Hikes

Efforts to help industry, especially MSMEs to achieve scale and thereby ensuring better wages is key since the capacity to spend is intrinsically tied to growth in income that has been tepid, particularly in urban India.

PM Modi quotes Moneycontrol report, says Karnataka govt hiked taxes A-Z

Prime Minister Narendra Modi addressing a rally in Haryana quoted Moneycontrol report that highlighted A-Z price hikes in Karnataka

Karnataka's bucket of woes: A listless Congress, divided BJP, citizens burdened by poor infra and price hikes

The Congress-led government, which came to power in May 2023, is treading a difficult path, burdened by an annual expenditure of Rs 52,000 crore for its five guarantees. Plus, the Union government’s disparity in tax devolution, simmering public anger over price hikes, and inadequate funds for development work has pushed the state to the brink.

Of guarantees & hikes: Karnataka govt walks a tightrope amid calls to limit benefits

With the Congress-led state government scrambling for funds for its guaranteed schemes, the BJP claims that people have been burdened with hikes and development has been hit.

RBI has acted within a meeting or two of the Fed’s rate decision, but usually during hikes

Over the last two decades and 114 policy meetings, the RBI has followed the Fed only 16 times.

Infosys to roll out wage hikes to employees from November 1

The company used to give hikes to everyone below the senior management in April, and to those above in July

7 best hikes in the world for beginners

Offering spectacular vistas, these are few of the many great hikes in the world for those taking their first steps in the world of hiking.

IndiGo to hike salaries of pilots after record breaking Q1FY24 performance

The salary hikes are likely to be in the range of high single-digit to mid-teens increases on the base salaries, senior executives from IndiGo said.

Volvo Car hikes price of mild hybrid trims by up to 2%

The prices of the mild hybrid variants of XC40, XC60, S90 and XC90 have been increased by 1-2 per cent, the automaker said in a statement.

Tesla hikes price of Model Y after US alters tax credit rule

The Austin, Texas, electric vehicle company bumped up the price of the Model Y Long Range version by about 2% to $54,990 and the Performance version by about 2.7% to $57,990, according to its website. The prices exclude shipping and an order fee.

Rate hikes have begun to quell US inflation

“We’re beginning to see the kind of actions that we need to see,” Mester, president of the Federal Reserve Bank of Cleveland, said in an interview with The Associated Press. "Good signs that things are moving in the right direction ... That’s important input into how we’re thinking about where policy needs to go.”

Maruti, Mercedes-Benz, Tata Motors, Audi; carmakers increase prices in 2023 | Here's why

Are you looking to buy a brand-new car? Well, this video will you all that you need to know about the auto price hikes in 2023. Carmakers have hiked their vehicle prices, since January 1, 2023. Costs are increasing due to the shortage of semiconductors, inflation and to balance the hike in input costs. Apart from this, car loan rates have risen due to RBI repo rate hikes of up to 3 percent. Tune into this video for more details.

Fed official suggests substantial rate hikes may be needed

Bullard's comments raised the prospect that the Fed's rate hikes will make borrowing by consumers and businesses even costlier and further heighten the risk of recession.

SBI hikes savings deposit rate by 30 bps for Rs 10 crore and above

The bank said the new pricing of 30 bps more on deposits, is applicable for Rs 10 crore and above, and is effective from October 15.

Union Bank hikes lending rate by 10 bps across loan tenures

A number of banks have increased lending rates for their customers following RBI's decision to raise the policy repo rate by 50 bps

Exclusive: Capgemini's dismal salary hikes after strong start to year leave employees furious

Salary cuts and dismal pay increases are a common strategy for companies going through financial distress

Aiming for 12-12.5% overall growth in FY16: Container Corp

In an interview with CNBC-TV18, Anil Gupta, CMD, Container Corporation, discusses the fourth quarter results and its future plans.

Petrol price cut by 49 paise, diesel by Rs 1.21

Prior to the increases in February, petrol price had been cut on ten occasions since August 2014 and diesel six times since October 2014.

Average salary hikes likely to be at 11% in 2015: Mercer

With an average salary increase likely to be at 11 percent, the projected pay hike for next year in medical life sciences sector is the highest (12 percent) and for the shared services and hi-tech industry it is lowest (10 percent).

See hawkish Fed tone, but nothing that'll shatter mkts: DB

Investors are keenly eyeing the Federal Reserve meet to know more about the US interest rate trajectory as there are concerns that an early hike may lead to capital outflows from emerging markets.

Houses to get further expensive by 2-3%: Kolte-Patil

Ready reckoner rates are calculated using the built-up area of a property and are used to determine its market value. Before 2008, it used to be calculated using the carpet area.

HDFC hikes home loan rates; sees lower rates in 2014

Speaking to CNBC-TV18, Keki Mistry, vice-chairman and chief executive officer, HDFC, says food prices are likely to lower, owing to a good monsoon season and hence, 2014 is likely to be a year of lower interest rates.

Mkt pining hopes on positive FY15 view; avoid FMCG: Antique

Dhirendra Tiwari, Head of Research Antique Institutional Equities believes that the the diesel and the gas price hikes were positive for the economy and the effect could be seen in FY15 by some sort of recovery in the market.

Wage hike to average 7%, hire 45,000 this year: TCS

Software major Tata Consultancy Services (TCS) today said it will give wage hikes averaging about seven per cent this year to its employees in India, along with 100 per cent variable pay.

Indian auto market may grow only 12-14% this year: Official

India's automobile market is expected to register a slower growth between 12-14% in the current calendar year, as compared to 30% in 2010, an industry official said today.