Former RBI Governor against excluding food inflation while setting benchmark interest rates

Amid suggestions for excluding food inflation while setting benchmark interest rates, former Reserve Bank of India (RBI) Governor Raghuram Rajan has said that he is against excluding food prices from headline inflation, as it would erode the ‘great faith’ of people in the central bank, which has been mandated by the government to keep inflation … Read more

India to see 9.5 pc salary hike in 2025, attrition rate slows down

 Salaries in India are projected to increase by 9.5 per cent in 2025, compared to an actual increase of 9.3 per cent this year, a report showed on Thursday.  The engineering and manufacturing and retail industries project double-digit increases at 10 per cent, closely followed by financial institutions at 9.9 per cent, indicating the strategic … Read more

CEO Forum: India, US reaffirm commitment to expanding bilateral commerce, trade

 Minister of Commerce and Industry Piyush Goyal and his US counterpart Gina Raimondo co-chaired the 6th meeting of the US-India CEO Forum, which is the highest platform for discussing trade and commerce between the two countries.  Government representatives of the two countries and the Forum members, during the meeting hosted on Wednesday by the US, … Read more