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SAMIR GADGIL
As gold hits records, Indians opt for bars and coins over jewelleryGold prices are soaring in India, prompting a significant shift in consumer buying habits. Many are now opting for gold coins and bars inst...- Maharashtra Election Winners List 2024: Here is list of winners from polls in country's richest stateElections in Maharashtra witnessed a fierce electoral battle between the ruling Mahayuti and the opposition Maha Vikas Aghadi (MVA). The ou...
- Heat effect: Jewellers plan to extend business hours to 10 pm to help buyersIndia consumes 950-1000 tonnes of gold annually, and rural India accounts for 60% of this. “Extreme heat wave has resulted in less footfall...
- Gold artisans walk away from dull businessGold industry is slowly feeling the effect of lack of skilled workers, who are forced to look for other jobs as demand for jewellery declin...
- Weak gold may lift sales by up to 25 per cent this Akshaya TritiyaRising dollar strength and removal of import duty are likely to weaken the prices of the yellow metal even further from the current levels.
- Platinum becomes cheaper than gold; demand up 40-50% in Indian markets in Feb-MarchRetailers said younger clients are educated, net savvy and aware of global trends. Platinum is being viewed as the next generation metal.
- Amazon India: A new place to buy your car and bike accessoriesAfter recently taking fashion on board, the online seller is going full-stop with auto parts as well.
- Monthly gold installment scheme loses sheenMiddle class families, who have to marry off their daughters are anxious, after govt's move to bring monthly installment schemes under defi...
- Mumbai sees flat gold sales this Gudi PadvaBut in tier-II and tier-III cities and towns of Maharashtra like Pune, Nagpur, Aurangabad and Thane, the demand for gold has picked up sign...
- Gap between mid-level, freshers' wages in IT industry is set to widen by 8 timesEntry-level salaries have fallen over a 10-year period, whereas mid-management salaries have grown between 100%-150%.
- Companies like Essar, Godrej, Bajaj Auto and others put safety first, scale up accident benefits across levelsThe growing prevalence of such benefits can be attributed to rising stress levels among employees, and a workforce that travels frequently.
- Indians show 'biggest gap between fantasy and reality', says PwC studyWhile many executives recognise they are not in their ideal job, they are not willing to move if it involves a significant discount in pay.
- Wipro tweaks variable pay structure for IT, BPO employeesJunior managers that account for 80% of the IT services will now get their variable payment only if they are billable.
- Cos Wipro, Philips, Intel and others line up huge changes in medical benefits to attract talentCompanies have also altered their healthcare offerings to develop a feeling of security among existing employees.
- Now gift your live-in partner a mediclaimMumbai-based IT services firm iGATE Patni allowed its employees to include their live-in partners for health insurance benefits.
- Companies like M&M, Wipro, KPMG, Mercer dangle custom-made perks to retain talentFirms are encouraging employees to tweak benefits to save tax and suit their lifestyle. They are looking to curb the flight of talent.
- Anti-burnout measures: Companies provide staff counselling, sabbaticals & no fancy targetsConcerned about their employees' well-being and productivity, many companies are trying to put safeguards, and anti-stress and anti-burnout...
- IT industry helping young staff to plug their spending impulseIT cos have decided to start a financial counselling and discipline programme for its younger employees.
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