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GLOBAL WAGE DISPARITIES
On This Day in History, June 10: Salem witch hangings, Italy enters World War II, the Six-Day War ends, Benjamin Franklin's kite experiment, the Lidice massacre and other major eventsOn This Day in History, June 10, several pivotal events shaped the course of world history. The date is remembered for Benjamin Franklin's ...- India labour market remodels itself bit by bit as agri slowly cedes ground, workforce moves onIndia's labour market is undergoing a structural transformation driven by the country's broader economic transition, a report by SBI Resear...
- Quote of the Day by Kofi Annan “The quality of a civilization can be measured by the.....” Life lessons on what power truly signifies— moral authority, restraint, and responsibility— by a man who challenged the idea that strength lies in control, redefining it as the ability to elevate othersQuote of the Day by Kofi Annan: More than 75% of global wealth sits with the top 10%. The rest struggle for basic dignity. This is not just...
- Automation vs humans: How industry 4.0 is reshaping jobs in India's auto sectorRecognising that not all workers can transition to automated roles and creating alternative pathways for decent work to prevent polarisatio...
- Kerala polls: Parties battle to turn state from 'departure lounge' into destinationAs Kerala gears up for Assembly polls, migration emerges as a key election issue. Expatriates like Roy George highlight the significant sal...
- New Labour Code implementation provides flexibility, simplification to export firmsIndia's new labour codes are set to boost exports. These codes offer flexibility and predictability, crucial for global competition. Worker...
- AI use can boost global trade by around 40% by 2040, GDP by 12-13%: WTOThe WTO's World Trade Report 2025 projects that AI could boost global trade by 34-37% by 2040, potentially increasing global GDP by 12-13%....
- A recurring pattern shows why India's big job-generation numbers may not really matterA recent report highlights a significant skills mismatch in India's employment sector, where over half of graduates are in low-skilled jobs...
- Mohanlal shares major 'Drishyam 3' update: What did the Malayalam superstar reveal about the upcoming suspense sagaMalayalam superstar Mohanlal has officially confirmed that Drishyam 3, the third installment in the iconic thriller series, is in developme...
- “Third world employees deserve to be paid less”: Entrepreneur labels Indian workers ‘disposable,’ justifies lower payFranco Pereyra, COO of Near, ignited a heated discussion on LinkedIn by stating it’s acceptable for global workers to earn less than their ...
- From 3.2L in 2011 to just Rs 3.75L in 2024: Ex-Infosys CFO Mohandas Pai's shocking comparison between CEOs vs freshers' salariesIndia’s IT sector faces criticism over stark wage inequalities, with fresher salaries barely growing in over a decade while top executives ...
- Pakodas for masses, halwa for chosen few: Congress slams govt over ILO report findingsThe Congress criticizes the Indian government, citing an International Labour Organisation report that reveals significant wage inequality ...
- How to fix skilling the competitionLegislation is needed to bring parity in working conditions among blue- and white-collar workers. Where this is not possible - for instance...
- Women's day off: Massive women's strike in Iceland targets gender pay gap and violenceTens of thousands of women and non-binary individuals in Iceland, including Prime Minister Katrin Jakobsdóttir, are organizing a historic s...
- India’s rapid strides towards globalisation cannot be a race to the bottom: ILOWorkforce inequality, wage disparity and poor working conditions in the informal sector pose a big threat to India’s development.
- WTO warns of global ramifications of local labour policies shortcomingThe report showed that the estimated share of jobs at risk of automation is also substantial in emerging economies, such as 69% for India a...
- India's salary growth at 0.2%, GDP gain of 63.8% since 2008During the period, China, Indonesia and Mexico had the largest real salary growth at 10.6 per cent, 9.3 per cent and 8.9 per cent, respecti...
- PSG world's best paid sports teamParis St. Germain, defending champions of France's football league Ligue 1 are the highest paid team in the world, according to the ‘Global...
- Contract labour not being treated fairly: Rajeev Dubey, Employers' Federation of IndiaIndustrial relations are at a "critical stage" and the issue of income inequality has to be tackled immediately, the president of the Emplo...
- 'Growth not enough to reduce income disparity'The Reserve Bank of India (RBI) said nine per cent economic growth will not reduce income disparity unless about one crore people currently...
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