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India to see a 10% salary increase in 2020, Willis Towers Watson Survey finds

With the cautious business outlook, recruitment efforts are expected to slow down. The survey shows that only 22% of the organisations in India plan to add new headcount compared to 29% last year. Organisations planning to maintain their current headcount increased from 63% in 2018 to 70% in 2019; while, 7% plan to reduce headcount as compared to 8% last year

India gold demand to hit 3-Yr low as prices surge to record: World Gold Council

Gold demand in 2019 could drop 8% from a year ago to around 700 tonnes, the lowest since 2016, said Somasundaram PR, the managing director of WGC’s Indian operations. In a report, the WGC said India’s gold consumption in the quarter ended September slumped nearly a third from a year ago to 123.9 tonnes.

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