Three global conflicts- the Israel-Iran proxy war, the Israel-Hamas war, and the Russia-Ukraine war have caused havoc. Conscription is becoming a necessity amid a shortage of regular troops. However, citizens are finding ways to avoid the mandatory military service. With civilians in strong disagreement to pick up arms, will war-hit Israel and Ukraine rely on Private Military Contractors (PMCs)? WION Decodes the story.

Future of war: Will private military contractors take over? | WION Decodes

Finance Minister Nirmala Sitharaman on Monday said that nearly 78 per cent of depositors of Punjab and Maharashtra Corporation bank are now allowed to withdraw their entire account balance.

Nearly 78% PMC bank depositors allowed to withdraw entire balance: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman has said that the Central government is making efforts to ensure better regulatory mechanism in the banking sector in the backdrop of PMC and IL&FS debt issues.

Government making efforts to ensure better regulatory mechanism in banking sector: Nirmala Sitharaman

So, it's all good to blame the system and live in denial, the most important question is - what should be done to resolve the crisis in the PMC Bank? Whatever the government does now, will amount to only damage control.

WION Edit: PMC bank scam - transparency in banking sector must be improved

Union Finance Minister Nirmala Sitharaman met customers of Punjab & Maharashtra Co-operative (PMC) Bank here on Thursday and heard their woes. Following the meeting Sitharaman while addressing a press conference here told reporters, "Finance Ministry may have nothing to do with it (PMC bank matter) directly because RBI is the regulator.

Finance Minister Nirmala Sitharaman meets PMC customers, takes cognizance of concerns

Shiromani Akali Dal (SAD) on Monday demanded that the Reserve Bank of India (RBI) should take over the operations of the Punjab and Maharashtra Co-operative Bank (PMCB) and the money of account holders should be given back to them.

Reserve Bank of India should take over Punjab Maharashtra Cooperative Bank, says Shrimoni Akali Dal leader Sirsa

The Economic Offences Wing (EOW) has frozen the bank accounts of Joy Thomas, the suspended Managing Director of the Punjab and Maharashtra Cooperative (PMC) Bank.

PMC Bank case: EOW freezes bank accounts of former MD

A group of people affected by the cash withdrawal restrictions of Punjab and Maharashtra Cooperative (PMC) Bank has threatened to boycott the upcoming Assembly elections if the issue is not resolved.

Affected by PMC bank restrictions, many threaten to boycott upcoming Assembly polls

In a relief for Punjab and Maharashtra Cooperative (PMC) Bank customers, the Reserve Bank of India (RBI) on Thursday increased the withdrawal limit from Rs 1,000 to 10,000.

RBI increases withdrawal limit from Rs 1,000 to 10,000 for PMC Bank customers

The government and Reserve Bank of India (RBI) denied reports on Wednesday that the regulator is closing down at least nine commercial banks soon. "There are mischievous rumours on social media about RBI closing some banks," said Finance Secretary Rajeev Kumar.

Social media rumours of banks shutting down false: Reserve Bank of India

The Reserve Bank of India (RBI) has restricted activities of Punjab and Maharashtra Cooperative Bank (PMC Bank) for six months and asked it to not grant or renew any loans and advances, make any investment or incur any liability, including borrowing of funds and acceptance of fresh deposits.

RBI restricts activities of PMC Bank due to heightened risks

Foreign ministers of 10-member ASEAN met for first time since the Hague ruling on maritime disputes in the South China Sea

China promises to strengthen ties with Myanmar

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