Back

Altamash Zia

Building Strategies ... • 6m

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.

3 Replies
3
Replies (3)

More like this

Recommendations from Medial

Kolkata Index

 • 

West Bengal Tourism • 6m

📈 India's Trade Performance (2019-20 to 2023-24)(In US$ Billion):🇮🇳 Exports: 🚀 Rose by 47.79% 📊 2019-20: $526.55B ➡️ 2023-24: $778.19B Imports: 📦 Increased by 41.59% 📊 2019-20: $602.98B ➡️ 2023-24: $853.73B (MoC&I)

Reply
5

Mahendra Lochhab

Content creator • 7m

India's gaming industry has grown rapidly, with game downloads increasing from 5.65 billion in 2019 to 9.5 billion in 2023

Reply

Mahendra Lochhab

Content creator • 10d

India's laptop exports have shown substantial growth, with a 33% increase in shipments between November 2023 and October 2024.

Reply
6
Image Description

Sairaj Kadam

Entrepreneur • 7m

India's Two-Year Low: The Middle Class Squeeze Amid Economic Turmoil India's urban consumption has hit a two-year low in 2024, driven by persistent inflation and stagnant wages. Middle-class households, already struggling with rising costs, are cu

See More
1 Reply
2
Image Description
Image Description

Piyu

....... • 2m

Saudi Arabia’s Investments in India (Value in US$ Million):🇸🇦🇮🇳 2014: $51 2019: $316 2020: $3,132 2021: $3,139 2022: $3,157 2023: $3,225 2024: $3,246 Over 60x growth in a decade!

2 Replies
12
Image Description
Image Description

Rohan Saha

Founder - Burn Inves... • 5m

Looking at the current inflation data, it seems that the RBI might consider a rate cut, and the expectation is the same as India's economic growth has slowed down

4 Replies
3
Image Description
Image Description

Aakash kashyap

Building JalSeva and... • 8m

The image shows an infographic titled "India's Decade" based on data from the OECD. It highlights the economic growth of various regions, comparing growth between 2014-2023 and projected growth for 2024-2033. Key points include: ➤India leads with a

See More
11 Replies
1
14
Image Description
Image Description

Vamshi Yadav

 • 

SucSEED Ventures • 2m

"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 More
4 Replies
10
Image Description

Kimiko

Startups | AI | info... • 1m

India now ranks 7th globally in annual robot installations .. Globally, there were nearly 4.3 Million operational industrial robots in 2023, with China installing 276,300 that year alone. While , India has seen the fastest annual growth in industri

See More
1 Reply
2
18
Image Description
Image Description

Mahendra Lochhab

Content creator • 10m

India's smartwatch market has been growing rapidly, becoming the world's largest in 2022. The market is expected to grow at a compound annual growth rate of 64.7% from 2023 to 2029, reaching $120.9 billion by 2032.

8 Replies
1
13

Download the medial app to read full posts, comements and news.