SALARY
Mumbai domestic cook goes on foreign holiday while many office-goers struggle to save. Ex-banker shares a financial lesson for salaried Indians
An ISB MBA graduate shared how his Mumbai cook earns Rs 1.05 lakh monthly, while his household income reaches Rs 1.5 lakh. Despite earning less than some corporate professionals, the 34-year-old saves through disciplined spending, multiple employers and minimal lifestyle expenses. He is now preparing for his first international holiday to Thailand with friends.
Farmer's son from small Tamil Nadu village builds Rs 1.5-crore software business after quitting nine-year Chennai IT career & starting with just two laptops
Eswaran Arumugam started his software company, Yaa Creations, in Tamil Nadu with Rs 1 lakh borrowed from his brother and just two laptops. After facing financial difficulties, Covid-19 disruptions and Rs 5 lakh in debt, he gradually expanded the business. Based in Rasipuram, Namakkal, the company now has 26 employees, clients across seven countries and undertook projects worth Rs 1.5 crore in 2025, as per a YourStory report.
Kirk Cousins contract, salary: Quarterback to get paid by three NFL teams in 2026 after Raiders trade him to Vikings
Kirk Cousins has been traded by the Las Vegas Raiders to the Minnesota Vikings ahead of the NFL trade deadline. The Vikings will send a 2027 third-round pick to the Raiders to complete the deal. Cousins will undergo a physical examination with the Vikings before the trade is finalized. Raiders general manager John Spytek explained that the decision was made with the team's future in mind.
Economic advancement can’t be judged through a single income figure, other conditions apply
India’s creamy layer debate has renewed focus on whether income alone can measure socioeconomic advancement. The Supreme Court’s March 11 judgment, upheld last Friday, said parental salary cannot be the sole criterion for determining creamy layer status among OBCs; occupational and service status must also be considered.
Horoscope Today, November 11, 2026: Libra Questions a Relationship, Scorpio Revisits the Past and Sagittarius Looks Beyond Current Limits
Today's transit of the Moon in debilitated Scorpio brings financial administration, personal leadership, and behind-the-scenes strategy to the forefront. Moving from Anuradha to Jyeshtha Nakshatra, the Moon emphasizes loyalty early in the day and tactical responsibility by afternoon. Libra benefits from a 2nd house focus on savings and family speech; Scorpio sees a 1st house transit in their own sign, enhancing self-reliance and authority; and Sagittarius experiences a 12th house focus on quiet work, rest, and managing hidden expenses.
Red Fort blast: Al-Falah University now functioning under Haryana govt; tight security on campus
After the November 2025 Red Fort blast, Al-Falah University came under government control due to serious investigations. All 200 MBBS seats were filled this admission cycle under a transparent process overseen by authorities. A strict verification process for faculty and students has been implemented to ensure security on campus. Investigations into prior faculty members and staff were conducted due to alleged terrorist affiliations.
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EPFO’s November 19 meeting to be held in New Delhi: Can EPFO increase minimum EPS pension from Rs 1,000?
The Employees' Provident Fund Organisation is gearing up for its 240th Central Board of Trustees assembly, scheduled for November 19, 2026, in New Delhi. However, official confirmation from the government about these proposed changes is still pending, even as calls for enhanced pension benefits persist.
France eases job-loss rules for foreign workers, cuts residence permit processing time
France has introduced significant immigration changes from October 30, 2026, giving foreign workers more time to find new jobs after unemployment and reducing residence permit processing timelines. Under the revised rules, Temporary Worker permit holders get three months to secure new employment, while EU Blue Card holders get six months without immediately losing their residence status.
NASA is hiring astronauts for future Moon missions: Who can apply, what tests must you pass and how to get selected?
NASA is recruiting its next class of astronauts, with selected candidates potentially preparing for future Moon missions and living at a lunar base. The agency is accepting applications from qualified US citizens, including candidates with master's-level nursing degrees. Here's a look at the eligibility criteria, experience requirements, $164,395 starting salary and application deadline.
NASA job applications: $164,395 salary for astronaut posts as selected candidates can live on Moon and Mars; check direct link, eligibility and deadline
NASA astronaut applications: NASA has opened applications for its next astronaut class, with selected candidates potentially getting the opportunity to live and work on a future Moon base and participate in missions to Mars. Here's a look at the $164,395 annual salary, eligibility criteria, application requirements and December 3 deadline.
Microsoft reports $36 billion quaterly profit, employees complain salary raises below 1%, describe workplace as 'joyless and demoralizing' after 60,000 people receive buyout offers
Microsoft reported a 32% jump in quarterly profit to $36.6 billion but its employees complain of salary increases below 1%, rising workloads and pressure to use AI tools. An open letter describes the workplace as “joyless and demoralizing” following voluntary buyout offers to around 60,000 employees across four countries.
China is the world's factory but still can't give jobs to youth: Sridhar Vembu says India has a problem that is about to get worse
China's position as the world's manufacturing powerhouse has not prevented a growing employment challenge among its educated youth. Despite its massive industrial base, advanced technology capabilities and a merchandise trade surplus of nearly $1.2 trillion, around 70% of unemployed people in the 20-24 age group reportedly hold university degrees. Zoho founder Sridhar Vembu has highlighted this contradiction, warning that India could face a similar problem.
DA hike: Diwali bonanza for UP govt employees, 63% raise announced; revised rates effective from July 1
The revised allowance will be reflected in the November salary, while the arrears for the preceding four months will be deposited separately into their provident fund accounts. The announcement comes ahead of Diwali, with the revised allowance set to benefit a large section of the state's workforce.
Rs 8.02 lakh leave encashment tax exemption denied: Retired employee wins case in ITAT Surat
Retiree Mr. Patel from Bharuch, Gujarat, sought a complete tax exemption on Rs 8.02 lakh of leave encashment. Initially, his company certified only Rs 3 lakh as exempt. The Income Tax Department later imposed tax on an additional Rs 5.02 lakh. To challenge this ruling, Patel approached the Income Tax Appellate Tribunal in Surat, which sided with him, citing the Department's failure to provide justifiable reasons.
Four-time NBA champion Klay Thompson has reportedly made $180 million in 15 years: Here’s a look at his contract, salary and off-court earnings
Klay Thompson has amassed an impressive net worth of $180 million over his 15-year tenure in the NBA. Launching his professional career with the Golden State Warriors in 2011, he has since clinched four NBA championships. Beyond basketball, Thompson enhances his wealth through endorsements and sponsorships, collaborating with numerous brands. Additionally, he made a cameo in 'Space Jam: A New Legacy.
Canva layoffs: CEO Melanie Perkins calls job cuts ‘hardest moment’ in company's history, says ‘deeply sorry’. Read full letter
Canva Group, recognized as a prominent Australian graphic design platform, is set to undergo significant changes with a restructuring plan that impacts its workforce. The company has announced the elimination of 1,271 jobs, representing about 22% of its total employees. After a decade of steady growth, this move aims to optimize operations.
68.4% respondents in survey plan job change in 2027; half seek 31%-plus pay hike: Survey
According to a recent survey, 68.4 percent of Indian professionals are planning to explore new job opportunities in 2027. Career growth is identified as the primary motivation for changing jobs, with high salary expectations influencing decisions as well. The report highlights that most professionals feel confident about their job prospects in the evolving job market. Many are actively engaged in upskilling, especially in AI.
Uttarakhand announces 3% DA hike for employees ahead of Diwali
Uttarakhand Chief Minister Pushakar Singh Dhami has approved a 3% increase in Dearness Allowance for state employees. This decision raises the DA rate from 60% to 63%. The increase follows a similar decision by the union government, effective since July 1. The benefits of this increase will extend to various personnel in local bodies and educational institutions.
Ahead of Diwali, Gujarat govt hikes DA by 3% for employees, pensioners
The Gujarat government has announced a 3% Dearness Allowance hike for 4.62 lakh serving employees and 5.07 lakh pensioners ahead of Diwali. Effective from July 1, 2026, the increase will bring four months of arrears with November salaries and pensions, costing the state Rs 523 crore in arrears.
'One layoff can expose years of poor financial planning': Man earning ₹40 lakh LPA gets laid off, reveals ₹2 crore home loan, ₹30 lakh personal loan and pending car EMIs
After losing a job with a salary of ₹40 lakh per annum, a man faces severe financial stress. He has ongoing loans, including a ₹2 crore home loan and a ₹30 lakh personal loan. With a baby on the way and just two months of savings left, he struggles to meet the demands. Although he received job offers at half his previous salary, he is uncertain about accepting them.
36-48 months of salary as Diwali bonus, rumours or true? Micron's bonanza to Indian employees confirmed by techie
Micron employees in India are reportedly receiving massive Diwali bonuses, with some payouts allegedly running into several times their annual salaries. Reddit discussions and posts on X have highlighted claims of employees receiving lakhs in cash and additional stock awards. One recently hired employee reportedly received Rs 12 lakh in cash and Rs 8 lakh worth of RSUs against an annual package of Rs 7-8 lakh.
Diwali bonus dilemma: Should a nanny earning Rs 40,000 per month from Pune family get the same festive monthly bonus as a maid?
A Pune family’s question about how much Diwali bonus to pay its domestic workers has led to a debate on Reddit. The family pays its nanny Rs 40,000 per month, compared with Rs 7,000 for its cook and Rs 4,000 for its maid, and is unsure whether the nanny should receive an entire month's salary as a festive bonus. While some Reddit users suggested paying 10-50% of her monthly salary, others argued that one month's salary is the customary Diwali bonus.
Indians turn to side hustles, freelancing as non-salary income rises: ClearTax
Indians are increasingly earning from non-salary sources like trading and freelancing as reported by ClearTax. The percentage of self-filers reporting such income grew significantly from previous years. Data shows that young individuals are entering investment opportunities earlier than ever before. Additionally, women's participation in capital gains and higher income brackets has increased noticeably. This reflects a significant change in financial habits and diversification of income sources among taxpayers.
UK Budget 2026: Skilled Worker salary thresholds, Graduate visa and HPI route changes signal new immigration direction
In its 2026 Budget, the UK Government has unveiled pivotal changes to immigration policies with a focus on driving economic growth and increasing productivity. Key updates include an adjustment to salary thresholds for the Skilled Worker visa and an expansion of the High Potential Individual visa pathway. Additionally, the two-year Graduate visa for international students will continue, emphasizing the importance of skilled migration in the country’s economic strategy.
Less than 1% of Caitlin Clark’s income comes from her WNBA salary: Here’s a look at the endorsements that help her earn $12 million annually
Caitlin Clark, the first overall pick in the WNBA 2024 draft, has excelled since joining the Indiana Fever. She has been highly successful, receiving multiple accolades including rookie of the year and All-WNBA First Team honors. In addition to her WNBA achievements, Caitlin has also contributed to the US national team, winning a gold medal. Her endorsement deals have significantly increased her earnings, contributing to her impressive financial success.
MLB 2027 season is threatened with a lockout as owners push for salary caps, could this lead to missed games? Here’s all you should know
The Major League Baseball (MLB) is approaching a potential lockout as the collective bargaining agreement expires soon. Club owners are proposing a salary cap for the first time in decades, which may alter franchise valuations. While the MLB has not missed games since 1994 due to a strike, the upcoming season could be impacted. The players' association argues against this proposal, citing financial implications for them.
Akasa Air hikes pilots' salaries by up to 15% to retain them
The revised pay structure will take effect January 1, 2027, with fixed monthly salaries increasing across all eight pilot grades, from first officers to designated examiners.
Akasa Air to hike pilots’ salaries by up to 20% from January 2027 as it expands fleet and routes
Akasa Air plans to raise pilots' salaries by up to 20 percent from January 1, 2027. The airline will also increase the minimum protected flying hours to 50 per month for pilots. Additionally, pilots will receive more annual leave and flexible work patterns to improve work-life balance. The airline currently operates 45 Boeing 737 MAX planes and employs over 800 pilots.
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