Household Savings In India Drop To 18.1 Per Cent Of GDP In FY24: CareEdge Ratings

In the broader economy, labour cost growth for major IT firms has slowed significantly — from a peak of 26 per cent in Q3 FY23 to just 4 per cent in Q3 FY25 — highlighting a broader trend of cost rationalisation in the corporate sector, according to the report.
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