With the Union Budget just around the corner, expectations are high about what Finance Minister Nirmala Sitharaman may uncover on February 1 to...
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The government expressed concern over wage growth lagging behind corporate profitability, which reached a 15-year high last fiscal. Large companies saw significant profit increases, while employee expenses grew at a slower rate. Weak real wage growth could slow demand and increase income inequality, highlighting the need for a fairer income distribution between capital and labor to ensure long-term economic stability.
With the Union Budget just around the corner, expectations are high about what Finance Minister Nirmala Sitharaman may uncover on February 1 to...
FBN Holdings reported a remarkable 142% year-on-year (y-o-y) growth in Profit Before Tax (PBT), reaching N862 billion, alongside a 113% y-o-y...
In the developing world, the story of inequality often begins with industrialization. Simon Kuznets, the legendary economist, once argued that...
Puma (PUMG.DE) shares fell by 16 per cent as the market opened on Thursday after the German sportswear brand reported lower than expected...
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its artificial intelligence...
In the first nine months of last year, the earnings per share (EPS) of FBNHoldings Plc, the parent company of First Bank of Nigeria Limited as well as...
By Siwage Dharma Negara Indonesia weathered significant challenges in 2024. The country maintained 5 per cent growth through presidential and...
We project global growth will remain steady at 3.3 percent this year and next, broadly aligned with potential growth that has substantially weakened...
Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals
A significant portions of Zomato's expenses came from purchases of stock-in-trade which grew to ₹1,510 crore from ₹783 crore earlier.