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Indonesia is urging companies to remove age limits in job ads, reflecting growing regulatory scrutiny of discriminatory labor practices in Southeast Asia’s largest economy. The Ministry of Manpower issued a circular signed on May 28 directing both domestic and foreign employers to eliminate age restrictions in recruitment efforts, including those targeting people with disabilities. Exceptions…
(Repeats story published on Thursday with no changes to text) India rates edge lower to $382-$389 per ton Thailand prices slip to $405-$410 on exchange rate fluctuations, quiet demand Bangladesh’s Aush rice output falls for fourth straight year By Sherin Elizabeth Varghese May 22 (Reuters) – India’s rice export prices slid to a near two-year…
“Currently, we’re north of 20% market share in four wheelers. We’re looking to be at over 30% pan-India by the end of 2025,” Pavan Guntupalli, one of Rapido’s co-founders, told Mint in a telephone interview. Rapido also plans to double its presence across cities in India across segments this year. “From our existing 120 cities,…
US Fed policy in focus: Barclays and Goldman Sachs said on Friday that they were expecting the U.S. Federal Reserve to deliver the next interest rate cut in July, after a stronger-than-expected jobs report. They had previously forecast a rate cut in June. Data on Friday showed, nonfarm payrolls increased more than expected in April,…
Rising food inflation and falling wages have prompted urban consumers to hold back their car purchase plans in FY25, as evidenced by muted sales in the mass-market segment. However, the wealthy class continued their luxury shopping spree, with demand for premium cars remaining strong throughout the fiscal year. Luxury carmakers sold 51,406 units in FY25,…