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Banks to remain open on Monday as unions call off 3-day strike after IBA assurance

New Delhi, Sep 28 (PTI) Regular banking operations will continue on Monday after the bank unions called off their three-day nationwide strike following an assurance from the Indian Banks’ Association (IBA) on their demands for a five-day work week and other issues. The strike, scheduled from Monday until September 30, was called by the United Forum of Bank Unions (UFBU). The bank unions, late on Sunday night, called off their strike after the IBA assured them to look into their demands, including declaring all Saturdays as holidays. “A high-level committee of the IBA and UFBU will be formed immediately to

Rupee falls 20 paise to 95.95 against US dollar in early trade

Rupee falls 20 paise to 95.95 against US dollar in early trade

Mumbai, Sep 28 (PTI) The rupee depreciated 20 paise to 95.95 against the US dollar in early trade on Monday, as the greenback strengthened further and foreign fund outflows continued unabated amid the ongoing West Asia conflict. Forex traders said elevated global crude oil prices put further pressure on the local unit. At the interbank foreign exchange market, the rupee opened at 95.89 against the American currency and lost further ground to touch 95.95 against the American currency, registering a loss of 20 paise from its previous closing level. On Friday, the rupee appreciated 24 paise to close at 95.75

Sensex tanks 730 points amid surging crude oil prices, geopolitical uncertainties

Sensex tanks 730 points amid surging crude oil prices, geopolitical uncertainties

Mumbai, Sep 28 (PTI) Benchmark indices Sensex and Nifty tumbled in early trade on Monday amid surging crude oil prices, geopolitical uncertainties and a weak trend in Asian markets. Foreign fund outflows also hit investors’ sentiment during the initial trading. The 30-share BSE Sensex tanked 730 points to 73,170.12 in early trade. The 50-share NSE Nifty dropped 231.50 points to 22,908.95. All the 30 Sensex firms were trading lower. Bajaj Finance, Kotak Mahindra Bank, HDFC Bank, Bajaj Finserv, Hindustan Unilever, Mahindra & Mahindra, Larsen & Toubro and Bharat Electronics were the major laggards. Brent crude, the global oil benchmark, traded

Feeling the burn? It’s not lactic acid

Edinburgh (UK), Sep 28 (The Conversation) If you’ve ever pushed yourself through a hard workout, you’ve probably “felt the burn.” It’s that familiar sensation of pain and exhaustion in the muscles, where they almost feel like they’re on fire. This feeling has long been said to be caused by a build-up of lactic acid in the muscles. In fact, this remains a common explanation from recreational exercisers to elite athletes. But this belief is wrong – and lactic acid actually has nothing to do with the burn we feel when we exercise. The origins of the lactic acid myth go

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