Building Strategies ... • 10m
India's corporate profits grow 4X, but salaries remain stagnant: According to a report by FICCI and Quess Corp prepared for the government, India's corporate sector saw minimal income growth over the past four years, despite profits increasing fourfold during the same period. The annual wage growth rate across six key sectors ranged between 0.8% and 5.4% from 2019 to 2023. Meanwhile, retail inflation remained relatively high, rising by 4.8%, 6.2%, 5.5%, 6.7%, and 5.4% in the fiscal years from 2019-20 to 2023-24, indicating that wage growth struggled to keep pace with inflation.
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SucSEED Ventures • 6m
"Pakoda VC" is now a trend & I can understand why! It's India's broken system The numbers tell a grim story: middle-class incomes are shrinking as inflation (~6%) outpaces wage growth (~4%). While labor participation has risen to 60%, most new worke
See MoreFounder And CEO Of F... • 10m
Wall Street Update: US Stock Indices Trade Mixed Amid Fresh PCE Inflation Data Wall Street Update: Dow Rises, S&P 500 and Nasdaq Slip Amid PCE Inflation Data **US Stocks Mixed as Investors Digest PCE Inflation Data** US stock indices were mixed on
See Morestartups, technology... • 1m
🚀 How a solo founder turned a simple idea into $50K/month without funding Jon Yongfook quit his corporate job in 2019 with an ambitious plan: build 12 startups in 12 months. By startup #7, he found his winner: Bannerbear 📈 The result? $630K+ ARR
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