logo
Bharat Bandh today: Is it a bank holiday today in Bengaluru, Delhi, Hyderabad and more states due to strike

Bharat Bandh today: Is it a bank holiday today in Bengaluru, Delhi, Hyderabad and more states due to strike

Time of India09-07-2025
Are banks open or closed today on July 9, 2025?
Bank holidays in July 2025
Academy
Empower your mind, elevate your skills
Upcoming bank holidays in July 2025
Bank holidays in July 2025
Jul-25 3 5 14 16 17 19 28 Agartala • • Ahmedabad Aizawl Belapur Bengaluru Bhopal Bhubaneswar Chandigarh Chennai Dehradun • Gangtok • Guwahati Hyderabad Imphal Itanagar Jaipur Jammu • Kanpur Kochi Kohima Kolkata Lucknow Mumbai Nagpur New Delhi Panaji Patna Raipur Ranchi Shillong • • Shimla Srinagar • Thiruvananthapuram Vijayawada
Holiday Description Day Kharchi Puja 3 Guru Hargobind Ji's Birthday 5 Beh Deinkhlam 14 Harela 16 Death Anniversary of U Tirot Singh 17 Ker Puja 19 Drukpa Tshe-zi 28
Many bank customers are confused if the banks are open or closed today due to reports of Bharat Bandh . Several central trade unions, in collaboration with farmer and rural labourer groups, have called for a nationwide strike, known as "Bharat Bandh". The protest aims to oppose government policies that, according to the unions, favor corporations at the expense of workers' rights.According to a Times of India report, " All India Trade Union Congress 's Amarjeet Kaur said, "More than 25 crore workers are expected to take part in the strike. Farmers and rural workers will also join the protest across the country." Harbhajan Singh Sidhu of Hind Mazdoor Sabha added, "Banking, postal, coal mining, factories, state transport services will be affected due to the strike."Banks will remain open on July 9, 2025 unless it is specified as a holiday in the Reserve Bank of India's (RBI) holiday list. Bank holidays in India are published by RBI and it varies depending on the state.Banks will be closed on occasions such as Kharchi Puja, Guru Hargobind Ji's Birthday, Beh Deinkhlam, Harela, Death Anniversary of U Tirot Singh, Ker Puja, Drukpa Tshe-zi depending on the state.Banks will be closed in Meghalaya on the occasion of Beh Deinkhlam on July 14, 2025.Banks will be closed in Uttarakhand on the occasion of Harela on July 16, 2025.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Flexible inflation targeting helps anchor inflation expectations: RBI study
Flexible inflation targeting helps anchor inflation expectations: RBI study

Business Standard

time2 hours ago

  • Business Standard

Flexible inflation targeting helps anchor inflation expectations: RBI study

The transition to flexible inflation targeting (FIT) regime has helped in anchoring inflation expectations, a study authored by the Reserve Bank of India (RBI) staff noted. The study was released in July's bulletin. According to the study, Indian households' inflation expectations remain elevated even in periods of price stability, compared to those of professionals. Demographic factors such as gender, age, and professional background play significant roles in inflation expectations. Notably, men, older individuals (45 and above), self-employed, and daily workers, who often operate on variable incomes, exhibit higher inflation expectations, the study said. In contrast, younger and salaried individuals are more attuned to realised inflation dynamics, likely reflecting their exposure to financial and social networks. The study highlighted that transition to the FIT regime along with timely fiscal interventions, such as export bans and lower import duties, and moderating inflation levels has contributed to decline in the levels of expectations. However, supply shocks and global inflation shocks, induced by the pandemic and geopolitical tensions, have elevated inflation expectations, particularly across headline, food and housing categories, the study said. It added that high food inflation during periods of high inflation may keep the expectations elevated, even as headline matters more for inflation expectations. 'Nonetheless, most recently, as inflation has been showing signs of easing, expectations of households have also come down,' the study said. It also highlighted that macroeconomic shocks, especially volatility of food price, play a prominent role in influencing short-term (up to one-year ahead) household expectations, especially during adverse weather conditions. While households may rely on personal perceptions and economic conditions in the short term, they give greater weight to inflation history (life experiences) and monetary policy in the long term, highlighting the critical role of policy in anchoring inflation expectations, the report noted.

Currency in circulation up 7.2% on YoY basis
Currency in circulation up 7.2% on YoY basis

Business Standard

time4 hours ago

  • Business Standard

Currency in circulation up 7.2% on YoY basis

The Reserve Bank of India (RBI) has reported that currency in circulation edged down 0.4% on the week to stand at Rs 38.11 lakh crore as on July 11, 2025. The central bank stated further that the overall reserve money gained 0.8% on the week to Rs 49.64 lakh crore. Currency in circulation gained 7.2% on a year ago basis compared to 6.4% increase at the same time last year. In the current fiscal year, the currency in circulation rose 2.3% so far while the reserve money has gained 2.8%.

Net FDI tumbles around 98% in May-25 on YoY basis
Net FDI tumbles around 98% in May-25 on YoY basis

Business Standard

time4 hours ago

  • Business Standard

Net FDI tumbles around 98% in May-25 on YoY basis

Reserve Bank of India (RBI) stated in a latest update that Gross inward FDI amounted to US$ 7.2 billion in May 2025, lower than US$ 8.7 billion in April 2025 and US$8.1 billion in May 2024. Singapore, Mauritius, the UAE and the US together accounted for more than three-fourths of total FDI inflows in May 2025, with manufacturing, financial and computer services being the top recipient sectors. RBI noted that both repatriation of FDI and outward FDI increased on a y-o-y basis. Together, these movements resulted in muted net FDI inflows of US$ 0.04 billion in May 2025, as against US$ 2.2 billion in May 2024, marking a tumble of 98.18%.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store