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RSS' labour wing opposes bank merger, says govt hasn't learnt from earlier mistakes -Ramesh Babu

-Hindustan Times The Bharatiya Mazdoor Sangh (BMS) said it will support the agitation being planned by United Front of Banking Unions against the government’s decision to merge ten banks. Thiruvananthapuram: The Bharatiya Mazdoor Sangh (BMS), labour wing of the RSS on Saturday criticised the bank merger plan announced by Union Finance Minister Nirmala Sitharaman saying it was done without any study and it will only protect interests of corporate houses. “No serious...

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Will foreign companies now 'loot' India's coal? -Abir Dasgupta & Paranjoy Guha Thakurta

-Newsclick.in Allowing 100% FDI in coal mining is raising apprehensions that foreign companies will now ‘plunder’ mineral resources for commercial purposes for sale in the open market. The Narendra Modi government’s decision to allow 100% foreign direct investment (FDI) in coal mining has been opposed by the Left on the ground it would enable multinational mining companies to “plunder” the country’s mineral resources. Those supporting the move, however, argue that foreign investment in...

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A more precarious citizenship -Sanjib Baruah

-The Indian Express India is unlikely to deport to Bangladesh people who fail NRC test. But the millions who will become non-citizens will have fewer rights The phrase “India’s internal matter” has featured prominently in the country’s diplomacy in recent days. It cropped up repeatedly in the government’s responses to the international fallout of the moves on Jammu and Kashmir: To scrap Article 370 and downgrade the state to a Union...

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Pear, apple harvest rotting in Kashmir, say Panchayat members from Valley

-PTI Their pear and apple harvest rotting, ration and cash running out — people in several parts of Kashmir are facing financial hardships due to the ongoing shutdown in major parts of the Valley, say three panchayat members from the region. Hailing from Anantnag district of south Kashmir, Talib Hussain, along with fellow panchayat member Iqbal Ahmed and Mumtaz Ahmed Khan, said they were in the national capital to let the...

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Public sector banks merger: Modi govt to announce big bang plan soon -Arup Roychoudhury & Somesh Jha

-Business Standard Finance ministry has called a meeting with chief executives of ten public sector banks, on Friday The National Democratic Alliance (NDA) government has readied its mega plan for merging multiple set of public sector banks (PSB) and is set to make an announcement anytime soon, according to multiple sources. The department of financial services in the finance ministry has called a meeting with chief executives of ten public sector banks, which...

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