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WEALTH REDISTRIBUTION CHINA
Opposition alleges petrol prices stable only till Assembly polls get overOpposition members in Rajya Sabha questioned the government's excise duty cuts on petrol and diesel, linking them to upcoming assembly elec...- Inequality angst can derail growthDespite India's low Gini index suggesting income equality, wealth concentration remains high compared to Asian standards. While tax revenue...
- Trump's trade war may bring $750 bn bounty for US, middle-class Americans may not have to pay income tax: Billionaire Chamath PalihapitiyaChamath Palihapitiya supports Donald Trump's tariff strategy, asserting it could redistribute American wealth and realign global markets. H...
- A push, but too little to move the dragonChina's new stimulus plans reveal an acceptance of economic structural adjustment needs. The measures target increased domestic consumption...
- Most definitely not INC's views: Congress distances itself from Sam Pitroda's China remarkSam Pitroda’s recent remarks on China have provoked criticism from the BJP, leading Congress to clarify that his views do not reflect the p...
- How will US elections affect the stock market, economy? ExplainedUS Elections 2024: The US Presidential elections is likely to have a significant impact on the financial market. The high-stake and crucial...
- Inheritance tax: The other ManmohanomicsThe rock of Sisyphus may not seem the best metaphor for a work-life balance. But under an inheritance tax, it is logical that the more we'l...
- 'He may even shed tears on stage': Rahul Gandhi accuses PM Modi of diverting attention from core issuesCongress leader Rahul Gandhi accuses Prime Minister Narendra Modi of diverting attention from core issues facing India, alleging that PM Mo...
- 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...
- Crouching tiger, slowed down dragonChina's investment-led growth has hit a ceiling with its principal trading partners shoring up domestic investment. The model of running an...
- China's real estate magnate Hui Ka Yan loses 93 per cent of his wealthOnce the second-richest person in Asia, the China Evergrande Group chairman's fortune is considerably diminished, moreover, Hui is also fin...
- Water tycoon is China's richest as wealth crackdown batters Jack MaBottled-water tycoon Zhong Shanshan has become China's wealthiest person, according to an annual ranking released Wednesday. He is worth $6...
- View: Focusing on capitalist social values to curb inequality of incomeAs the world’s second-largest economy sets its sight on tackling the widening gap between its haves and havenots — not for the first time, ...
- India needs to focus on growth to alleviate poverty: Economic SurveyThe Survey said that unlike in advanced economies, in India, economic growth and inequality converge in terms of their effects on socio-eco...
- Ensure income for poor, invest in infrastructure: Thomas Piketty“It is not enough to have tax cuts for businesses; you also need to build a system so the poorest have adequate income support,” Thomas Pik...
- High expertise jobs easier to disrupt for AI: Vinod KhoslaAI will impact jobs. The question is when AI disrupts jobs, it will generate lots of income., says Vinod Khosla.
- China's wealth gap widening alarmingly; warns new surveyChina's wealth gap is widening to an alarming level much to the disquiet of ruling Communist Party, according to a survey which asked the g...
- Indians support greater govt role in regulating biz: SurveyMany Indians are in favour of the government doing more to control and own major industries in addition to having larger active role in reg...
- It's time for businessWe need millions of jobs for our young population. It is important to empower local entrepreneurship with constant support from government ...
- India: Delivering on economic promiseOn purchase-power parity index, India is already on the verge of overtaking Japan to become the third largest economy in the world.
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