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WEALTH INEQUALITY IN INDIA
There could be a pretty big global shock, says Nobel laureate & economist Michael SpenceMichael Spence highlights the economic growth of India and China, noting India's potential growth trajectory. He emphasizes India's advance...- India should tax capital income, not wealth or inheritance: Economist Daniel WaldenstromIndia should focus on taxing capital income, such as corporate profits and dividends, to address inequality. Economist Daniel Waldenstrom s...
- Ruchir Sharma’s India scorecard: How it fares on his 10-rule benchmarkRuchir Sharma says India remains a middling investment story rather than a clear outperformer, with strengths in demographics, inflation an...
- No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone usersAt the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...
- India's middle-income trap has a problem money may fixEconomist Thomas Piketty says India can escape the middle-income trap through massive investment in education, healthcare and infrastructur...
- BIS chief Pablo Hernández de Cos warns of a second-round inflation threat from energy pricesCentral banks must monitor energy price impacts and potential second-round inflation effects. Global regulatory coordination is crucial for...
- Kharge dismisses Modi's GDP video as 'PR on economy', flags rise in prices, joblessnessCriticising PM Modi's economic claims, Kharge said common people face unemployment, price rise and inequality. He highlighted unemployment ...
- Private wealth, public exclusion: Why prosperity isn’t reaching everyoneWealth holds the power for social change, but left completely in private hands with lower thresholds of public participation limits that ab...
- India's top 1% grew its wealth by 62% since 2000: G20 reportIndia's wealthiest 1 percent saw their wealth surge by 62 percent between 2000 and 2023. A new report warns global inequality is at emergen...
- View: Don't eat the rich, it'll hurt the restMany countries have attempted to tax the rich through these taxes without success. They fundamentally militate against simple economic logi...
- Wealth Redistribution Tempest: Much ado about nothing (read no vote bank)?The idea of wealth redistribution proposed by Congress leader Rahul Gandhi has sparked a heated debate in India's political landscape, with...
- Study suggests India should impose wealth tax on the ultra-rich to tackle wealth inequalityA World Inequality Lab study recommends India implement a wealth tax on the ultra-rich to combat wealth inequality and boost social sector ...
- India should impose tax on ultra-wealthy to tackle wealth inequality, says studyThe paper titled 'Proposals For a Wealth Tax Package to Tackle Extreme Inequalities in India' propose a comprehensive tax package on the ul...
- Wealth redistribution: The economics behind Rahul Gandhi's 'Robin Hood' ideaThe controversy over Rahul Gandhi's wealth redistribution promise, accused by PM Modi of benefiting Muslims, highlights ongoing economic in...
- When inequality shouldn’t be a concernMilton Friedman and Friedrich Hayek argued that redistributive policies can stifle innovation and productivity. If individuals feel their e...
- View: Market fix for inequalityThe real danger with the equality messiahs is their favoured policy prescription, namely tax. Applying Western narratives on taxing the ric...
- Inequality rises in WestInequality is not a new phenomenon but, in recent years, it has reemerged as a social and political flash point in advanced economies and b...
- India amongst the most unequal countries in the world, says reportAs per the 'World Inequality Report 2022', India is among the most unequal countries in the world, with rising poverty and an 'affluent eli...
- India among the most unequal countries with an affluent elite: ReportWhile the bottom half of the population in India earns Rs 53,610, the top 10% earns twenty times more at Rs 11,66,520. While the top 10% an...
- Inequality rise extreme in India, not so for China: Report
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