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Banks strike withdrawn after a deal to hike wages by 15%

The nation can heave a sigh of relief as public sector banks employees` have decided to withdraw the four day scheduled from February 25. This follows an agreement with the Indian Banks Association (IBA) to increase wages by 15%, on Monday. 

Public sector banks strike withdrawn

The nation can heave a sigh of relief as public sector banks employees` have decided to withdraw the four day scheduled from February 25. This follows an agreement with the Indian Banks Association (IBA) on Monday. The twenty-eight

Rahul’s introspection attracts social world

Congress vice president Rahul Gandhi  has taken leave from party affairs and the parliament to `reflect` and `think` about party’s future after poor performances in series of elections. According to Congress leaders, Gand

Anna Hazare begins stir against land bill, AAP not to share dais

Social activist Anna Hazare has launched his protest at Jantar Mantar from Monday against the ordinance on Land Acquisition Bill. Calling it anti-farmer, he also said he would not allow AAP leaders to share the stage with him during

President’s speech reflects Modi govt’s focus on governance

The budget session of Parliament began on Monday with an address by president Pranab Mukherjee.  Economic Survey will be presented on February 27 and Railway Budget on February 26. The budget on February 28 will be important as it will be the

Ahead of union budget: Prepare to be rescued

In which country does December mark the middle of the year? That is when the mid-term report of our finance ministry was published. The economic survey, which is presented to parliament the day before the budget, gives the macroeconomic context in

RBI governor for better education loans regime

Reserve Bank of India governor Raghuram Rajan on Saturday sought better student loan schemes as he felt that there were lot of stress on education loans. Taking the theme of rationalizing tax structure as finance minister Arun Jaitley pres

In Haryana, gender bias is high even in urban areas

It is a myth that gender bias is restricted to rural areas. A study in four urban districts of Haryana shows marked increase in bias against girls. While examining the gender differences in family size, boys mentioned they have more brothe

Mumbai`s coastal road project: An end to traffic woes?

A   city is like a human body. The roads are its arteries. The moment one of them gets clogged up the urban  flow starts to choke slowly.   Mumbai’s arteries are so choked that the city’s transport is j

Kotak, ING merger deal given green signal by CCI

India’s fourth largest private bank will come into being with the approval of Competition Commission of India (CCI) for the merger deal between Kotak Mahindra Bank and ING Vysya Bank. In November 2014, Kotak Mahindra had annou

Probe top people in corporate espionage case, Kejriwal tells Delhi cops

Chief Minister Arvind Kejriwal, who has taken on big industrial houses during his campaign against graft, on  Saturday sent out a tweet complementing the Delhi Police for unearthing the corporate espionage racket and said it should now target

Modi suit fetches record Rs 4.31 cr at Surat auction

It started with a quote of Rs 51 lakh and, finally prime minister Narendra Modi`s suit with his name woven into it in gold pinstripes has been lapped for Rs. 4.31 crore. On the final day of auction in Surat, diamond merchant Hitesh

All you needed to know about Kailash Mansarovar Yatra 2.0

Ever since the announcement that a new route to Kailash Mansarovar will be opened this year, enthusiasts and aspirants were waiting for the application process. The ministry of external affairs (MEA), which facilitates this pilgrimage, invites app

The making of a Swiss account

The rise of Switzerland as a financial centre began about 100 years ago. However, it is only in the last five decades that its reputation has catapulted from one of relatively modest standing – the Swiss centre was earlier dwarfed by New Yor

Why Amartya Sen is refusing to lead Nalanda

Nobel laureate Amartya Sen believes that the government is trying to block his second term as chancellor of the prestigious Nalanda University. Drawing attention to the delay in clearing his name for the chancellorship, Sen wrote a five-page lette

Coal block auctions to result in lower power rates, says minister

Even as the government is looking at bonanza from the coal blocks auction, power minister Piyush Goayl has said that the power tariff will come. The allocation of coal blocks will fetch a whopping  Rs15 lakh crore over the next

Manjhi quits as Bihar chief minister, Nitish to stake claim

Two hoursbefore the vote of confidence in the assembly, Bihar Chief Minister Jitan Ram Manjhi  met Governor KN Tripathi and submitted his resignation as it became clear that he does not have the numbers. READ:

Why I do not fly by Air India

National carrier Air India is back in bad weather condition and I know why. In October last year I was looking for cheapest air tickets to Kochi for my parents’ trip. I have travelled to Kerala. I knew that that most of the fl

DeitY wants Jaitley to look at revival of Nokia unit in TN

Finance minister Arun Jaitley can achieve twin objectives of getting an ally in Parliament and send signals to foreign investors about India’s tax regime by accepting a suggestion to revive Nokia plant in Tamil Nadu. It is lea

SC extends Teesta Setalvad`s interim bail

Social activist Teesta Setalvad and her husband Javed Anand, accused of financial fraud will not be arrested, said a new bench of the supreme court on Thursday that was hearing the anticipatory bail plea filed by the couple. The ape

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