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McDonald`s to boost wages for 90,000 US employees

Fast-food giant McDonald`s announced Wednesday that it would increase the wages of 90,000 employees in company-owned restaurants in the United States and offer them paid time-off.

RBI panel for indices on labour, wage to improve policy making

Seeking to address data gap problems, a RBI panel on Tuesday made a case for compilation of separate indices on producer price, labour force, urban wages and household indebtedness with a view to improve monetary policy formulation.