In absolute terms, the daily wages have been raised in the ₹7-26 range, according to a notification by the rural development ministry. The increase assumes significance, as the MGNREGS rates serve as the benchmark for rural wages and influence the rise in industrial wages as well.
US stocks: Tech selloff weighs down Wall Street as bond yields climb
Wall Street faced a downturn as escalating tensions in the Middle East triggered a surge in bond yields. A steep decline was particularly evident in