Wages

The analysis is based on a common sample of 667 companies from BSE 500, BSE Mid Cap and BSE Small Cap Index excluding their listed subsidiaries

India's swelling urban middle class has been the engine of its growth for far longer than government capex has

Plans afoot to bring ceiling under ESIC on a par with EPF

The protests come at a time when Amazon India has announced its inaugural Black Friday event, running from November 29 to December 2

Some of country's biggest companies from Maruti Suzuki to consumer bellwether Hindustan Unilever have posted weaker earnings recently, saying urban middle class spending has been languishing

This is despite a fall in the share of profits to NVA and a rise in the share of wages and emoluments in 2022-23 compared to 2021-22

These workers contribute a great deal to society and should be guaranteed a fair wage, he said

The Congress on Sunday claimed that a combination of slow wage growth and "back-breaking" inflation has caused an unprecedented decline in real wages and said that like the "proverbial ostrich", the government continues to remain blind to the most fundamental challenge faced by the Indian economy. Congress general secretary in-charge communications Jairam Ramesh said a new report by a noted brokerage firm has once again shed light on the truth that the Union Government has consistently denied - real household incomes in India are facing a persistent decline. "A combination of slow wage growth and back-breaking inflation has caused an unprecedented decline in real wages (wages adjusted for price rise) and therefore incomes," he said in a statement. Ramesh pointed out that several surveys and data sets - including the Annual Survey of Unregistered Enterprises (ASUSE), the Reserve Bank of India's KLEMS data, and the Household Consumer Expenditure Survey (HCES) - have demonstrated ...

Currently, the annual salaries of non-executive independent directors of Paytm's board members runs into crores

The findings back up the central bank's argument that broadening inflationary pressures warrant raising interest rates

Around 20,000 workers are part of the group of port workers' unions, and all of them would join the strike, said Sathya Narayanan, a senior union member

Thousands of delivery drivers filed legal claims against Amazon on Tuesday, alleging the company's classification of them as independent contractors instead of employees has led to unpaid wages and other financial losses. Two law firms spearheading the action said about 15,860 Amazon Flex drivers have submitted arbitration claims with the American Arbitration Association, where 453 similar cases are already being litigated. Amazon's Flex program, which was founded in 2015, signs up drivers to deliver packages with their own cars and a special app. The company pitches the work as a flexible, part-time opportunity that allows people to earn extra income during the hours they choose. Most drivers earn $18-25 per hour, according to Amazon, though how much they get paid can depend on other factors, such as their location and how long it takes to complete deliveries. The arbitration claims submitted Tuesday were made by drivers in California, Illinois and Massachusetts, all of which have

The union, which has about 28,000 members, or more than a fifth of the company's total workforce, said it will stop work for one day on June 7

ECB policymakers needed to keep rates in restrictive territory this year to ensure that inflation kept easing

The Employment Cost Index (ECI), the broadest measure of labor costs, increased 1.2% last quarter after rising by 0.9% in the fourth quarter, the Labor Department's Bureau of Labor Statistics said

Attacking the Modi government over key issues in Karnataka, the Congress on Monday questioned the "delay" in the vital Bagalkote-Kudachi Railway line project and also asked when it is going to pay the state's MGNREGS workers their wages. Congress general secretary Jairam Ramesh posed questions to Prime Minister Narendra Modi ahead of his rally in Bagalkote in Karnataka. "Why has the Modi Government failed to deliver the Bagalkote-Kudachi Railway line? Why is the Modi Government holding up the Upper Bhadra and Mahadayi projects? When will the PM pay Karnataka's MGNREGA workers?" Ramesh said in a post on X. Elaborating on what he said were "jumla details", Ramesh said the Bagalkote-Kudachi line of the South-Western Railway has now been delayed by more than eight years. As of today, only 33 per cent, or 46 km of the 142 km line has been completed, he said. "Originally sanctioned in 2010-11 at an outlay of Rs 986 crore, the project has now seen its cost balloon to Rs 1,649 crore. ...

While the wait for a five-day week gets longer, the most interesting developments that make the agreement progressive and humane relate to leave

Upon ending negative rates, the central bank is also likely to overhaul its massive stimulus programme that consists of a bond yield control and purchases of riskier assets, they said

He added that Japan was in a "state of inflation," rather than deflation, and is likely to see prices keep rising

The daily wages paid under the flagship rural employment scheme - Mahatma Gandhi National Rural Employment Guarantee Scheme - are inadequate and not in consonance with the rising cost of living, a parliamentary panel told government on Thursday. It said this may be one of the reasons for dearth of workers under the scheme. The Parliamentary Standing Committee on Rural Development and Panchayati Raj, in a report tabled in Lok Sabha, pointed out the high range of variations in MGNREGA wages across the states. "The committee finds the range of wages vary from as little as Rs 221 in Madhya Pradesh and Chhattisgarh, Rs 224 in Arunachal Pradesh, Rs 228 in Bihar and Jharkhand to Rs 354 in the three gram panchayats of Sikkim (Gnathang, Lachung and Lachen), Rs 328 in Nicobar and Rs 311 in Andaman," it said. "Observing the quantum of wages since 2008, the committee finds the wages inadequate and not in consonance with the rising cost of living. At this juncture, the agricultural labourers an