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Salaries in India to increase by 10% in 2019: Report

Salaries in India to increase by 10% in 2019: Report

Finance
Workforce in India have something to cheer about. India is likely to lead salary growth forecast in Asia, according to a Korn Ferry forecast. Salaries in India are expected to increase by 10% in 2019 as compared 9% last year and inflation-adjusted real-wage increases are expected to be 5% in 2019, up from 4.7% last year. “Consequent to rapid economic growth, India continues to enjoy the highest overall salary increases and real-wage growth in Asia. While inflation indices are a solid benchmark for reviewing market trends in pay, we recommend that companies take a broader perspective to define their business strategy and cost drivers in view of increasing automation, use of new technology and the rising demand for skilled workers," Navnit Singh, Chairman & Regional Managing Direc...
Wells Fargo slated to report fourth-quarter earnings on Tuesday — here's what Wall Street expects

Wells Fargo slated to report fourth-quarter earnings on Tuesday — here's what Wall Street expects

Finance
Wells Fargo is scheduled to report fourth-quarter earnings before the market opens on Tuesday. Here's what Wall Street expects: Earnings: $ 1.16 cents per share, forecast by Refinitiv.Revenue: $ 21.73 billion, forecast by Refinitiv. Wells Fargo is still working through its regulatory issues after the Federal Reserve reportedly rejected its plan to prevent more consumer abuses at the bank. It is also in the midst of a cost cutting plan, including the elimination of up to 10 percent of its headcount. Investors a...
AI identifies precancerous cervix better than human experts, report says

AI identifies precancerous cervix better than human experts, report says

Health
Jan. 10 (UPI) -- A new artificial intelligence method could be key for future diagnosis of cervical cancer. The algorithm, developed by researchers at the National Cancer Institute, was 91 percent accurate in diagnosing cancer in women during a study in Costa Rica, according to findings published Thursday in the Journal of the National Cancer Institute. "Our findings show that a deep learning algorithm can use images collected during routine cervical cancer screening to identify precancerous changes that, if left untreated, may develop into cancer," Mark Schiffman, a researcher at the NCI's Division of Cancer Epidemiology and Genetics and study senior author, said in a news release. "In fact, the computer analysis of the images was better at identifying precancer than a human expert revie...
Holiday spending could take up to 5 years to pay off: Report

Holiday spending could take up to 5 years to pay off: Report

Finance
Consumers were rightfully feeling merry about the holidays, but the ensuing debt hangover — along with a market downturn, rising interest rates and a government shutdown that's now in its third week — could dampen all of that cheer. While the surge in spending last month may have contributed to the best holiday shopping season in years, Americans racked up more than $ 1,000 in holiday debt at the end of last year, according to MagnifyMoney's annual post-holiday debt survey. On top of that, 28 percent of shoppers went in to the season still paying off debt from 2017's festivities. Even still, most Americans continu...