Government Jobs

Repeal Labour Codes or be prepared for general strike on 12 Feb: Trade unions

On 9 January 2026, ten Central Trade Unions (CTUs) got together and decided to call for a general strike on 12 February 2026. Why? They want the Central government to withdraw the Labour Codes. If it fails to repeal the same at once the CTUs will go on an indefinite strike. As per the trade [...] The post Repeal Labour Codes or be prepared for general strike on 12 Feb: Trade unions appeared first on HR Katha .

Government Jobs

Bank holiday on Swami Vivekananda's birth anniversary: Will banks remain shut on January 12? Check state-wise list

Banks will observe multiple holidays in January 2026, including regional festivals and national observances. Key closures include Swami Vivekananda's birth anniversary on January 12 in West Bengal and Republic Day nationwide on January 26. Customers should plan financial activities accordingly, as only digital services will be available on these days.

Government Jobs

Mortgage bonds return to spotlight as White House targets housing relief

The Trump administration is set to buy mortgage-backed securities. This move aims to counter the Federal Reserve's reduction of its bond holdings. The goal is to stabilize the mortgage market. The Federal Housing Finance Agency will purchase bonds from Fannie Mae and Freddie Mac. This initiative seeks to ease housing affordability pressures.

Government Jobs

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

Federal Reserve Chair Jerome Powell revealed the Justice Department issued subpoenas and threatened criminal indictment over his testimony on building renovations. Powell characterized the charges as "pretexts" to undermine the Fed's independence in setting interest rates, a move drawing concern from a Republican senator about the DOJ's credibility.

Government Jobs

Budget 2026: CII seeks rolling, 3-year pipeline for privatisation

Budget FY26 expectations: The Confederation of Indian Industry suggests a three-year plan for selling stakes in government companies. This strategy aims to speed up privatisation. The industry body estimates a significant amount could be raised to fuel development. The proposal includes gauging investor interest first and then prioritising companies.