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INCOME INEQUALITY INDIA
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 ...
India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...
Saurabh Mukherjea’s global strategy: How Marcellus is hunting compounder stocks across 4 multi-trillion dollar megatrendsSaurabh Mukherjea of Marcellus is avoiding AI giants like Nvidia, instead focusing on companies enabling AI's physical infrastructure. His ...
BRICS+ agriculture beyond borders: Trade and resilience for a food-secure worldWith India’s leadership and BRICS+ cooperation, agriculture can become not only a source of food, but a foundation for resilience, prosperi...
Education policy failure is being dressed up as innovation, employer abdication as a skills gapIndian universities are failing to equip graduates with needed skills. Private firms now offer expensive courses, creating a barrier for ma...
Modi government in panic mode on current economic situation: CongressThe Congress party alleges the Modi government is in panic over the economy. They point to a reported plan to remove capital gains tax on f...
To stay shipshape, cut regulatory flabIn a bid to invigorate the Indian economy, Prime Minister Narendra Modi advocates for a shift towards deregulation. This initiative is desi...
In India’s parched heart, high power costs put cooling out of reachIndia's scorching summers strain power grids, forcing costly upgrades. While cities like Nagpur manage peak demand with advanced cooling, m...
Weaponised dependency: Chinese mercantilism is more damaging to global trade than Trump tariffsThe recent US-China summit saw improved engagement but little progress on global economic challenges. China's trade practices continue to i...
It's popular mechanics 101: India’s edge lies in using AI to enhance human productivity, not replace itThe piece argues that AI is not an inevitable force shaping economic outcomes; rather, societies decide how its benefits are distributed. H...
Noida workers’ unrest: A story of hidden inflation and its impactNoida factory workers protest: Years of rising costs have diminished buying power, creating widespread discontent among many. Wage growth l...
The myth of India’s extreme inequality: What the data gets wrongRecent studies reveal a misrepresentation of income inequality in India, challenging the commonly accepted pre-tax Gini coefficient of 0.61...
India received highest number of regressive tax recommendations from IMF: OxfamAn Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...
1% hold 40% wealth: Financial analyst says income gap in India now worse than under British ruleA new analysis reveals that India's top 1% now possess 40.1% of the nation's wealth, exceeding the wealth held by colonial elites during Br...
Income disparity in India has declined 74.2% since FY14, reveals SBI studyThe SBI report has shown a 74.2% decline in income disparity for individuals earning up to Rs 5 lakh annually between FY14 and FY23, attrib...
How much an average lower-middle class Indian earns in 2024
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...
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...
View: The missing politics of inequalityConsidering the level of inequality in India in recent times, which is incomparable to democracies around the world, one would expect it to...
- 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...