900,000 employees of Indian banks plan to strike work on Aug. 6 and Aug. 7 for higher wages
Media Release
Aug. 3, 2009

About 900,000 employees of Indian banks plan to strike work on Aug. 6 and Aug. 7 for higher wages and pension, a union representative said. Staff at state-run banks, which dominate banking in India, and some private sector and foreign banks would participate in the strike, C.H. Venkatachalam, convenor of the United Forum of Bank Union, said.

900,000 employees of Indian banks plan to strike work on Aug. 6 and Aug. 7 for higher wages
Media Release
Staff at state-run banks, which dominate banking in India, and some private sector and foreign banks would participate in the strike, C.H. Venkatachalam, convenor of the United Forum of Bank Union, said.
READ MORE>>

Indian Directorate General of Civil Aviation (DGCA) threatens to take severe action against private airlines for strike on August 18 but the problem is different
Parth Sharma
The eventual solution is that these airlines have to consolidate. They rely too much on Government controlled fuel price, airport facilities and upper middle class pseudo income from America and Europe. The business model is faulty.
READ MORE>>

India starts action for getting back black money belonging to Indians from Swiss banks
Babu Ghanta
Indian Prime Minister Manmohan Singh told the Rajya Sabha on Thursday that 'action has already started' for getting back black money belonging to Indians from Swiss banks.
READ MORE>>

Pakistan, Bangladesh and other countries dumped Rs 1,80,000 crore of fake money into Indian economy
Special Correspondent
This is a new terror threat from Pakistan and other foreign nations. Indian economy faces hyper inflation because of mountains of fake money in circulation.
READ MORE>>

Air Indian cancelled the acquisition of five Boeing 777 aircrafts and also put a claim of $ 710 million on the plane-maker for its failure to deliver 27 B-787 aircrafts
Sunita Parikh
Boeing has failed to deliver its B-787 aircrafts ordered by the airline causing huge business losses to the company. The entire schedule of AI has gone haywire.
READ MORE>>

Indian food inflation at 70% per year - stagflation precedes depression just like the US economy
Babu Ghanta
Just in one week food prices are up 1.2% with skyrocketing vegetable prices, zooming fish, meet, and egg prices. On top of that transportation costs are moving up rapidly.
READ MORE>>

Russia Loses India as Second Largest Defense Customer - India will be buying American weapons
Media Release (Pravda.Ru)
From now on India will be buying American weapons. The USA and India came to such an agreement during Hillary Clinton’s visit to Delhi on July 20. India has been using Russian and Soviet weapons for 50 years.
READ MORE>>

How safe are you riding New Delhi Metro?
Anish Johar
It is scary. Is it really? I was riding the New Metro Delhi while reading about the 18 cracks that made big news today. According to Delhi Metro Rail Corporation (DMRC) officials, 18 cracks were found on pillars built for the Metro's phase II.
READ MORE>>

India will not succumb to any international pressure on committing to a legally binding agreement on cutting carbon emissions
Parth Sharma
. India plans to go ahead with her own plans on the issue irrespective of what others plan to force into the neck of India.
READ MORE>>

MORE ARTICLES >>