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Tamil Nadu

Strike cripples banking operations in India

Banking transactions across India were paralysed Wednesday with around one million bankers striking work, affecting the clearance of around four million cheques valued around Rs.250 billion (Rs.25,000 crore), said a union leader.

2012: Indian factories lacked power to shift gears

In 2012, India promptly stepped in to bail out its cash-starved electric utilities, responsible for triggering a blackout that cut power to more than half the country’s population on July 31. But can India resolve its electricity demand-supply mismatch?

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