New Delhi, March 24 (IANS) India’s construction industry is likely to see a 3–5 per cent rise in costs across asset classes in 2026 amid rise in labour costs and higher metal prices, a report said on Tuesday.Developers who embrace workforce formalisation, leverage GST savings strategically, and invest in technology adoption will emerge as leaders in this dynamic landscape, the report noted.The report from real estate services firm JLL said material costs showed mixed trend in 2025 as cement,…
Latest Labor costs News & Updates
Chennai, March 22 (IANS) Tomato growers across several districts in Tamil Nadu are facing a severe crisis as market prices have dropped drastically, leaving them unable to recover even basic cultivation expenses.In many areas, farmers have stopped harvesting altogether, choosing to leave fully grown produce in the fields due to unremunerative rates.The sudden price crash has been attributed to a sharp increase in arrivals from multiple growing regions, leading to oversupply in wholesale markets….
Washington, March 12 (IANS) The US pet industry has reached a record $157 billion in spending, but small business owners told senators that rising healthcare costs, regulatory hurdles, labour challenges, and financing constraints are making it harder for many companies to keep pace with the sector’s rapid growth. At a hearing of the Senate Small Business and Entrepreneurship Committee on Wednesday (local time), lawmakers and business owners painted a picture of a booming consumer market that h…
Chennai, Jan 31 (IANS) Sugarcane farmers across the region have raised serious concerns over the steep rise in labour costs, warning that the economics of cultivation are becoming increasingly unviable. At a recent farmers’ grievance day meeting, cultivators urged sugar mills and the district administration to step in – either by regulating labour charges or by extending targeted subsidies to offset mounting expenses. Explaining the financial strain, Karuppannan, a farmer, said sugarcan…