India’s major economic reforms were spurred on by a foreign exchange crisis. It was the summer of 1991 when foreign exchange reserves went to nearly zero. An emergency loan from the IMF was taken, and ...
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New labour codes: Indian companies face higher wage expenses; manpower costs may increase 5-15% across sectors
Indian companies are likely to see higher wage bills as they adjust HR policies and compensation structures to comply with the new four labour codes. Experts estimate manpower costs could rise 5-10%, ...
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