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WEALTH DISPARITY IN INDIA
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...
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...
When billionaire Nithin Kamath wanted to earn just Rs 5 crore and retire in GoaNithin Kamath warns wealth inequality, driven by asset inflation and concentrated ownership, risks social strain. Reflecting on his journey...
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...
Property tax overhaul in NDMC: What the new Unit Area System means for youThe New Delhi Municipal Council is adopting a new property tax system. This move to the Unit Area Method will bring fairness and predictabi...
Around 60% of India's uber-rich's wealth parked in real estate and gold: Bernstein ReportA new report reveals that a significant portion of India's Uber rich wealth remains invested in real estate and gold. The Uber Rich, a smal...
As India gets busy with income tax calculator, techie sparks debate saying 'anyone earning 60LPA is poor’Finance Minister Nirmala Sitharaman announced a new tax regime exempting taxpayers with salaries below Rs 12 lakh from paying tax. This spa...
'Work is a majboori': Bombay Shaving Company's CEO Shantanu Deshpande reveals why 99% Indians dislike their jobsShantanu Deshpande, CEO of Bombay Shaving Company, believes most Indian employees are dissatisfied with their jobs and would leave if they ...
Mumbai CEO, an IIM graduate, says 'work hard, climb up' advice for ordinary employees benefits the richShantanu Deshpande, CEO of Bombay Shaving Company, questions the fairness of trading time and energy for a paycheck, highlighting widesprea...
The trilemma of inequalitiesIndia's economic growth over two decades has reduced poverty but not equitably. Covid-19 increased income, expenditure, and savings inequal...
From Piggy Bank to Bull Run: 3 signs that middle class is making money in stock marketA recent report from Morgan Stanley reveals a notable trend in wealth accumulation in India over the past decade. Indian households have co...
1 in 5 babies born via C-section in India, more in private facility than public: StudyA study published in The Lancet Regional Health-Southeast Asia found that over 21% of deliveries in India are via caesarean section (C-sect...
India among top countries with high income, wealth inequality: new UNDP reportA recent UNDP report reveals that India, despite rapid economic growth, grapples with high income and wealth inequality. While the country ...
Adhir flags 'stark disparities', bats for job creation to emerge as developed nationAdhir Ranjan Chowdhury, a Congress leader, highlighted the significant wealth disparity in India and emphasized that bridging this gap is c...
Rural India can only develop through cooperative business model, says Amul MD R S SodhiAddressing a conference organised by CII, Institute of Rural Management Anand (IRMA) and International Labour Organization (ILO), Sodhi sai...
Pranab Mukherjee urges youth to remove “disparity and inequality” in India"By 2022, India will have world’s largest working population. There will be a shortage of working population in the world and India may sup...
- Ratan Tata's 'remarks' on Mukesh Ambani home sparks controversy
Tatas disputed the reported attribution to its chairman, saying that the comments were taken out of context and factually incorrect.
- India Inc asks govt to push reforms in agri sector
Industry titans Ratan Tata and Sunil Mittal said India needs to push reforms to overcome economic disparities and be counted among the top ...
- Tata concerned over poverty despite transformation of economy
Industry doyen Ratan Tata today warned that "absence of strong unified ideological construct in Parliament" would hinder the impressive gro...