GCCs to boost salaries of entry-level workforce in India across key sectors

The Global Capability Centers (GCCs) is expected to increase demand for fresh talent in India as well as boost the salaries for entry-level job roles across key functional areas in IT products and services and non-tech sectors in FY 2024-25, according to a report on Thursday.  The report by TeamLease Digital provides a glimpse into … Read more

NABL signs pact for on-site testing of materials in construction projects

The National Accreditation Board for Testing and Calibration Laboratories (NABL) signed an MoU with the Confederation of Real Estate Developers' Associations of India (CREDAI) to enhance the quality and reliability of temporary site testing laboratories in civil engineering projects, the Commerce and Industry Ministry said on Tuesday.  “By implementing NABL’s recognition scheme, this collaboration seeks … Read more

India`s milk production rises 4% to 239.3 MT in FY24: Government

The government in its latest data has said that India’s milk production rose nearly 4 per cent annually to 239.3 million tonnes (MT) in 2023-24 on better productivity, even as milk output of buffaloes declined 16 per cent annually. Milk output from exotic/crossbred cattle has increased 8 per cent while production from indigenous/non-descript cattle increased … Read more

Rupee weakens against US dollar on Wednesday

Indian rupee weakened against the US dollar on Wednesday amidst muted domestic equity markets and as investors are awaited US Personal Consumption Expenditure (PCE) inflation for clues on the future path of Federal Reserve policy rates. However, a decline in the dollar index and foreign fund inflows have limited further losses in the domestic currency. … Read more