The average salary hike of top-paid chief executive officers (CEOs) in four countries, India, the USA, the UK and South Africa, was 9 per cent, but the workers in these countries saw their salary dip by 3.19 per cent, an analysis by Oxfam on International Workers' Day on May 1 showed. Based on data from the International Labour Organisation (ILO) and government agencies, the analysis also showed that workers in these countries worked "for free" for six days last year because their wages lagged behind inflation. One billion workers in 50 countries took an average pay cut of $685 in 2022, a collective loss of $746 billion in real wages, compared to if wages had kept up with inflation, it said.
Alpine's target is to fight for the championship within 100 races of the start of Formula One's new rules era, which will begin with the season-opening Bahrain Grand Prix on March 20.
A 50-year-old Spanish extreme athlete has emerged from spending 500 days living 70-metres deep in a cave outside Granada with no contact with the outside world.
Indian software giant, Wipro said on Thursday that it was developing a low-cost computer that would run on low power and would have inbuilt source of two hours of standby power supply.
Infla-dating can be exciting and fun, but it's important not to get in over your head financially, suggests Sybil Shiddell, country manager India, Gleeden, a discreet extra marital dating Web site.
The printing of one-rupee notes was discontinued in 1994.
Medical seats for under-graduates and post-graduates remaining vacant in the NEET era, together with the Centre 'freezing' the number of medical colleges and seats in (Dravidian) Tamil Nadu and the launch of the PM's 'Vishwakarma Scheme' for the nation's craftsmen, are all seen as a bid to further reverse the state's progressive socio-economic agenda of and its achievements of the past hundred-plus years, argues N Sathiya Moorthy.
Google will lay off 12,000 jobs across the globe, its CEO Sundar Pichai announced on Friday, becoming the latest tech giant after Microsoft, Facebook and Amazon to retrench staff en mass amid the global economic downturn. In an email to employees, the Indian-origin CEO said: "I have some difficult news to share. We've decided to reduce our workforce by approximately 12,000 roles." Pichai said the layoffs at Google were carried out after a "rigorous review" of its operations.
He said the Maharashtra government was providing all possible assistance to those affected.
Tourism is badly affected. Entire apple orchards have been washed away. 2 million people are threatened with loss of livelihood.
Gold prices hit record high in the third week of March as fears of bank collapses and high inflation led investors to the traditional safe haven. Gold prices are often inversely correlated to dollar strength because the international price is dollar-denominated. The Federal Reserve's (Fed's) stance indicates that the dollar may appreciate further since it is prepared to keep pushing up policy rates. But demand for gold is also up - the World Gold Council claims central banks are buying in addition to private demand.
Nagpur-based Slum Soccer is transforming the lives of slum children with the help of football, writes Geetanjali Krishna.
Prime Minister Narendra Modi on Monday said that Chief Minister Ashok Gehlot has already 'accepted defeat' by requesting him not to stop schemes initiated by the Congress in Rajasthan, and gave a guarantee that the Bharatiya Janata Party will not stop any scheme but only try to improve it.
'He will always live in the hearts of the millions of children who have studied in schools and colleges established by him and the faithful Hindus to whom he was a symbol of the invincible spirit of glorious Hindu Dharma,' says Tarun Vijay.
Syed Firdaus Ashraf/Rediff.com attended the Congress president's rally in Mumbai on Friday, and explains why people who came with high hopes left disappointed.
Education finance is a complex and dynamic sector. There are too many variables -- the course, the calibre of students, the universities, and the job prospects once the course is over, notes Tamal Bandyopadhyay.
London has become the world's most expensive city to live and work, overtaking Asian hotspot Hong Kong, according to study by real estate adviser, Savills.
Why life for an average Indian is a real struggle right from morning till evening or even mid night as compared to his counterparts in the west. Take a look...
'If the authorities go about completing this project the way they have proposed, this is going to cause a HUGE environmental impact not only on Malabar Hill but also on the rest of the city.'
'Ours is a disaster movie with no big stars, songs or commercial ingredients.' 'Yet, it is Malayalam cinema's highest grosser.'
Amid spiralling coronavirus cases in the national capital, a banquet hall in central Delhi's Daryaganj has become the first such facility to be turned into a COVID-19 care centre. The facility has been linked with Lok Nayak Jai Prakash Narayan Hospital, the biggest COVID-dedicated hospital in Delhi. Shehnai banquet hall, the 100-bed facility, will have more than 50 healthcare workers and all services at the centre will be free of cost for the patients.
Unprecedented rains and floods in the northern region in the past few days have not only caused extensive damage to lives and property but have also impacted business and commercial establishments. Vegetable prices have gone through the roof in the national capital and many other parts of the country since rains started pouring earlier this month. Traders say vegetable prices would come down only after roads open and skies clear, even as water in the fields will take time to recede.
The online world is filled with love gurus promising to teach "how to woo someone in minutes", unlike those who talk about the need to do the self-work.
The Reserve Bank may go for a final 25 basis points increase in the current rate hike cycle next week and a reduction would come in only by the end of third quarter of FY24, economists at Axis Bank said on Wednesday. As per media reports, RBI officials met economists on Tuesday, and the latter have suggested the central bank to go for a 25 basis points hike in key rates. Since May 2022, the RBI has hiked rates by 250 basis points, hurting borrowers and some are already concerned about loan tenors extending beyond their working lives as a result of the hikes.
'In many ways, cricket is growing and, on the surface, seems financially strong. However, we are increasingly seeing a game which focuses on a powerful few, as opposed to a democratic and inclusive approach for the benefit of the whole sport.'
It will be difficult for the AAP govt to maintain subsidies.
'We cannot leave our entire unorganised sector to the vagaries of market forces.'
Discover some knock-out looks from Mumbai Comic Con.
The 'Pinwheel House' has been designed by Ying Chee Chui, a graduate of MIT's Department of Architecture, has been built in Mianyang, in Sichuan Province, China.
The measures, rubber-stamped by the FIA's World Motor Sport Council by an online vote, aim to create a more level playing field for the 10 teams and a more sustainable future.
"Her testimony today is a stark reminder to the Council and the international community that justice is yet to be delivered to the victims of several terrorist incidents, including the 26/11 Mumbai attacks," he said in a statement to the Security Council in his national capacity.
'When a Project Director is appointed, the whole organization -- including the Chairman ISRO -- works for his success. It is a lesson that has been of abiding value all through the other projects I have worked on,' recalls the late President, one of the earliest pioneers at ISRO.
Companies don't have to be in the field to nudge people to return money they owe lenders.
Shankar Prajapati, a 57-year-old potter in Dharavi, has given up hope of getting a bigger house for his family. He lives cheek by jowl in a hutment measuring 200 square (sq.) feet (ft) in the nondescript shanty town. "We have surrendered to our fate. We cannot wait forever for better accommodation. "Perhaps we are not meant to dream big," despairs Prajapati. Raju Korde, president, Dharavi Redevelopment Committee, and a local resident, agrees with Prajapati.
The 10 policemen, who were ambushed by Maoists in a remote Bihar village on Monday, flouted standard guidelines issued by the district administration, government officials said on Tuesday."We had asked the police department not to participate in functions in remote villages and not accept any request to become the chief guest of any function there. It is one of the basic and standard warnings that we give to the policemen," Nawada District Magistrate Yogendra Bhakt said.
Referring to the exit plan being planned by the government, Naidu said, "The next one week of lockdown is very critical for evolving an exit strategy since the data regarding the spread of virus and its rate during the next week will have a bearing on the decision to be taken."
As new OTT release Bawaal tackles the lives of a terribly unhappy couple, and Satyaprem Ki Katha about a young wife with a tragic secret is a box-office success, here's pick of ten (out of a considerable number) of relatively recent films about troubled marriages.
Gift Nifty will provide Indian investors cues on how domestic markets could react to global events.
Renjini Thampi has upcycled 21,000 waste glass bottles into beautiful home dcor items.
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