Bharat Bandh | 1st nation-wide protest after state polls kicks off - here are some highlights

News Network
March 28, 2022

A two-day nationwide strike - called by a joint forum of central trade unions - is likely to affect banking, trasnportation, railways and power services on Monday and Tuesday. Bharat Bandh, says the Platform of Central Trade Unions and Sectoral Federations and Associations, aims to draw attention to criticism of the government policies, which have been defined as "anti-worker, anti-farmer and anti-national" in a statement.

Highlights

1. This is the first major protest that India is set to witness after assembly elections in five states. The BJP was able to retain four of five states - Uttar Pradesh, Manipur, Uttarakhand and Goa - while the AAP won Punjab. The BJP said it won the four states because of its pro-people and pro-development agenda.

2. About 20 crore protesters are expected to join the Bharat Bandh call. "We are expecting participation of over 20 crore formal and informal workers with mass mobilisation of workers across the country during the strike on March 28 and 29 to protest against government policies," All Indian Trade Union Congress General Secretary Amarjeet Kaur told news agency PTI

3. An advisory was issued to all the state government and electricity authorities by the ministry of power on Sunday to ensure 24*7 power supply. "All concerned may be advised to ensure close supervision of their regional network/control area and shall report to the concerned SLDC/ RLDC and NLDC in the event of any contingency... Power supply to essential services such as hospitals, defence, railways etc. should be ensured," it read. Regional and state control rooms have been put on alert.

4. The All India Bank Employees' Association on Sunday said the bank union demands the government to stop privatisation of public sector banks and strengthen them. The country's largest lender SBI and other banks have said that their services may get impacted.

5. Speedy recovery of bad loans, higher deposit rates by banks, lower service charges on customers as well as restoration of old pension scheme are some other issues that have been raised by the AIBEA. Employees of public sector banks, private banks, foreign banks, cooperative banks and regional rural banks are expected to join the strike, the association said.

6. In West Bengal, government offices have been told to remain open. "It has been decided that no casual leave or any other leave for absence either in the first half or in the second half or for the whole day shall be granted to any employee on the above-mentioned dates (March 28-March 29)," a state governmentn notification read.

7. The Mamata Banerjee government has come under criticism for not backing the protest. "The Mamata Banerjee dispensation is showing its true colours by opposing the strike which has been called to protest against the Narendra Modi regime's policies against workers, farmers and general people," Anand Sahu, Centre of Indian Trade Unions Bengal chief, told PTI. He said the Left trade unions, student bodies and supporters will be on the streets.

8. Farmers' body Samyukta Kisan Morcha has also backed the protest call.

9. The Bharat Bandh is also one of the biggest protests since farmers' agitation was called off last year. The farmers are set to hold the next wave of demonstrations in April.

10. Railways employees and staff in the defence sector are also expected to hold mass mobilisations.

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News Network
November 15,2024

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Iran’s Islamic Revolution Guards Corps (IRGC) has killed or captured 69 terrorists linked to the Israeli spy agency Mossad during a major counterterrorism drill in the country's southeast, its spokesman says.  

General Ahmad Shafaei, the spokesman for the “Martyrs of Security” drill, said Friday that a total of 23 terrorists have been killed and another 46 arrested in various clean-up operations ever since the IRGC Ground Force launched it in the Sistan and Baluchestan province on November 1.

Seven terrorists have also turned themselves in during the period.

“The undeniable fact about terrorists is that they rely on arrogant powers, particularly the intelligence service of the wicked and vicious Zionist regime," Shafaei said.

“Unfortunately, weapons and munitions at terrorists’ disposal are among the most sophisticated ones in the world. This accounts for their heavy dependence.” 

The official stated that several members of the disbanded terror teams were non-Iranian nationals, who had been hired by foreign intelligence agencies to carry out acts of sabotage and terror inside Iran.

In a most recent operation, six terrorists were arrested and four others were eliminated, three of whom were non-Iranians, he added. 

On October 26, ten members of Iran's law enforcement forces were killed in a terrorist attack in the Gohar Kuh district of Taftan in the Sistan and Baluchestan province.

The so-called Jaish al-Adl terrorist group claimed responsibility for the assault, which was one of the deadliest in the province in recent months.

The group has carried out numerous terrorist attacks in Iran, primarily in Sistan and Baluchestan.

Its tactics include the abduction of border guards as well as targeting civilians and police stations within the province to incite chaos and disorder.

In January, Iran launched a military operation during which the headquarters of the Pakistan-based terrorist group was targeted in missile strikes, destroying its infrastructure.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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News Network
November 11,2024

Udupi, Nov 11: A traveller reportedly lost ₹4.1 lakh after attempting to book a cab online in Udupi. 

At around 1:30 PM on November 7, the man from West Bengal searched for car rentals on Google and selected a website named "Shakti Car Rentals." Shortly after, he was contacted by someone claiming to be "Rohit Sharma," who directed him to pay a registration fee of ₹150 on the site.

After unsuccessful payment attempts via both his Canara Bank debit card and SBI credit card (without receiving an OTP), "Rohit Sharma" instructed him to pay the driver directly. But at 1:47 PM, he received messages showing deductions of ₹3.3 lakh from his SBI credit card and ₹80,056 from his Canara Bank debit card, totaling ₹4.1 lakh.

The complainant alleges fraud through a deceptive link disguised as a booking token fee. A case has been registered at Udupi Town Police Station.

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