n18
NEWS|Current Affairs 
   |

New Delhi: Services in public sector banks across the country have been affected as their employee unions are on a two-day nation-wide strike from Monday demanding higher salaries. Over 8 lakh employees in all PSU banks are on strike which has crippled most business and commercial activities across the country. Many public sector banks including the State Bank of India employees have also joined the strike. During the conciliation meeting held on February 6 before the Chief Labour Commissioner, the IBA did not come up with any improvement in the wage offer of 10 per cent hike in the pay package, United Forum of Bank Unions (UFBU) Convener MV Murali said. As conciliation proceedings remained inconclusive, he said, UFBU has decided to go on two day nation-wide from February 10. Banks including country's largest lender State Bank of India have informed customers in advance about the likely inconvenience they could face due to the strike. Private sector players such as ICICI Bank, HDFC Bank and Axis Bank are expected to function normally. All India State Bank Officers' Federation and All India State Bank of India Staff Federation, being part of UFBU will, also participate in the strike, SBI said in a statement. General Secretary of National Organisation of Bank Workers, Ashwini Rana said as the offer made by bank management is not in line with the rising inflation, the unions are compelled to protest. Staff of public sector banks had gone on a day's strike nationwide on December 18, after the discussions with IBA on wage revision had failed on December 14. The wage revision of public sector bank employees has been due since November 2012. UFBU is an umbrella organisation of nine bank employees and officers unions. There are 27 public sector banks in the country with employees strength of about 8 lakh. There are about 50,000 branches of these banks across the country.

Judge eases limits on U.S. nurse who treated Ebola patients

from firstpost

Judge eases limits on U.S. nurse who treated Ebola patients

FORT KENT Maine (Reuters) - A Maine judge on Friday imposed limited restrictions on an American nurse who treated Ebola patients in Sierra Leone and rejected a bid by state officials for more stringen...


Army chief takes power after Burkina president bows to protests

from firstpost

Army chief takes power after Burkina president bows to protests

OUAGADOUGOU (Reuters) - The head of Burkina Faso's armed forces took power on Friday after President Blaise Compaore resigned amid mass demonstrations against an attempt to extend his 27-year rule in ...

Air strikes hit Kobani as Kurdish peshmerga prepare to enter

from firstpost

Air strikes hit Kobani as Kurdish peshmerga prepare to enter

SURUC Turkey/BAGHDAD (Reuters) - U.S.-led air strikes hit Islamic State positions around the Syrian border town of Kobani on Friday in an apparent bid to pave the way for heavily-armed Iraqi Kurdish p...

Mali Ebola victim had contact with 141 people, 57 still sought

from firstpost

Mali Ebola victim had contact with 141 people, 57 still sought

GENEVA (Reuters) - A 2-year-old girl who brought Ebola to Mali may have had contact with as many as 141 people, 57 of whom have yet to be traced, according to health experts concerned the disease coul...

Odisha chit fund scam: CBI books BJD MLA for links with Artha Tatwa group

from firstpost

Odisha chit fund scam: CBI books BJD MLA for links with Artha Tatwa group

Bhubaneswar: The CBI on Friday arrested a ruling BJD MLA in Odisha for his alleged complicity with Artha Tatwa Group chief Pradip Sethy, who has duped thousands through a chit fund scam in the state.T...

Panel on Railways invites recommendations to Railways Bill

from firstpost

Panel on Railways invites recommendations to Railways Bill

New Delhi: Parliamentary Standing Committee on Railways has invited suggestions and views from the public, NGOs, experts and stakeholders on The Railways (Amendment) Bill, 2014. The Bill to amend...

Whoever slaughters a cow violates the law: U'khand Governor Aziz Qureshi

from firstpost

Whoever slaughters a cow violates the law: U'khand Governor Aziz Qureshi

Nainital: Uttarakhand Governor Aziz Qureshi on Friday spoke against cow slaughter, saying that such a practice is in violation of law and an issue to which sentiments of crores of people are attached....