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INCOME INEQUALITY
Average pay of CEOs of S&P 500 companies rose to record $22.8 million following Elon Musk's nearly $1 trillion compensation, AFL-CIO findsElon Musk's compensation is setting new benchmarks for S&P 500 executive pay. Average CEO pay rose significantly, even as employee wages ar...
AI offers 'lifeline' for emerging economies, World Bank saysArtificial intelligence can accelerate developing nations' progress by a century within ten years. Emerging economies face fewer job threat...
Automatic for the people: Rising incomes reshape India's car marketAs incomes rise and family earnings change, India's automotive market is poised for a notable shift. In the coming decade, middle-income ho...
Number of billionaires grows 4-fold in five years to 576 in AY'26: Income tax return dataFive hundred seventy-six individuals reported over Rs 100 crore income in 2025-26. This figure shows a fourfold increase from the previous ...
Research Reveals a Fundamental Shift in How Investors View ESGESG investing has not disappeared, but it has changed. Longitudinal survey data from U.S. retail investors and large institutional asset ma...
America’s 'midlife crisis' may not be what we think: A study reveals deeper issues and links middle-aged struggles to these factorsMiddle age in the US is increasingly marked by loneliness, stress, and declining well-being, unlike in many European nations where midlife ...
World's highest-consuming 10 pc causing environmental damage of up to USD 5.7 trn annually: StudyThe world's top consumers, mainly in the US and EU, cause trillions in environmental damage annually. Biodiversity loss and climate change ...
Pakistan's poor population swells by 27 mn in six years, poverty surges 7%Pakistan's poverty rate has risen from 21.9% in 2018-19 to 28.9% in 2024-25, pushing around 27 million more people below the poverty line a...
South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staffIn an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing...
Income inequality declining with support from Govt initiatives: ReportIncome inequality in India has declined over the years, aided by government initiatives such as NREGS and DBT. The income share of the top ...
How income inequality significantly contributes to corruption in all its formsThe Gallup World Poll Survey (2019-23) revealed a rise in income inequality and corruption in India, with the top 1% earning 22.6% of total...
'Income inequalities increasing under Modi Govt,' alleges Jairam RameshCongress MP Jairam Ramesh has accused the Modi government of widening the income gap between the ultra-rich and the middle class in India. ...
Congress attacks government on issue of income inequalityThe Congress has accused the Modi government of widening the gap between the ultra-rich and the middle class in India. Congress general sec...
View: India's elite are quite influential but what the country needs from them is empathyIndia is increasingly becoming home to the oligarchs. In business, there is a reasonable dominance (sixth) of the biggest industries and we...
Jamie Dimon laments income inequality, won’t assail CEO pay“I think the wealthy have been getting wealthier too much, in many ways,” Dimon said.
Income inequality to rise further, jobs remain a chimera: StudyThe study added that even though per capita income stands at $1,850, it is "shockingly" low at $400 for the bottom 660 million or 50% of th...
Slashing CEO pay won't eliminate income inequality: JP Morgan chief Jamie DimonJP Morgan CEO Jamie Dimon says cutting down on executive compensation wouldn't help eliminate income inequality.
Obama vows to strengthen middle class, fight income inequalityObama also said the widening income inequality and the lingering effects of the financial crisis have frayed America's social fabric and un...
- India's income inequality has doubled in 20 years
Inequality in earnings has doubled in India over the last two decades, making it the worst performer on this count of all emerging economie...
- Income inequality up both in rural and urban areas
Here’s another proof that the finance minister may chant the inclusive growth mantra in his Budget speech later this month. Contrary to pop...