Author

Samiksha Goel

India adds 8.8 million to labour force in April

The Centre for Monitoring Indian Economy said an 8.8 million rise in labour force is only possible if some working-age people who were out of the labour force rejoined in April.

17 May 2022

Vegetable oil imports fall 13% in April

Imports of vegetable oils, comprising edible and non-edible, have fallen 13% to nearly 9.12 lakh tonne during April, shows industry data.

14 May 2022

TV, AC to get dearer on rupee fall, rising EMIs

Depreciating rupee against USD and an increase in EMIs owing to the 40 bps repo rate hike by the RBI have posed new challenges for the consumer durables industry.

13 May 2022

Alleged deep discounting and predatory prices by JioMart: Distributors may stage protest over pay parity demand

Dhairyashil Patil, President, AICPDF in an interaction with The New Indian Express, told that some firms are taking actions but ‘we demand stricter measures to prevent the JioMart monopoly'.

10 May 2022

Household budgets go up as consumer goods companies plan price hikes to offset cost

FMCG giants like Hindustan Unilever, Britannia, Tata Consumer, Dabur raised prices of their products - range from biscuits, sugar, salt and soaps, among others

08 May 2022

Ice cream sales revive after two years, as heatwaves sweep across country

Some companies, in fact, have been seeing a growth of over 50 per cent this season and the COVID-19 pandemic wreaked havoc on the industry in last two years.

05 May 2022

Adani Wilmar acquires Kohinoor rice to boost position in branded staples sector

Even as FMCG companies are struggling with squeezed margins, Adani Wilmar is in a sweet spot among its peers because of its hold on the edible oil supply chain.

04 May 2022

India’s unemployment problem surges to 7.83 per cent in April

In an earlier report, the CMIE had said that the labour force had shrunk by 3.8 million during March 2022 to 428 million, the lowest in eight months.

03 May 2022

Government to hold talks with Infy, IT union over new clause

The ministry had issued a notice on April 22, addressing Infosys HR head and the president of the Pune-based union, In this regard.

28 Apr 2022

Labour Ministry to hold 'discussion' with Infy, IT union over non-compete clause

Nascent Information Technology Employees Senate (NITES) had earlier filed a complaint with the labour ministry against Infosys seeking the removal of the non-compete clause from the offer letter.

27 Apr 2022

High attrition rate: Freshers may see salary hike

IT, healthcare and tech startups will incur an outlay of nearly Rs 8-Rs 12 lakh to rope in freshers for a wide variety of skill-based roles across the country, according to Randstad’s salary trends.

27 Apr 2022

FMCG firms worry as palm oil ban to hit margins

Analysts say FMCG majors like ITC, Britannia, Hindustan Unilever, would be among the firms will be affected directly.

26 Apr 2022

Eating out to get dearer as restaurants, cafes opt for price hikes

Eating out at your favourite restaurant or cafe is set to get costlier as inflation-hit restaurants and cafes are implementing price hikes.

22 Apr 2022

Staff union files plaint against Infosys over non-compete clause

The pune-based Nascent Information Technology Employees Senate (NITES) claims to have received 65-70 complaints from employees of the company in the past one week.

21 Apr 2022