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INDIA GINI INDEX
Sensex rises! These stocks are up over 15% on BSEIn the Nifty50 index, 23 stocks were trading in the green, while 27 stocks were in the red.
Inequality angst can derail growthDespite India's low Gini index suggesting income equality, wealth concentration remains high compared to Asian standards. While tax revenue...
'Intellectually dishonest': Cong slams govt assertion on India being among 'most equal' countries, calls PIB as Press (mis)Information BureauThe Congress party has strongly criticized the Modi government's claim that India is among the world's most equal countries, labeling it as...
India beats US, China, G7 & G20 nations to become one of the world’s most equal societies: Here’s what World Bank saysRecent World Bank data indicates India's progress in income equality, achieving a Gini Index of 25.5, ranking fourth globally. This improve...
India lifted 170 million out of poverty in a decade: World BankA World Bank report reveals India lifted 170 million people out of poverty between 2011-12 and 2022-23, with extreme poverty declining sign...
Sensex falls! These stocks fell 5% or more in Monday's sessionIn the Nifty pack, 4 stocks closed in the green, while 46 stocks ended in the red.
Gotta fix those inequality gapsSince 1947, India has experienced considerable economic expansion, yet the advantages of this growth have not been evenly spread. The era o...
Brookings report backs PM Modi's policy thrust, says it helped eliminate extreme povertyA commentary authored by economists Surjit Bhalla and Karan Bhasin from The Brookings Institution stated that the pace of poverty reduction...
Inequality is a relative concept. Here's what one must do to find the truthOften, in discussions on inequality the intended distribution is that of personal distributions of income. There are no satisfactory data o...
- Sensex rises! These stocks gained over 10% on BSE
In the Nifty 50 index, 31 stocks ended in the green, while 19 stocks closed in the red in today's trade.
Poverty in numbers: What does the data tell us?As per the World Inequality Report, the top 10% and the top 1% in India still control 57% and 22% of the national wealth, while the bottom ...
Where the world’s richest 1% are gaining wealth the fastestThe richest 1% in eight of the 10 nations boosted their share of the wealth last year, primarily due to interest rates cuts following the C...
View: To call inequality India's main problem is to miss the whole pictureThe point most intellectuals and columnists miss is that poverty and inequality are two very different things which often do not coincide.
Vast inequality simmers below surface in ChinaChina still has a long way to go because its per capita GDP is still around $4000 to $5000 (depending on how you calculate and what populat...
We must learn to live with growing income inequalityWe should be clearer and less sanctimonious about inequality. Poverty is an absolute concept. Inequality is relative.
- India lost over $125 bn in illicit outflows between 2000-08
The figures of $125 billion illicit outflow of money from India are part of a report to be released by the Washington-based Global Financia...
- Next 10 years could see the Indian economy growing by four times
The next 10 years could see the Indian economy growing by four times, with domestic capital leading the growth.