Hike News
Wipro to hand out an average 8% salary hike to its top performers this year
Wipro spent ₹54,900 crore ($6.6 billion) as employee costs for the year ended March 2024, which made up 61% of the company’s full-year revenue of $10.8 billion. Wipro’s median remuneration to employees excluding whole-time directors increased 9.43% in the year ended March 2024.
3 min read17 Sep 2024China’s export thrust is pushing tariffs up across Asia
An influx of Chinese goods is making even governments friendly to Beijing raise trade barriers. Beijing’s subsidies for manufacturing to keep its economy growing mean overseas markets must contend with the overflow beyond its borders.
4 min read11 Sep 2024Cognizant Faces Fresh Backlash, Offers 1% Salary Hike After ’2002 Pay Package’ For Freshers
Cognizant Technology Solutions has reportedly given some employees annual salary hikes as small as 1%. This comes as the global technology services company rolled out salary hikes after a four-month delay. What’s the issue? Watch this video to know all the details!
16 Aug 2024Most BOJ Watchers Rethink Pace of Hikes After Ueda’s Hawkishness
Most Bank of Japan watchers are reassessing the trajectory of interest rates and bringing forward their forecasts after Governor Kazuo Ueda’s hawkish messaging Wednesday and his earlier-than-expected rate hike.
2 min read2 Aug 2024Bank of Japan to outline bond taper plan, debate rate hike timing
JAPAN-ECONOMY/BOJ (PIX):Bank of Japan to outline bond taper plan, debate rate hike timing
2 min read31 Jul 2024Samir Arora Calls Out Fund Managers for Downplaying Tax Hike Impact On Stock Markets | Budget 2024
STOCK MARKET | SAMIR ARORA | TAX | LTCG | STCG | MONEY Market veteran Samir Arora has expressed disappointment over the hike in long term and short term capital gains tax. He believes that India may become less attractive to investors on a post-tax basis. He also pointed out fund managers and analysts for downplaying the impact of tax change. Watch the full video to know what he thinks about LTCG and STCG tax hikes in the Union Budget 2024!
26 Jul 2024First Foundation plunges as ’unexpected’ fund raise puts real estate loans in focus
FIRST FOUNDATION-STOCKS/ (UPDATE 3, GRAPHICS):UPDATE 4-First Foundation plunges as ’unexpected’ fund raise puts real estate loans in focus
3 min read4 Jul 2024Mint Primer: Phone tariff hikes: Is this the end of cheap data?
Telecom companies raised tariffs after two years, primarily to boost their average revenue per user (Arpu), crucial for profitability, and for sustaining investments in network technology, spectrum and 5G deployments.
2 min read1 Jul 2024Indians to spend an extra ₹47,500 crore post-Jio, Airtel, and Vodafone tariff hikes: Report
Indians are expected to pay ₹45,700 crore more, annually on mobile plans after India’s top telcos - Jio, Airtel, and Vodafone raised prices. Executives highlighted the need for the pricing strategy to be at par with global standards.
1 min read29 Jun 2024Inflation in Japan’s capital accelerates, keeps BOJ rate hike prospects
JAPAN-ECONOMY/INFLATION (UPDATE 2):UPDATE 2-Inflation in Japan’s capital accelerates, keeps BOJ rate hike prospects
2 min read28 Jun 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared