Pakistani boat intercepted, explodes, sinks

January 2, 2015

New Delhi, Jan 2: A suspicious Pakistani fishing boat intercepted by the Coast Guard and navy in the Arabian sea exploded and sank after its crew set fire to it, the Indian government said Friday.

Pakistani boat

The boat had set off from Keti Bunder near Karachi and was planning "some illicit transaction" in the Arabian Sea, a defence ministry statement said.

Indian Coast Guard ships and navy aircraft tried to intercept the boat near the India-Pakistan maritime boundary, about 365 km from Porbander in Gujarat, on the night of Dec 31-Jan 1.

A Coast Guard ship warned the boat to stop for investigation of the crew and cargo. But the vessel increased speed and tried to get away.

"(A) hot pursuit continued for nearly one hour, and the Coast Guard ship managed to stop the fishing boat after firing warning shots," the statement said.

"Four persons were seen on the boat who disregarded all warnings by the Coast Guard ship to stop and cooperate with investigation."

The suspicious crew then hid themselves below the deck and set the vessel on fire, resulting in an explosion and a major fire.

"Due to darkness, bad weather and strong winds, the boat and persons on board could not be saved or recovered. The boat burnt and sank in the same position in early hours of Jan 1," the statement said.

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Two-day nationwide bank strike from Jan 31 over wage revision

Agencies

January 16,2020

New Delhi, Jan 16: United Forum of Bank Unions has decided to observe a two-day strike on January 31 and February 1, demanding early wage revision settlement which has been due since November 1, 2017, said the All India Bank Employees Association.

Union Finance Minister Nirmala Sitharaman will present her second Union Budget on February 1.

Banks will also hold a strike on March 11, 12 and 13. Also, an indefinite strike will be held from April 1.

General Secretary, All India Bank Officers' Confederation West Bengal Sanjay Das has stated that the nationwide strike has been called over several demands.

"The demands include--wage revision settlement at 20 per cent hike on payslip components with adequate loading thereof and scrapping off New Pension Scheme (NPS)," said Das.

There are several demands to hold the strike including the merger of special allowance with basic pay, updation of pension, improvement in the family pension system, five-day banking, allocation of staff welfare fund based on operating profits and exemption from income tax on retiral benefits without a ceiling.

"Other demands include-- a uniform definition of business hours, lunch hour etc in the branches, introduction of leave bank, defined working hours for the officers and equal wage for equal work for the contract employee," said Das.

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Amidst economic slowdown, RBI keeps benchmark interest rate at 5.15%

Agencies

February 6,2020

Mumbai, Feb 6: The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth.

The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.

"Economic activity remains subdued and the few indicators that have moved up recently are yet to gain traction in a more broad-based manner. Given the evolving growth-inflation dynamics, the MPC felt it appropriate to maintain status quo,” the Monetary Policy Committee (MPC) said.

The six-member committee voted unanimously to hold rates, but also said that there is “policy space available for further action”.

Between February and October 2019, the RBI had reduced repo rate by 135 basis points.

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Women's college issues dress code, prohibits burqa

Agencies

January 25,2020

Patna, Jan 25: JD Women's College in Patna has issued a direction to the students to follow the prescribed dress code on the campus while stating that wearing a 'burqa' in college is prohibited.

"All students have to come to college in the prescribed dress code, every day except on Saturday. Students are prohibited from wearing 'burqa' in college", reads a notice signed by the Principal and Proctor of the college.

The college administration has also imposed a fine of Rs. 250 for violation of the norm.

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I think this college management will allow girl students to wear tight jeans + t-shair and miniskirts but is not allowing a girl to cover her body. Are we in ancient days where humans had no dress to cover themselves or in the time of Nair kings in kerala who restricted ladies of low caste from covering their chest.