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WEALTH INEQUALITY IN INDIA
‘Book of the year for me’: Zerodha's Nikhil Kamath shares 5 books that shaped his mindset about finance, life and human behaviourNikhil Kamath, co-founder of Zerodha, shared five influential books that shaped his perspective. His recommendations, spanning finance, psy...- 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...
- In Graphics: India’s wealthy cement their seat on the high tableWhile the USA remains the primary millionaire factory, India outpaced many developed markets in growth. India’s wealth is rooted in real as...
- 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...
- World's highest-consuming 10 pc causing environmental damage of up to USD 5.7 trn annually: StudyThe world's top consumers, mainly in the US and EU, cause trillions in environmental damage annually. Biodiversity loss and climate change ...
- 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 ...
- Elon Musk’s biggest wealth-creation moment: SpaceX IPO turned 4,400 workers into millionaires overnightElon Musk's startup SpaceX's historic IPO made around 4,400 employees millionaires overnight as they accumulated significant wealth through...
- 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 ...
- 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...
- Weaponised dependency: Chinese mercantilism is more damaging to global trade than Trump tariffsThe recent US-China summit saw improved engagement but little progress on global economic challenges. China's trade practices continue to i...
- 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...
- India received highest number of regressive tax recommendations from IMF: OxfamAn Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...
- India's top 1% grew its wealth by 62% since 2000: G20 reportIndia's wealthiest 1 percent saw their wealth surge by 62 percent between 2000 and 2023. A new report warns global inequality is at emergen...
- View: Don't eat the rich, it'll hurt the restMany countries have attempted to tax the rich through these taxes without success. They fundamentally militate against simple economic logi...
- 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...
- 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...
- India amongst the most unequal countries in the world, says reportAs per the 'World Inequality Report 2022', India is among the most unequal countries in the world, with rising poverty and an 'affluent eli...
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