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WEALTH INEQUALITY
Google cofounder Sergey Brin has spent over $100M to oppose California's billionaire tax. Here's how much he could lose if the proposal is passedBrin has contributed over $100 million to oppose California's proposed wealth tax on billionaires. Proposition 40 would impose a one-time 5...04 Oct, 2026, 08.04 AM IST- Jeff Bezos' ex-wife MacKenzie Scott gave $30 million to Silicon Valley housing group; here’s how her mega donation could help create affordable homes across the Bay AreaMacKenzie Scott has made headlines by donating $30 million to Housing Trust Silicon Valley, a game-changing support for the nonprofit. This...03 Oct, 2026, 06.59 PM IST
- India should tax capital income, not wealth or inheritance: Economist Daniel WaldenstromIndia should focus on taxing capital income, such as corporate profits and dividends, to address inequality. Economist Daniel Waldenstrom s...03 Oct, 2026, 02.21 PM IST
- 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...28 Sep, 2026, 02.32 PM IST
- Billionaires abound in California. Why not tax their wealth?No state may be a more natural fit for a tax on billionaires than California. The state leans left politically, needs funds for healthcare ...20 Sep, 2026, 04.58 PM IST
- Quote of the Day by Malala Yousafzai: ‘One child, one teacher, one book, one pen can…’ - How one person can spark global change with the simplest toolsIndividual determination can spark meaningful global change without massive institutions. Malala Yousafzai’s iconic 2013 United Nations quo...20 Sep, 2026, 03.41 PM IST
- Japanese Proverb of the Day: “Even the judgement of hell depends on money” — A timeless lesson that while money cannot guarantee every outcome, financial power can shape opportunities, influence decisions and affect access to justice, highlighting the importance of fairness and equality in societyJapanese Proverb of the Day: A Japanese proverb highlights money's power over judgment. This saying suggests wealth can sway even ultimate ...17 Sep, 2026, 11.36 PM IST
- In 2011, 'Occupy Wall Street' started in New York, prompting similar protests around the U.S., world, decade later Manhattan lady was rich by $431,000Occupy Wall Street quickly became known for the slogan “We are the 99%,” which was used to express concerns about the distribution of wealt...17 Sep, 2026, 08.15 PM IST
- 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...15 Sep, 2026, 06.35 PM IST
- 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...15 Sep, 2026, 12.30 PM IST
- Gates Foundation warns AI could widen inequality as foundation pledges $1B to expand accessAnd despite the United States' international aid cuts, Gates Foundation CEO Mark Suzman said he would continue pressing Congress and Presid...15 Sep, 2026, 10.18 AM IST
- Global Market: Japan inflation risks put BOJ rate path in focusJapan’s inflation outlook is becoming increasingly sensitive to import costs, yen movements and supply shocks, raising concerns at the Bank...14 Sep, 2026, 11.40 AM IST
- Tagore, the AI economy and the people left behindSan Francisco's tech boom highlights stark societal inequalities and wealth creation's dual nature. A public mural contrasts Lady Liberty's...13 Sep, 2026, 06.34 AM IST
- Quote of the day by Leo Tolstoy: “To evoke in oneself a feeling one has once experienced, ... so to transmit that feeling that others may experience the same feeling — this is the activity of art” A reminder that true art goes beyond perfection or technical skill and lies in honestly expressing emotions and creating a meaningful connection with othersQuote of the day Leo Tolstoy: He viewed art as a means to transmit genuine emotions. He believed true art connected people through shared f...13 Sep, 2026, 12.56 AM IST
- 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...11 Sep, 2026, 09.06 AM IST
- China’s Gen Z is going back to Mao: How economic slowdown & workplace stress are making youth look to the late leader for answersMao Zedong's writings are captivating a fresh wave of audiences among the youth in China today. This resurgence is largely driven by econom...09 Sep, 2026, 07.29 PM IST
- Quote of the Day by Andrew Carnegie: 'The first man gets the oyster, the second man gets the shell.' Life lessons on recognising opportunities, taking initiative, ambition, timing and success from the Scottish-American industrialistQuote of the Day by Andrew Carnegie: Andrew Carnegie's quote emphasises the importance of taking prompt action when opportunities arise. He...08 Sep, 2026, 10.41 PM IST
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