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UK wage rise: Minimum pay raised for 2.7 million workers from April; businesses warn of higher cost pressures

File photo: Chancellor Rachel Reeves (Picture credit: AP) Millions of low-paid workers in the UK will receive a pay increase from April as the government confirmed new minimum wage rates ahead of Wednesday’s Budget. The hourly rate for over-21s will rise by 50p to £12.71, with 18–20-year-olds seeing an 85p jump to £10.85, and under-18s…

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One interview mistake cost this engineer ₹3 lakh: 10 salary negotiation lessons for young professionals

A Hyderabad IT professional’s viral Reddit post reveals how many early-career tech workers accept lower salaries due to poor negotiation strategies. Lacking preparation and fearing offer withdrawal, candidates often miss out on fair compensation. Industry experts emphasize salary negotiation as a crucial skill, offering a 10-step guide for young professionals to secure better packages and…

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Review your salary structure! Does your employer offer you these tax benefits? These flexi-benefit programmes don’t raise employer’s cost

Flexi-benefit cards relieve employees of the cumbersome practice of collecting paper bills. (AI image) The salary structure plays a decisive role in shaping an individual’s tax outgo. Several allowances are tax-free, and more employers now acknowledge this by letting staff customize their pay packages. Flexi-benefit programmes allow employees to pick and choose components that suit…

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Rs 10k crore: Cost of health cover fraud | India News

MUMBAI: Fraud and waste continue to drag India’s health-insurance system, with Rs 8,000–10,000 crore leaking from claim payouts each year, says a Boston Consulting Group–Medi Assist report. Fraud and unnecessary claims inflate premiums, strain insurer finances and drain public funds. Weak data systems and loose checks also push patients into higher out-of-pocket spends.The analysis shows…

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Ask Dhirendra: Why do I keep waiting for the ‘right time’ to invest, and how much does this delay really cost me?

First priority: be invested. Fine-tuning can come later. (AI image) If you’ve been “about to start” investing for the last few years, this one is for you.The script is familiar. “Markets are at an all-time high. I’ll wait for a correction. Correction comes. “Things look unstable. I’ll wait for clarity.” Markets recover. “Now I’ve missed…

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How Cloudflare outage may have cost financial service brokers $1.6 billion in trading volume |

Cloudflare outage on November 18 not only disrupted hundreds of tech websites but also finance sector that rely on the IT company’s services, a report has said, noting that the three-hour disruption potentially cost forex and Contracts for Difference (CFD) brokers an estimated $1.58 billion in lost trading volume. The unavailability of services left the…

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Banks with bloated cost structures will suffer as savers turn investors; fittest will survive: Kotak

CHAMPIONS OF CONTINUITY: Ashok Vaswani Uday Kotak Kotak Mahindra Bank’s MD & CEO (L) with founder ‘Over 40 Yrs, Capital Discipline Has Shaped Us… Two Years After I Stepped Down, The Institution Has Managed The Transition & Is Thriving With Leaders Like Ashok Vaswani’Two years after stepping down as Kotak Mahindra Bank’s CEO, Uday Kotak…

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Gold price today: How much does yellow metal cost? Check city-wise rates for 24K, 22K gold in Delhi, Mumbai, Chennai and more

Gold prices edged higher on Wednesday, tracking gains in global markets amid renewed optimism that the US Federal Reserve may cut interest rates next month. On the Multi Commodity Exchange (MCX), December gold futures climbed by Rs 328, or 0.26 per cent, to Rs 1,24,241 per 10 grams, with a business turnover of 12,868 lots.The…

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Easing US-China trade tensions a red flag for India? Electronics sector warns; cost edge may shrink by ‘10 percentage points’

India’s electronics sector could face a setback as trade tensions between US and China have eased after the Busan meeting between the presidents of two nations ended with ‘great success’.The electronics sector has raised alarm over potential threats to its global competitiveness after the tariffs on Chinese goods were reduced. The industry has urged the…

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