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WEALTH INEQUALITY IN INDIA
Ruchir Sharma’s India scorecard: How it fares on his 10-rule benchmarkRuchir Sharma says India remains a middling investment story rather than a clear outperformer, with strengths in demographics, inflation an...
No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone usersAt the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...
India's middle-income trap has a problem money may fixEconomist Thomas Piketty says India can escape the middle-income trap through massive investment in education, healthcare and infrastructur...
BIS chief Pablo Hernández de Cos warns of a second-round inflation threat from energy pricesCentral banks must monitor energy price impacts and potential second-round inflation effects. Global regulatory coordination is crucial for...
Kharge dismisses Modi's GDP video as 'PR on economy', flags rise in prices, joblessnessCriticising PM Modi's economic claims, Kharge said common people face unemployment, price rise and inequality. He highlighted unemployment ...
Book recommendations by Nikhil Kamath: Looking for your next read? Check out books on managing money, understanding society, death, finding inner calm and exploring human behaviour, recommended by Zerodha co-founder Nikhil KamathNikhil Kamath's reading list extends beyond finance into psychology and biology. His book selections offer insights into wealth, behavior, ...
Quote of the day by Marlon Brando: 'The caste system may be more highly developed in countries like India or England, but every...' - deep quote by Oscar-winning actor of On the Waterfront and The Godfather teaches life lessons on hidden reality of social hierarchies and why social divisions existQuote of the day by Marlon Brando: Marlon Brando believed societies divide people based on status and background. His quote highlights how ...
Number of billionaires grows 4-fold in five years to 576 in AY'26: Income tax return dataFive hundred seventy-six individuals reported over Rs 100 crore income in 2025-26. This figure shows a fourfold increase from the previous ...
Private wealth, public exclusion: Why prosperity isn’t reaching everyoneWealth holds the power for social change, but left completely in private hands with lower thresholds of public participation limits that ab...
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...
Wealth Redistribution Tempest: Much ado about nothing (read no vote bank)?The idea of wealth redistribution proposed by Congress leader Rahul Gandhi has sparked a heated debate in India's political landscape, with...
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...
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...
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...
Inequality rise extreme in India, not so for China: Report