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INDIAN WEALTH INEQUALITY
From OpenAI to Sarvam, governments may want skin in the AI gameGovernments are exploring ownership stakes in leading AI firms like OpenAI and Sarvam AI, signaling a shift in viewing artificial intellige...- Why risk strategy will define India Inc’s next decadeBy converting global risk signals into actionable growth edges, Indian businesses can not only safeguard their operations but also position...
- 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 ...
- Lewis Hamilton and Kim Kardashian are worth $2.45 billion combined—but his anti-billionaire remark is going viral. Here's what he saidSeven-time Formula One champion Lewis Hamilton's clip has sparked a controversy after his past comments on wealth inequality resurfaced on ...
- $50,000 gold watch on Monaco yacht: The 'Iranian rich kid' gifts girlfriend Audemars Piguet as millions back home survive on $3 a dayIranian diplomat's son Sasha Sobhani gifted his girlfriend a luxury Audemars Piguet watch on a yacht in Monaco. The extravagant display spa...
- 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...
- ‘Rs 5,000 mein yaha ghar kaise lu, sir?’: Harvard-graduate Indian investor shares story of Mumbai security guard who cannot rent a house and sleeps in guard roomsHarvard-graduate Indian investor, Vineeth K shared a heartbreaking story about a Mumbai security guard surviving on just Rs 5,000 a month a...
- Quote of the Day by Quobna Ottobah Cugoano: ‘If a man has no love in his heart...’ Why does this centuries-old message feel relevant in the age of hate and online negativity?Quote of the Day by Quobna Ottobah Cugoano: Abolitionist Quobna Ottobah Cugoano's powerful words from the 18th century resonate today. His ...
- ET Awards: Chandrababu Naidu sees no threat to South, asks why oppose women’s reservationAndhra Pradesh Chief Minister N Chandrababu Naidu advocates for a 'population management policy,' encouraging couples to have at least two ...
- 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...
- Study suggests India should impose wealth tax on the ultra-rich to tackle wealth inequalityA World Inequality Lab study recommends India implement a wealth tax on the ultra-rich to combat wealth inequality and boost social sector ...
- India should impose tax on ultra-wealthy to tackle wealth inequality, says studyThe paper titled 'Proposals For a Wealth Tax Package to Tackle Extreme Inequalities in India' propose a comprehensive tax package on the ul...
- Wealth redistribution: The economics behind Rahul Gandhi's 'Robin Hood' ideaThe controversy over Rahul Gandhi's wealth redistribution promise, accused by PM Modi of benefiting Muslims, highlights ongoing economic in...
- When inequality shouldn’t be a concernMilton Friedman and Friedrich Hayek argued that redistributive policies can stifle innovation and productivity. If individuals feel their e...
- 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...
- K-shaped? Kabhi nahinA word that means stacked inequity on one side and stacked privilege on the other was coined by Peter Atwater, a lecturer at Virginia-based...
- India among the most unequal countries with an affluent elite: ReportWhile the bottom half of the population in India earns Rs 53,610, the top 10% earns twenty times more at Rs 11,66,520. While the top 10% an...
- To each, an equity: The implications of wealth inequalityET Evoke’s global experts highlight strategies from government safety nets to equitable corporate norms and companies’ enhanced sensitivity.
- Indian billionaires' wealth equals 15 per cent of GDP, poor becoming poorer: OxfamIt said the wealthiest in India have cornered a huge part of the wealth created in the country through crony capitalism and inheritance.
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