Gujarat Banks Stall as Thousands of Employees Join National Protest
Banking operations in Gujarat ground to a halt as around 20,000 employees walked off the job on July 9, joining a coordinated nationwide protest. Services across over 3,500 branches were paused, leading to an estimated ₹15,000 crore in delayed financial activity. While ATM withdrawals remained functional, many customers struggled with branch services, including cheque clearances and routine transactions.
Nationwide Shutdown: Workers Challenge Privatization and Price Rise
A massive Bharat Bandh paralyzed key services across India as more than 25 crore workers protested against recent privatization measures, proposed labor reforms, and the rising cost of living. The strike disrupted sectors such as public transport, postal services, and banking, especially in states like Delhi, Kerala, West Bengal, and Gujarat. Despite the widespread action, schools and essential services continued in many regions.
Blocked, Then Restored: Reuters’ India Accounts in Censorship Spotlight
The Indian government drew criticism after it reportedly ordered social platform X (formerly Twitter) to block major Reuters news accounts, including @ReutersIndia, on July 3 under Section 69A of the IT Act. The move triggered a backlash, and the accounts were unblocked by July 5. The government later claimed it hadn’t issued a new order, raising concerns over transparency and freedom of the press in the digital space.
Trade Talks with US Near Completion, Says Commerce Ministry
India is closing in on a limited trade agreement with the United States, following temporary tariff relief that expires on August 1. According to Commerce Minister Piyush Goyal, any deal will be based on India’s national interests, and sensitive sectors like pharma, agriculture, and electronics will be safeguarded. The deal is expected to ease trade tensions and strengthen bilateral relations.
Ticket Prices Revised as Railways Respond to Cost Pressures
Starting July 1, Indian Railways implemented a modest fare hike for passengers traveling in both AC and non-AC classes. Officials said the adjustment was necessary due to rising fuel costs and increased operational expenses. The fare revision is aimed at generating additional revenue to support infrastructure modernization and service upgrades across the railway network.
