Economy

AICC Press Briefing By Pawan Khera at Congress HQ on Rafale Deal Scam

AICC Press Briefing By Pawan Khera at Congress HQ on Rafale Deal Scam

Bank employees worried even after two years of notes ban

Even after two years of notes ban, no payment was made in lieu of working for the bank employees till late at that time. Employees paid money to people from their pockets during notes ban but government did not pay that money to employees and they are still helpless. The National Organization of Bank Workers (NOBW) has described this problem.

Ashwani Rana, vice president of this organization of bank employees, said, "The pain of notes ban has been taken by everyone. Its worst hit is on the bank staff. They worked in banks till late in the night. They did not get the leave and they lost their money, they were filled with their pockets, but the sad fact is that even after two years have passed, they have not been paid for their extra work.''

Rana said, "Not only overtime, the employees' wages agreement should have been implemented from 1 November 2017, it has not yet happened. The Indian Bank Association held a number of meetings for it but proposed only six percent increase, which is very low and shameful.

Crude oil at the bottom of the seven-month low, came down to $ 70 a barrel

Crude oil fell below the level of $ 70 a barrel on Friday before the proposed meeting of the major producers of crude oil in Abu Dhabi. This is the lowest level of seven months.

In morning deals, Brent Crude (North Sea) fell to $ 69.13 a barrel for January delivery in London. Crude oil has come down from $ 70 a barrel for the first time since April 2018. West Texas Intermediate fell to low level of $ 59.28 a barrel after the February in New York.

This fall has come at a time when OPEC and non-OPEC major crude oil producing nations are scheduled to meet in Abu Dhabi on Sunday to discuss possible reduction in production in view of the fall in prices.

Crude oil reached the highest level of four years in October. Crude oil prices have fallen due to the increasing of production, slowing China's economic growth and easing concerns of the ban on Iran. Crude oil has softened even with the signs of rising stores in the US. The US has decided to give concession eight countries including China, India and Japan with a ban on Iran this week. This has reduced prices too.

AICC Press Briefing By Pawan Khera at Congress HQ on Petrol Price Hike

AICC Press Briefing By Pawan Khera at Congress HQ on Petrol Price Hike

AICC Press Briefing By Randeep Singh Surjewala at Congress HQ on Fuel Price Cut

AICC Press Briefing By Randeep Singh Surjewala at Congress HQ on Fuel Price Cut

Rafale Scam: Randeep Singh Surjewala addresses media after meeting of Congress delegation with CAG

Rafale Scam: Randeep Singh Surjewala addresses media after meeting of Congress delegation with CAG

Rafale Scam: Anand Sharma addresses media after meeting of Congress delegation with CAG

Rafale Scam: Anand Sharma addresses media after meeting of Congress delegation with CAG

Corruption in Rafale deal, JPC should be formed to investigate the deal: Rahul Gandhi

Corruption in Rafale deal, JPC should be formed to investigate the deal: Rahul Gandhi

Congress President Rahul Gandhi on Rafale Deal Scam

Congress President Rahul Gandhi on Rafale Deal Scam

BJP Betrays Farmers : AICC Press Briefing By Randeep Singh Surjewala at Congress HQ

BJP Betrays Farmers : AICC Press Briefing By Randeep Singh Surjewala at Congress HQ