Employees of public sector banks have gone on two-day nationwide strike on Wednesday opposing banking sector reforms and outsourcing of non-core activities, affecting operations.Several private sector banks, foreign banks and ATMs, however, continued to operate normally.
Modi said his government is carrying out "holistic reforms".
The Banking Laws Amendment Bill contains provisions such as raising of shareholders' voting rights from 10 per cent to 26 per cent in private banks and suppression of bank boards.
'Rich Indians don't give cash, they give gold. Why?' 'Because cash is spent by temples on prasad or doing some charitable work.' 'Gold remains intact with god,' says Aakar Patel.
Students' flagging interest in the written word is because of a generational digital divide, says Ajit Balakrishnan.
India must watch for signs after Peshawar that Pakistan is waking up to the dangers of Islamism, muses Ajai Shukla
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