Economic Survey: Despite significant financial growth in recent years, the Indian corporate sector has not proportionally increased job creation or employee compensation, as highlighted in the Economic Survey for 2023-24. Additionally, the compensation gap between CEOs and median employees in leading companies has widened, with many firms reporting a 20-60% increase in this ratio since the pre-pandemic period.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.