New Delhi, Sep 20 (ANI): The tapering trends in Indian economy urgently demands deepening of economic reforms so as to stabilise the dwindling economy of the country. India___s Finance Secretary Arvind Mayaram stated this while interacting with the mediapersons in New Delhi. Earlier on Wednesday (September 18) the US Federal Reserve announced that it will continue with its monthly $85 billion bond buying programme and wait for more evidence of growth recovery. He also assured that the Indian government is working for the growth recovery and normalisation of the Indian currency.
In yet another sign of a conflict of interest between trade unions and corporates, Vishwa Kalyan Kamagar Sanghatana (VKS) — the trade union representing the workers of Bajaj Auto — on Wednesday, January 4, threatened to go on a two-day strike at Akurdi plant in Pune starting January 7 to protest against, what the union said, “anti-worker activities” of the Bajaj Auto management.Royal Enfield two-wheeler sales rise in December; Bajaj Auto posts fallThe union said in a letter to Bajaj Auto Managing Director Rajiv Bajaj: “It will undertake a hunger strike at the Shahid Datta Padale statue, opposite Bajaj Auto gate, Akurdi, on 7-8 January against anti-workers and anti-union activities of the Bajaj management.”The union demanded that eight workers fired two years back apparently on the charges of serious misconduct be reinstated. Further, it also alleged that active members were deliberately transferred and were given false charge sheets and show-cause letters by the company management.”The management is harassing our active members. They are issuing show-cause notices and even transferring workers. Besides, the issue of eight dismissed workers is yet to be settled,” Vishwa Kalyan Kamgar Sanghatana president Dilip Pawar told PTI.Additionally, Pawar said the workers are also dissatisfied because the wage-review process, which was due effective April 1, 2016, is yet to be finalised.In response, Baja Auto Executive Director Pradeep Shrivastava refused to discuss and take back the issue of dismissed workers. He said: “Only wages can be discussed.” In October 2016, the two-wheeler maker had offered workers a hike ranging from Rs 10,000 to Rs 11,500 to be paid over three years in three instalments. Shrivastava added that 100 per cent of the workers had accepted that offer.Production at the plant will not be affected by this call for a hunger strike, he said.At around 10:20 am on Thursday, January 5, Bajaj Auto stock was trading at Rs 2693 on the NSE. Most recently, the automaker launched the Pulsar 400, which is expected to rival Royal Enfield.In 2016, the stock has given a return of 8.08 per cent. Almost 10 mutual fund houses have invested in the stock, according to brokerage IIFL.
Kolkata: The state government has not given any order to suspend screening of the film The Accidental Prime Minister, Indranil Sen, minister of state for Information and Cultural Affairs, said on Friday.The matter came to front after the authorities of Hind Inox suspended the first show of the film, following a protest by Youth Congress supporters in front of the cinema hall. However, the second show was screened on time. Youth Congress supporters led by Suman Pal staged a demonstration outside the movie theatre on Friday afternoon. They raised slogans against Prime Minister Narendra Modi and burnt his effigy. The screening of the first show was in progress when the incident took place. The authorities of Hind Inox suspended the show for the safety and security of the employees. Also Read – 3 injured, flight, train services hit as rains lash BengalThe protest by Youth Congress supporters has revealed infighting in the camps of Somen Mitra, PCCI chief and Adhir Chowdhury, the former PCCI head. Pal, who led the protest, is believed to be a close aide of Adhir Chowdhury. Rohan Mitra, vice-president of Youth Congress, said no step was taken by Congress to suspend screening of the film. Congress has always believed in freedom of speech and so there is no question of suspension of screening of the film.