REAL WAGES

Despite Xi Jinping's efforts to strengthen China's military, internal corruption and challenges in military modernization hinder the country's ambitions for global dominance. The ongoing anti-corruption campaign and concerns over military capabiliti...

A book written by journalist Tom Bower has provided details of the toxic manner in which David and Victoria Beckham dealt with a crisis in their marriage. They decided to work on their marriage and resolve all the disputes.

The dollar steadied as traders awaited an interest rate decision in Canada and U.S. services data. The yen received a boost after reports of potential bond buying cuts by the Bank of Japan, leading to a rise in the Swiss franc. Japanese real wages f...

The star footballer has signed a 5-year contract with the Spanish club and is expected to still earn less than what he was making in his previous club.

Rahul Gandhi's quota cap strategy echoes Indira Gandhi's tactics on quotas from Neerja Chowdhury's book. In 1980, she guided P Shiv Shankar on handling the Mandal Commission report, emphasizing the delicate balance of quotas' impact. India in 2047 a...

Keystone Realtors, led by Boman Rustom Irani, are expanding into SOBO due to city infrastructure growth. FY25 outlook is positive, with FY24 surpassing expectations. Strong OCF, acquisitions, and partnerships contribute to the company's success. The...

The Congress has reiterated its 'Shramik Nyay' guarantees for labourers, including a national minimum wage of Rs 400 per day. Congress general secretary Jairam Ramesh criticized the BJP's '400 paar' slogan, which aims to change the Constitution. The...

Considered a stronghold of the BJP, Raju Bista, originally from Manipur, is the BJP candidate contesting for a second time. This time, there is a three-cornered fight –– Trinamool candidate Gopal Lama, a former bureaucrat and son of the soil is pitt...

Congress has alleged PM Modi caused a decline in worker wages, affecting economic growth. Ramesh cited various data sources showing stagnation under Modi's governance, contrasting with the growth during Manmohan Singh's tenure.

The UK unemployment rate rose to 4.2 percent in the three months to the end of February, up from 3.9 percent in the three months to January, the Office for National Statistics (ONS) said in a statement.

Japanese workers faced a 23rd month of falling real wages in February due to higher prices. This crucial data, monitored by the Bank of Japan, reflects consumer purchasing power and was reported by the labour ministry.

Economists suggest that rural consumption in India needs further government support and sustained capital expenditure to become broad-based in the coming quarters. The upcoming general election is unlikely to provide a significant boost to consumpti...

Toyota, Panasonic, Nippon Steel and Nissan were among some of Japan Inc's biggest names that agreed to fully meet union demands for pay hikes at annual wage negotiations that wrap on Wednesday.

Food prices have increased by 25%, taking up over 11% of income in the US. Despite inflation, people spend more in restaurants. Meanwhile, TVs, air conditioning, and car services became cheaper. This has resulted in a big drop in the standard of liv...

Employers added a robust 275,000 jobs last month, a Labor Department report showed on Friday, handily beating the 200,000 that economists expected. Still, the report's revisions of prior months' estimates showed smaller job gains in January and Dece...

"Q3 consumption growth likely to lag. K-shaped recovery continues. Industrial sector expected to perform decently. Services sector should be fine. Agri sector not expected to contribute significantly. Trade, hotel, transport, and communication may b...

In 1975, inflation in the US was fueled by high government spending on the Vietnam War, soaring oil prices due to OPEC's actions, a wage-price spiral driven by strong labor unions demanding higher wages, and loose monetary policy.

Greater mobility, higher payouts under NREGS, and lower urban wage elasticity are bringing parity between urban and rural manufacturing units. The gap between rural and urban wage growth has widened post-pandemic. The relative stickiness of urban wa...

The narrative of deepening rural distress is flawed and relies on misconstrued data about wage growth. Comparisons between different time periods fail to consider the context and statistical nuances. Nominal wage growth during the last two decades h...