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Pay hikes in 2024 for consumer companies are expected to be in high single digits, slightly lower than last year. The slowdown in rural demand and competition from regional players have impacted the pay hikes. The projected salary increments for this sector will be in the range of 8.5-9.8%, stable compared to the last three years. Last year, pay hikes were better after two years of disruptions caused by the pandemic.

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India to be largest source of energy demand growth to 2040 - IEA Premium India will make up the biggest share of energy demand growth at 25% over the next two decades, (AFP) Share Via Read Full Story India will make up the biggest share of energy demand growth at 25% over the next two decades, as it overtakes the European Union as the world's third-biggest energy consumer by 2030, the International Energy Agency (IEA) said. India's energy consumption is expected to nearly double as the nation's gross domestic product (GDP) expands to an estimated $8.6 trillion by 2040 under its current natio...