New York (AP): The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets. The median pay package for CEOs rose to $16.3 million, up 12.6%, according to data analyzed for The Associated Press by Equilar. Meanwhile, wages and benefits netted by private-sector workers rose 4.1% through 2023. At half the companies in this year’s pay survey, it would take the worker at the middle of the company’s pay scale almost 200 years to

Ahmedabad (Gujarat) [India], June 3 (ANI): A day after Amul raised the milk price by 2 rupees, customers voiced concerns, remarking that prices tend to increase after elections conclude in the country. The price of a one-litre pouch of Amul Taaza milk, previously priced at Rs 54, has increased to Rs 56. Similarly, the price of Amul Gold, previously Rs 66, has risen to Rs 68. The sudden price hike has led to mixed reactions among consumers, particularly from the middle class, who feel the pinch of rising costs. Many customers voiced their frustration over the price rice and said

New Delhi, June 3 (Reuters): Indian Prime Minister Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire workers, according to two government officials familiar with the matter. As part of an election pledge to transform India into a global manufacturing hub, Modi wants to offer subsidies for domestic production modelled on recent packages for semiconductor firms and electric vehicle makers, said the officials, who spoke on condition of anonymity because they were not authorised to talk to media. The premier also plans

New Delhi [India], June 1 (ANI): The opposition-led Indian National Developmental Inclusive Alliance (INDIA) bloc meeting is underway at the residence of Congress President Mallikarjun Kharge in the national capital on Saturday. The meeting is being held on the polling day of the last phase of Lok Sabha polls. The counting of votes will be held on June 4. TMC chief and West Bengal Chief Minister Mamata Banerjee had already said she would not attend the meeting due to the polls in the state and to review the impact of cyclone Remal. PDP chief Mehbooba Mufti also skipped the meeting.