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Wage hike refused by LIC employee unions
The employees’ union of LIC has rejected the government’s offer of a 14% wage hike, demanding at least a 25% increase. Citing the company’s strong financial performance, All india national life insurance employees federation (AINLIEF) along with other unions…
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India’s Petroleum Exports to Europe Plummet Amid Red Sea Crisis
In January 2024, India experienced a significant decrease in its petroleum product exports to Europe, reaching an 18-month low. This decline was primarily due to security concerns in the Red Sea region, leading tankers to avoid the Suez Canal…
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Electoral Bond Scheme Declared Unconstitutional by Supreme Court of India
The Supreme Court of India has declared the electoral bond scheme introduced by the government as unconstitutional, arbitrary, and violative of Article 14 of the Indian Constitution. The scheme allowed corporations and individuals to anonymously donate money to political…