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INDIA INCOME DISPARITY
NSE IPO: Nithin Kamath explains why India has few businesses like this ‘cash generating machine’In a post on X, formerly Twitter, Kamath described NSE as a "cash generation and distribution machine", noting that the exchange earned mor...- Delhi high street retailers push NDMC to rework property taxAt the New Delhi Municipal Corporation (NDMC) under which these markets come, the property tax is up to 25% of the rent collected while in ...
- 8th Pay Commission update: Defence civilian employee body seeks pay, promotion at par with Railway employeesDefence civilian employees are seeking equal pay scales, promotions, and benefits as Railway employees. They also want risk and hardship al...
- India labour market remodels itself bit by bit as agri slowly cedes ground, workforce moves onIndia's labour market is undergoing a structural transformation driven by the country's broader economic transition, a report by SBI Resear...
- Bringing 'Kapitalism' Back to Kolkata: Why Bengal needs an economic resetKolkata is poised for an economic resurgence. A new capitalist approach and strategic structural changes are set to reverse capital drain. ...
- Indian truck driver’s account exposes tough work conditions in Europe, ignites debate on life abroadA Reddit user detailed the arduous reality of trucking and warehouse jobs in Europe, emphasizing continuous physical strain and minimal res...
- Forget Rs 1-2 crore, startup founder says now you need Rs 40 crore retirement fund if you want to live in a cityA recent podcast clip ignited discussions about retirement savings. One financial expert proposed a ₹40 crore corpus for individuals with m...
- What Noida's factory protests mean for India's wage debateFactory workers' protests in Noida have reignited India's minimum wage debate. Rising inflation erodes real wages, impacting workers' purch...
- Petrol may vanish from your nearby pump, but that would be fineIndia is accelerating its move away from petrol and diesel, signaling a post-fossil fuel era for transport. Driven by economic, environment...
- 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...
- Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
- You are not as ‘middle class’ as you think! CA gives a shocking reality check to India’s largest income groupA recent tweet by Nitin Kaushik reveals India's class divisions based on income. Many Indians who identify as middle class may fall under t...
- Noida Momo seller claims to earn Rs 1.5 lakh profit per month. Still not happy, his reaction shocks relativesA Noida momo seller's dissatisfaction with a Rs 1.5 lakh monthly profit has ignited a debate about shifting income aspirations in India. Wh...
- The trilemma of inequalitiesIndia's economic growth over two decades has reduced poverty but not equitably. Covid-19 increased income, expenditure, and savings inequal...
- Is the rich getting richer? Examining India's growing income disparityThe PLFS data reveals rising income inequality in India's labour market from 2017-18 to 2023-24, with the top earners experiencing faster i...
- 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...
- India's economic growth masks deepening income inequality & sectoral disparitiesThe Indian economy is experiencing robust GDP growth, macroeconomic stability, and significant foreign capital inflows. However, there is a...
- Income disparity between rich and poor growing rapidlyThe average spend (or income) of the richest group in urban areas was 12 times that of the poorest group; in 2012, it had increased to 15-f...
- India needs to increase spending on healthcare: WHOWhile India's life expectancy has gone up to 65 years in 2009. Global life expectancy was still higher at 68 years in 2009.
- High inflation to weigh on real income growth, says surveyFood price inflation has been a major negative while the current spending and spending intentions remain heavily skewed towards essential i...
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