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ECONOMIC CONSEQUENCES OF STAGNANT WAGES
Working beyond office hours? Find out whether the New Labour Code entitles you to overtime payNew Labour Codes, effective November 2025, redefine overtime eligibility and calculation. While standard working hours remain, employees wo...- Hyundai Motor's South Korean union approves strike action over stalled wage talksHyundai Motor's South Korean union members have voted to authorize a strike, signaling potential production halts. This action stems from u...
- Sanjay Malhotra calms rate hike fears as RBI watches oil, monsoonRBI Governor Sanjay Malhotra stated that discussions on interest rate hikes are premature, emphasizing that the central bank will monitor i...
- Global Market: BOJ policymakers push for faster rate hikes as inflation risks mountThe Bank of Japan is growing more concerned about persistent inflation, with some policymakers advocating faster interest rate hikes after ...
- Around 400 workers from India, Bangladesh accuse Singapore firms of unpaid wagesHundreds of migrant workers, primarily from India and Bangladesh, are alleging non-payment of wages by two Singapore-registered firms. Inve...
- India trashes Pakistan defence minister's remarks on KashmirIndia on Tuesday rejected Pakistan Defence Minister Khawaja Asif’s remarks on Jammu and Kashmir, calling them an attempt to divert attentio...
- Slowing rural incomes could weigh on consumer demand: Dhananjay SinhaHeadline rural wage growth in India is misleading, with underlying increases significantly lower than reported. Rising inflation, reverse m...
- A tax-law argument could make or break Trump's H-1B $100,000 planA US court blocked a $100,000 H-1B visa fee, deeming it an unconstitutional tax imposed by presidential authority without congressional app...
- Graduates 43.8% less likely to get informal jobs: EAC-PM studyBased on unit-level data from the 2025 Periodic Labour Force Survey (PLFS) and the Annual Survey of Unincorporated Sector Enterprises (ASUS...
- World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...
- Indian workers complain to Singapore ministry over unpaid wagesOver a hundred migrant workers, predominantly from India and Bangladesh, approached Singapore's Ministry of Manpower seeking unpaid wages. ...
- Entire political science of data doctoring: Congress slams govt on rural wage figuresThe Congress party has accused the Modi government of artificially inflating rural wage growth figures. According to Congress general secre...
- Britain's economic woes fuel discontent with Brexit a decade after historic vote to leave EUA decade after Britain's vote to leave the European Union, business leaders like Simon Boyd and Mike Hawes express frustration. Promises of...
- Pakistan: Workers protest inflation, warn government of nationwide agitationProtesters in Lahore, including labour groups and transport workers, voiced anger over soaring inflation and utility costs, accusing the go...
- 5 world market themes for the week aheadGlobal markets are watching closely as a U.S.-Iran deal faces crucial weeks. Key economic data from the U.S. and Australia, along with Colo...
- World Bank clears $1.5 billion package to boost India's structural reforms, private sector jobsThe World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private se...
- Quote of the Day by Derek Parfit: ‘We might neglect our future selves because of some failure of belief or imagination’ - A warning on self-sabotage from the philosopher most people have never heard ofPhilosopher Derek Parfit highlighted why people ignore future consequences. He suggested a lack of belief or imagination about our future s...
- New Zealand finalises skilled migrant visa changes ahead of August rolloutNew Zealand is updating its skilled migrant and work-to-residence visa programs. New rules begin August 24, 2026. Wage thresholds are simpl...
- Portugal will pay workers thousands of euros to relocate to its countryside. Here's who can applyPortugal is inviting people to its interior regions with financial aid. Workers, entrepreneurs, and remote professionals can receive up to ...
- Stuck in acres of mediocre: External shocks expose India's slide into middle-income stagnationIndia's economy is experiencing a slowdown. High growth and low inflation mask underlying issues of weak demand and poor productivity. This...
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