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INCOME REDISTRIBUTION
AI is coming for your job, but what If it also paid you $60,000 a year?- A new IPO frenzy: Why is Bharat making a beeline for bourses?Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fa...
- 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...
- Industrial Bong for the Buck: A blueprint for West Bengal’s evolution from an entrepot to a production hubWest Bengal’s hopes of an industrial revival face structural challenges despite strong manufacturing growth over the past decade. A NITI Aa...
- South Korea stocks gyrate as top aide floats AI ‘dividend’South Korea is considering a 'Citizen Dividend' from AI profits. A top policymaker proposed using excess tax revenue to benefit all citizen...
- Americans could get $1,700 back in a new tax credit; here's who qualifies and how to claim itA new federal education tax credit is putting up to $1,700 back on the table for eligible Americans, and families across the U.S. are start...
- Why New Zealand is emerging strongly in India’s study abroad resetThe India-New Zealand FTA signals a significant shift in international student mobility, with New Zealand emerging as a primary choice for ...
- South Korea official floats AI profit social tax as tech giants boomA top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom drives massive earni...
- South Korea’s radical 'AI dividend' proposal: A bold future or a market nightmare?South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits,...
- Quote of the Day by MacKenzie Scott: "I have a disproportionate amount of money to share."Quote of the Day by MacKenzie Scott reflects her evolving approach to wealth and philanthropy. As one of the world’s wealthiest individuals...
- Social Security is getting a $100,000 cap, and millions of Americans need to know this right now - are you affected?A Social Security benefits cap is gaining urgency as new data warns the trust fund could be depleted by 2032. This $100,000 Social Security...
- PM's economic advisory panel flags demand surge for caregivers, seeks policy overhaul for sectorIndia's Prime Minister's economic advisory panel recommends a major revamp of the care sector. Demand for caregivers is expected to surge p...
- Care economy in India: EAC-PM working paper lays out a roadmapThe paper, Re-imagining the Care Economy: From Private Burden to Social and Economic Infrastructure and co-authored by Shamika Ravi, member...
- A resolution for the potential global jobs crisis: the Human Capital Monetisation Economic SystemAmid growing global concerns over a widening employment gap, a new economic framework has been proposed to address what experts warn could ...
- From Asimov to Terminator: The rise of the working robotJapan Airlines is testing robots for baggage handling at Haneda airport. These robots could also clean aircraft cabins. This move addresses...
- Rain check! A dry economic switch may add to Indians' war-led shocksAs India braces for an expected below-average monsoon alongside the looming threat of El Niño, concerns mount over a potential inflation sp...
- 8th Pay Commission for postal employees: Rs 1.12 lakh basic pay proposed for postman; what postal employee body wants from 8th CPCFederation of National Postal Organisations's (FNPO) memorandum included issues related to postal assistants, sorting assistants, postmen, ...
- Did Microsoft lose its AI edge? What changed in the Microsoft OpenAI deal— and why Microsoft stock fell while Amazon stock surged?What changed in the Microsoft OpenAI deal? Microsoft stock fell 2–3% after the Microsoft OpenAI deal ended exclusivity, shaking the AI mark...
- 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...
- Brain drain at OpenAI: 3 top leaders leave in a single day—Sora ends, billions lost despite AI boomOpenAI sees three top executives leave on the same day. This follows the company's decision to close experimental projects like Sora, its A...
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