In 1996, a Colorado ski town opened a free gondola as public transit; nearly 30 years later, it still carries about 3 million riders a year between two townsIn Colorado, a unique gondola system has been enhancing connectivity between two towns since 1996, allowing passengers to traverse effortle...
23 Sep, 2026, 01.20 PM IST
Billionaires abound in California. Why not tax their wealth?No state may be a more natural fit for a tax on billionaires than California. The state leans left politically, needs funds for healthcare ...
20 Sep, 2026, 04.58 PM IST
Rs 9,580 for a 22-minute cab ride: Indian man in Norway explains the real reason taxi fares are higher. ‘No rich and poor.’An Indian man living in Norway recently shared his expensive taxi ride, which cost more than Rs 9,000. The experience shed light on Norway’...
18 Sep, 2026, 06.19 PM IST
Psychology says people with more social freedom are far more optimistic and willing to delay immediate happiness for long-term successGreater freedom in forming new relationships within societies encourages individuals to forgo immediate pleasures. This relational agility ...
05 Sep, 2026, 12.58 PM IST
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 ...
05 Jan, 2025, 11.35 PM IST
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...
02 Aug, 2024, 11.53 PM IST
'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. ...
23 Oct, 2023, 07.11 PM IST
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...
23 Oct, 2023, 02.08 PM IST
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...
01 Nov, 2020, 11.20 PM IST
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.
12 Nov, 2019, 09.50 AM IST
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...
01 Oct, 2017, 09.38 PM IST
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.
18 Sep, 2015, 01.15 PM IST
Checking income inequality key to fighting poverty in India: ReportAccording to the report, India could end extreme poverty for 90 million people by 2019 if income inequality was reduced.
31 Oct, 2014, 08.06 PM IST
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...
28 Jul, 2013, 07.34 PM IST
- 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...
07 Dec, 2011, 09.43 AM IST
- Gap between high and low wage earners widened since 1990: study
The gap in income inequality has considerably widened around the world since the early 1990s despite strong economic growth that created mi...
17 Oct, 2008, 01.12 PM IST
- 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...
07 Feb, 2008, 01.00 AM IST