Brace for a 2-day nationwide trade unions' strike

February 20, 2013

Brace_india

New Delhi, Feb 20: The financial and transport sectors are likely to be hit as the nation braces for a two-day strike called by major trade unions protesting against high prices, unemployment and the labour policies.

The government on Tuesday issued a fresh appeal urging bank employees not to join the strike called by various trade unions on February 20-21.

Prime Minister Manmohan Singh had earlier appealed to the trade unions not to go on strike while senior government ministers had explained to them the steps taken by the government to contain price rise, ensure employment generation and enforcement of labour laws.

"The central government is disappointed to note that a section of the bank employees has decided to join the strike called by certain trade unions on February 20-21, 2013," a government statement said.

Industry bodies have estimated a loss of Rs 20,000 crore from the 48-hour strike while trade union leaders have defended their move by saying that "social loses that have accumulated are so huge that we have been compelled to call the strike".

The trade union leaders, who held a meeting with three ministers — labour minister Malikarjun Kharge, defence minister A K Antony and agriculture minister Sharad Pawar - on Monday night, have accused the government of being "totally non-serious" about working out ways for the strike to be called off.

"They had absolutely nothing to offer," said AITUC general secretary and CPI leader Gurudas Dasgupta who was present at the meeting. "It was clear that the government was not serious in resolving any issue from the fact that the most important minister ( finance minister) P Chidambaram, who was supposed to be present, skipped the meeting," he added.

Blaming the government for anti-people economic policies and price rise, especially fuel, Dasgupta said, "If the government does not meet out demands even after the strike, we will opt for other measures like mass hunger strike, sectoral strikes, long drawn agitations to intensify our protest."

While he admitted that Delhi has never responded to the strike call in the past, the expectation is not high this time either. He is also sceptical about West Bengal where there could be clashes since the Left is supporting the strike but the Mamata Banerjee government is opposed to it.

On Tuesday, a day before the 48-hour strike, Dasgupta said that in coal fields of West Bengal, Jharkhand and Odisha, the contract labour at the mines had already gone on strike.

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News Network
March 10,2020

Thiruvananthapuram, Mar 10: Senior Congress leader Shashi Tharoor on monday thanked PM Narendra Modi  for extending birthday wishes to him in malayalam.

"Thank you, Prime Minister Narendra Modi, for this elaborate birthday greeting in shudh sahitya Malayalam! Am touched by your thoughtfulness," Tharoor tweeted with a picture of the letter from Modi.

In another tweet, the Congress MP also posted its translation, that reads,

Tharoor, who is an MP from Thiruvananthapuram, turned 64 on march 9.

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SmR
 - 
Tuesday, 10 Mar 2020

Is he next Scindia waiting to board the BJP ship?

 

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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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News Network
January 18,2020

Mumbai, Jan 18: Maharashtra Tourism Minister Aaditya Thackeray on Friday said shops, restaurants, malls and pubs will remain open 24 hours on an experimental basis in a few areas of Mumbai from January 26.

The areas where these establishments will remain open all night are Fort and Kala Ghoda in south Mumbai and Bandra Kurla Complex in the west.

Thackeray had batted for all-night-open eateries and other establishments in the city during the earlier BJP-Shiv Sena regime too.

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