Banks to remain closed for 4 days; ATMs likely to run out of cash

Agencies
August 11, 2017

New Delhi, Aug 11: Customers won't be able to conduct bank transactions at branches for 4 days in a row as all banks will be closed for business, starting August 12 in many parts of the country.

The dates being - August 12 for second Saturday (Banks are closed on second and fourth Saturdays every month), August 13 for Sunday, August 14 for Janmashtami and August 15 for Independence Day.

Here is the list of bank holidays

-August 12 (second Saturday)

-August 13 (Sunday)

-August 14 (Monday) -Janmashtami

-August 15 (Tuesday) - Independence Day

Owing to this long closure, banking services will affect business transactions. While the banking activities will come to a halt, ATM holders will have to suffer the most since ATMs are expected to run out of cash.

Though almost all the banks have privatised cash loading in ATMs and so they have to plan stocking of cash carefully, owing to the long holidays, there could be problems of cash starvation.

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News Network
May 20,2024

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Mangaluru, May 20: In a heart-wrenching turn of events, a young man ended his life by stepping in front of a speeding train at Kolakadi railway gate near Mulky, following the tragic suicide of his beloved girlfriend. This sorrowful incident unfolded on Sunday casting a pall of grief over their families and the community.

The Victims of Love

The deceased, Kartik Poojary, a 20-year-old mechanic, had returned to his home in Molottu on Saturday after working in Chitradurga. Kartik lived with his mother and grandmother in Molottu, and had recently started working at a relative’s garage.

Kartik’s heart belonged to his collage mate Sharanya, 19, daughter of Harish Kotyan. Their love, blooming in their teenage years, faced the stern disapproval of their parents due to their young age. Although their parents had reluctantly agreed to their union through a legal bond to marry once they reached the appropriate age, fate took a cruel turn.

The Cruel Twist of Fate

In a sudden decision, Sharanya's parents withdrew her from college and sent her away to Moodbidri. Overwhelmed by despair and separation, Sharanya ended her life by hanging herself at home while her family was away on Friday. Her death was a blow too harsh for Kartik to bear.

A Grief Too Heavy to Bear

Kartik, shattered by the news of Sharanya’s death, hurried back to his home in Molottu on Saturday. The following morning, with his mother away in Kerala on urgent business, Kartik's grief culminated in his tragic decision. He walked to the railway tracks at Kolakadi and succumbed to his sorrow under the wheels of a passing train.

The Aftermath

The Mulky police, led by Inspector Vidyadhar, arrived at the scene and registered a case. The community is left mourning the untimely deaths of two young lives intertwined by love and separated by an unkind twist of fate.

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News Network
May 8,2024

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Congress leader Sam Pitroda has stepped down from the post of Chairman of the Indian Overseas Congress and his resignation was accepted by the party. Congress leader Jairam Ramesh took to X and announced that Sam Pitroda had decided to resign from the key post "of his own accord".

Pitroda had been under fire over his controversial remark that Indians in the East resemble the Chinese while those in the South look like Africans.

"We could hold together a country as diverse as India -- where people on East look like Chinese, people on West look like Arab, people on North look like maybe White and people in South look like Africans. It doesn't matter. We are all brothers and sisters," Pitroda said during an interview with The Statesman.

The Congress immediately distanced itself from Pitroda's remarks, terming them "unacceptable".

"The analogies drawn by Mr Sam Pitroda in a podcast to illustrate India's diversity are most unfortunate and unacceptable. The Indian National Congress completely dissociates itself from these analogies," Jairam Ramesh said in a post on X.

The BJP also hit out at the Congress over Pitroda's remarks and termed them "racist and divisive".

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News Network
May 19,2024

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A helicopter carrying Iranian President Ebrahim Raisi suffered a “hard landing” on May 19, Iranian state media reported, without immediately elaborating.

Mr. Raisi was traveling in Iran’s East Azerbaijan province. State TV said the incident happened near Jolfa, a city on the border with the nation of Azerbaijan, some 600 kilometers (375 miles) northwest of the Iranian capital, Tehran.

Traveling with Raisi were Iran’s Foreign Minister Hossein Amirabdollahian, the governor of Iran’s East Azerbaijan province and other officials, the state-run IRNA news agency reported. One local government official used the word “crash” to describe the incident, but he acknowledged to an Iranian newspaper that he had yet to reach the site himself.

Neither IRNA nor state TV offered any information on Mr. Raisi’s condition.

Rescuers were attempting to reach the site, state TV said, but had been hampered by poor weather conditions. There had been heavy rain and fog reported with some wind. IRNA called the area a “forest.”

Mr. Raisi had been in Azerbaijan early Sunday to inaugurate a dam with Azerbaijan’s President Ilham Aliyev. The dam is the third one that the two nations built on the Aras River. The visit came despite chilly relations between the two nations, including over a gun attack on Azerbaijan’s Embassy in Tehran in 2023, and Azerbaijan’s diplomatic relations with Israel, which Iran’s Shiite theocracy views as its main enemy in the region.

Iran flies a variety of helicopters in the country, but international sanctions make it difficult to obtain parts for them. Its military air fleet also largely dates back to before the 1979 Islamic Revolution.

Mr. Raisi, 63, is a revolutionary who formerly led the country’s judiciary. He is viewed as a protégé of Iran’s Supreme Leader Ayatollah Ali Khamenei and some analysts have suggested he could replace the 85-year-old leader after his death or resignation from the role.

Mr. Raisi won Iran’s 2021 presidential election, a vote that saw the lowest turnout in the Islamic Republic’s history. Raisi is sanctioned by the U.S. in part over his involvement in the mass execution of thousands of political prisoners in 1988 at the end of the bloody Iran-Iraq war.

Under Mr. Raisi, Iran now enriches uranium at nearly weapons-grade levels and hampers international inspections. Iran has armed Russia in its war on Ukraine, as well as launched a massive drone-and-missile attack on Israel amid its war against Hamas in the Gaza Strip. It also has continued arming proxy groups in the Mideast, like Yemen’s Houthi rebels and Lebanon’s Hezbollah.

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