 2015

Ten central trade unions to go on strike tomorrow; Govt expects minimal impact

Essential services like banking and public transport may be impacted on Wednesday with ten central trade unions going ahead with their one-day nationwide strike, even as the government appealed to them for calling off the agitation, which BJP-backed BMS and NFITU decided to boycott. #India #Strike #BJP #NewsTracker #Public transport #BMS #Central Trade Unions #NFITU #Labour Minister Bandaru Dattatreya
What the latest economic data mean: Modi govt is running out of time to fix the economy

Sep 01, 2015

What the latest economic data mean: Modi govt is running out of time to fix the economy

Reviving manufacturing will mean getting aggressive on economic policy and reforms GST has to be rammed through, public sector infrastructure investments have to be fast-tracked and private sector ones facilitated on priority basis #InMyOpinion #Agriculture #manufacturing #GDP growth #GST #economic reforms #services #Public Spending
Mumbai black and yellow taxis go off roads again demanding ban on Uber, Ola

Sep 01, 2015

Mumbai black and yellow taxis go off roads again demanding ban on Uber, Ola

Commuters in Mumbai may have a hard time getting around the city on Tuesday as several thousand taxis are expected to be off roads in a protest, not long after a similar agitation. #NewsTracker #Mumbai #taxis #taxi strike #mumbai public transport #Swabhiman Taxi-Rickshaw Union #A L Quadros
China: 197 people punished for spreading rumours about stock market crash, Tianjin explosions

Aug 31, 2015

China: 197 people punished for spreading rumours about stock market crash, Tianjin explosions

A total of 197 people have been 'punished' in a special campaign by police targeting online rumours about China's stock market, the recent fatal explosions in Tianjin or other key events. #China #NewsTracker #Online censorship #China stock market #Tianjin explosions #ministry of public security
Rajan's right: Govt should compensate PSBs, not use them as extended arms

Aug 28, 2015

Rajan's right: Govt should compensate PSBs, not use them as extended arms

When government forces state-run banks to carry out financial sector activities, but refuses to fully compensate them, that creates distortions in their business. #Economy #RBI #IMF #Narendra Modi #ConnectTheDots #Agriculture #International Monetary Fund #Arun Jaitley #Raghuram Rajan #Aadhaar #public sector banks #Indian Banks Association #Indradhanush #Make In India #Jan Dhan Yojana
Raghuram Rajan's subtle message to Modi govt: Central banks have no panacea for economic illness

Aug 26, 2015

Raghuram Rajan's subtle message to Modi govt: Central banks have no panacea for economic illness

Rajan is absolutely right in observing that the central banks role is limited in solving economic problems. Its a subtle message to the Modi government #Raghuram Rajan #Public Spending #Economic Recovery #BBC interview
Jammu and Kashmir HC quashes Masarat Alam's detention under Public Safety Act

Aug 21, 2015

Jammu and Kashmir HC quashes Masarat Alam's detention under Public Safety Act

The Jammu and Kashmir High Court on Friday quashed the detention under Public Safety Act (PSA) of hardline separatist leader Masarat Alam. #India #NewsTracker #Jammu and Kashmir High Court #Separatist #PSA #Masarat Alam #Public Safety Act #Pakistani flags
Payments banks pose risk to public lenders market share: Fitch

Aug 20, 2015

Payments banks pose risk to public lenders market share: Fitch

The most notable elements of the reform plan, address issues pertaining to management and governance at public sector banks. #Business #Economy #NewsTracker #public sector banks #Fitch ratings #Payments Banks
Public sector banks fund infusion plan insufficient to tackle shortfall: S&P

Aug 19, 2015

Public sector banks fund infusion plan insufficient to tackle shortfall: S&P

S&P estimates that Basel III implementation will mean the banks will have fresh capitalisation needs of Rs 1.4 lakh for fiscal 2016-2019. #Economy #NewsTracker #public sector banks #Standard & Poor's #Basel III #Key performance indicator