Bandh Losses

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  Massive Farmer Protests In Punjab, Haryana, Parts Of UP Over 3 Bills

  Over 265 farmers' groups took to the streets today to block roads and carry out rallies and marches in a nationwide agitation against the controversial farm bills. The protests will intensify, the farmers said, unless the bills are repealed. Opposition parties like the Congress, the RJD and the Trinamool, as well as 10 central trade unions, have vo...

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  Andhra Pradesh Cuts Petrol, Diesel Prices By Rs 2 Per Litre

  Andhra Pradesh Chief Minister Chandrababu Naidu has announced a reduction of Rs 2 per litre on fuel prices, effective tomorrow. The loss of revenue from taxes will cost the exchequer up to Rs 1,120 crore, it is estimated.

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  Mamata Banerjee Assures Trade Bodies of Compensation for Loss on Bandh

  West Bengal government today assured trade bodies that it will compensate in case of any damage or loss to open shops during bandh on September, an official of a retailers trade body said after a meeting chaired by Chief Minister Mamata Banerjee.

• Bharat bandh Day 2: 100 arrested for violence in Noida

  The Uttar Pradesh police, badly outnumbered during violence and vandalism in Noida yesterday, were out in full force today, the second day of the Bharat bandh or strike. They have so far registered 64 cases and arrested 100 people, for the violence, which factory owners claim caused losses of about Rs 600 crore.

• Bharat bandh losses may mount to Rs 26,000 crore: Assocham

  "Against initial estimates of Rs 15,000-20,000 crore, the GDP may be eroded by about Rs 26,000 crore," the industry body said in a release.

• Bharat bandh: losses estimated at 26,000 crore; factories, cars attacked in Noida

  The two-day Bharat bandh called by 11 major trade unions from today paralysed banking services across the country and shut down public transport in cities. Industry body Assocham said that the loss to GDP could be about Rs 26,000 crore, higher than its initial estimate of Rs 15,000-20,000 crore. Factories in Noida came under attack and a trade unio...

• Bharat bandh: Assocham raises GDP loss estimate to Rs 26,000 crore

  The first day of a two-day strike called by major trade unions had a worse-than-expected impact on industry, leading industry association Assocham to revise upwards its GDP loss estimate from the strike to Rs 26,000 crore. Here are the top 10 developments:

• Bharat bandh shuts down banking, public transport; violence erupts in Noida

  The two-day Bharat bandh called by 11 major trade unions from today paralysed banking services across the country and shut down public transport in cities. Factories in Noida came under attack and a trade union activist died in violence in Ambala. Union Minister V Narayanasamy appealed to the unions to call off their strike, which industry body Ass...

• 10 reasons why workers are on a two-day strike

  Major trade unions began a two-day strike on Wednesday to protest high inflation, fuel price increase and what they say are violations of labour laws. The strike called by 11 major trade unions severely impacted banking services and crippled public transport in cities. Trade unionists said 10 crore workers will be taking part in the strike. Industr...

• Bandh sees lead role for Mulayam, losses of 12,500 crores says industry

  Large parts of India where the Congress is not in power were hit today by a strike or bandh against the government's recent decisions to increase diesel prices, and allow Foreign Direct Investment or FDI in multi-brand retail. Industry assocation CII says the strike causes losses of 12,500 crores because of the disruption in production and trade....

• Bharat bandh caused losses of 12,500 crores, says industry association

  The nation-wide strike against the government decision to allow foreign direct investment (FDI) in multi-brand retail and hike diesel prices is estimated to cause losses of Rs.12,500 crore (2.25 billion USD) to the Indian economy, the Confederation of Indian Industry (CII) said on Thursday.

• Strike causing economic losses, won't roll back, says govt

  Criticising the nationwide agitation against FDI reforms, the government today blamed the parties behind the protest for causing economic losses and made it clear that there will be no backtracking on the reforms as the country needs "massive" growth.

• Bandh impact: At Rs 300 crore, Mumbai is the biggest loser

  The nation-wide bandh called by the NDA yesterday crippled the commercial capital of the country, causing it to incur losses worth Rs 270-300 crore. MiD DAY spoke to economists, who revealed that the city has a population of approximately 20 million, of which about eight million account for the workforce.

• Mumbai to lose Rs 300 crore during bandh

  The Bharat bandh called by the Opposition to protest against rising prices has not only crippled the commercial capital of India, but will lead to a staggering Rs 300 crore loss in revenue.

• Bandh costs India nearly 2,000 crores: Early estimate

  The Bharatiya Janata Party (BJP) has described today's Bharat Bandh as "unprecedented".  Early estimates suggest the bandh has cost India more than a thousand crores.  Bihar: 50 crores in losses from bandh, say industry sourcesLucknow: Industry losses estimated at 250-300 crores; additional losses of 120 crores for shops and small busines...