कोशिश गोल्ड - मुक्त
Administrators and managers saw highest wage growth in 6 yrs
Business Standard
|June 28, 2025
A paper by CSEP finds wages for 'Clerks' saw an annual average decline of 1.3% from ₹429.7 in 2017-18 to ₹397.6 in 2023-24
Growth in real average annual income between 2017-18 and 2023-24 has been the highest for "administrators and managers", while wages of "clerks" have declined, shows the latest paper by private think tank Centre for Social and Economic Progress (CSEP).
The paper, authored by Amaresh Dubey and Laveesh Bhandari, estimated average annual growth in daily real wages for seven occupations for the period.
The data showed real daily wages for "administrators and managers" grew at an annual average of 6.7 per cent to ₹611.9 in 2023-24 from ₹414.1 in 2017-18.
Wages of "clerks" declined at an annual average of 1.3 per cent to ₹397.6 from ₹429.7 in the period.
यह कहानी Business Standard के June 28, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Business Standard से और कहानियाँ
Business Standard
Generic semaglutide market shows signs of excess inventory bulge
India’s booming semaglutide market is already showing signs of inventory buildup barely two months after generic launches flooded the market, following an aggressive stocking push by drugmakers that had anticipated strong demand for the obesity and diabetes therapy.
3 mins
June 12, 2026
Business Standard
IOB raises rates on select FDs by 10 bps
State-owned Indian Overseas Bank (IOB) has increased interest rates on select domestic non-callable fixed deposits by 10 basis points, effective Thursday, after a decision taken at its Asset-Liability Committee (ALCO) meeting.
1 min
June 12, 2026
Business Standard
Sebi moves to align stock pricing across bourses
The Securities and Exchange Board of India (Sebi) has proposed a harmonised framework for determining base prices and daily price bands for stocks listed on multiple exchanges, aiming to reduce price divergence in securities.
1 min
June 12, 2026
Business Standard
Cong chief Kharge among 22 elected unopposed to RS
The returning officer on Thursday declared the three Bharatiya Janata Party candidates elected unopposed in the biennial Rajya Sabha elections in Madhya Pradesh, even as Congress candidate Meenakshi Natarajan has moved the Supreme Court against the rejection of her nomination.
1 mins
June 12, 2026
Business Standard
Citi cuts Nifty target to 26K on geopolitical risks, AI concerns
Global brokerage Citi has lowered its target for the Nifty 50 index to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India’s position in the global artificial intelligence (AI) ecosystem.
2 mins
June 12, 2026
Business Standard
Fractured North America begins historic World Cup
When this year’s World Cup was awarded to the United States (US), Mexico and Canada back in the summer of 2018, world leaders and soccer officials alike stressed an overarching theme: unity.
3 mins
June 12, 2026
Business Standard
Higher gas costs may keep city gas distribution margins under pressure
The city gas distribution (CGD) sector is impacted heavily by the West Asia conflict and faces an administered pricing mechanism (APM) gas phase-out.
3 mins
June 12, 2026
Business Standard
NCLT admits SBI’s plea for personal insolvency against Anil Ambani
The Mumbai Bench of the National Company Law Tribunal (NCLT) on Thursday admitted a petition filed by State Bank of India (SBI) seeking initiation of personal insolvency proceedings against industrialist Anil Ambani in his capacity as a personal guarantor under the Insolvency and Bankruptcy Code (IBC).
1 min
June 12, 2026
Business Standard
MFI credit lifeline may gain traction
SCHEME’S VALIDITY EXTENDED
2 mins
June 12, 2026
Business Standard
India Inc's ECB, FCCB intent moderated to $3.76 bn in April
Indian companies, including non-banking financial companies (NBFCs), filed proposals with the Reserve Bank of India (RBI) to raise $3.76 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in April.
1 min
June 12, 2026
Listen
Translate
Change font size

