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Top CEOs globally, including India, received a real-term 9 per cent pay rise in 2022, while workers worldwide took a 3 per cent pay cut during the same period, a report showed on Monday.
The affordable smartphone segment is shrinking because of inflation, high input costs and parts shortages, even as the premium phone market expands, indicating that spending by wealthier Indians is roaring even as their poorer counterparts cut back.