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WHAT IS MIDDLE INCOME TRAP
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...- Advance tax deadline today: What will be the consequences if you miss September 15, 2026, due date?The second advance tax instalment deadline is September 15, 2026. Failure to pay by this date incurs penal interest charges. Advance tax is...
- From cricket to skeet: Mairaj Ahmad Khan, 50, begins fourth Asian Games chase for gloryMairaj Ahmad Khan, a 50-year-old shooter, is competing in his fourth Asian Games. He transitioned from cricket, where he played with Virend...
- Delhi building collapse: HC refuses urgent listing of plea over demolition of adjoining structureThe Delhi High Court on Monday declined to urgently list a plea challenging the MCD's demolition of a building adjoining the Satya Niketan ...
- War in the Middle East is making clothes more expensiveThe ongoing conflict in Iran is causing significant disruptions in global apparel supply chains.
- Quote of the Day by Chinese writer Lu Xun: ‘If a man's proposals met with approval, it should encourage him; if they met with opposition, it should make him fight back; but…’Quote of the Day: Chinese writer Lu Xun believed being ignored was a profound human tragedy. He felt that silence was worse than any form o...
- Quote of the day by Virginia Woolf, 'To depend upon a profession is a less odious form of slavery than to depend upon a father' teaches powerful lesson on financial independence, career, self-reliance, why earning mattersQuote of the day by Virginia Woolf remains powerful because it asks a timeless question: how much control do we have over our own lives? He...
- India’s new middle class money problem: Rs 50 lakh net worth by age 30, but he still feels poor. Financial skill issue or mindset problem?A 30-year-old married man and his wife have built a combined net worth of Rs 50 lakh and earn around Rs 2.2 lakh a month, yet he says he st...
- Two 14-year-old Arizona schoolboys built robot to remove microplastics from water using LEGO, duct tape and pool noodlesTwo Arizona students created a robot to remove microplastics from waterways. Their invention, MP Guard, uses common items like LEGO and poo...
- Venus has a deadly heat blanket that Mercury never had. Why the planet farther from the Sun became the hottest world in our solar systemMercury is closer to the Sun, but Venus is the solar system's hottest planet. Venus possesses an extremely dense carbon dioxide atmosphere ...
- Quote of the Day by Gregory Peck: “I realize now how very short life is, because… – Timeless life lessons from an inspiring quote on letting go, past, failure, acceptance and why life is too short to live with regretsQuote of the Day by Gregory Peck: Gregory Peck’s quote, “I realize now how very short life is, because I've got to be considered to be in t...
- ₹2.5 lakh salary but 84% vanishes before month starts: 29-year-old married Bengaluru professional shares what looks like a story of every third corporate workerDespite a monthly income of ₹2.5 lakh, a Bengaluru professional finds himself under financial pressure due to hefty EMIs and credit card pa...
- What does ‘middle class’ really mean in India? Even Rs 2.5 lakh monthly earners say they are not ‘rich’. 3 factors can explain whyWhat does it actually take to be considered rich in India? A monthly income of Rs 2.5 lakh may sound high, but for many people it still doe...
- 25 dead after cargo ship catches fire in China's port, state media saysTwenty-five people died after a cargo ship caught fire while docked for repairs. The Ocean Melody vessel, sailing under a Liberian flag, ex...
- Salary jumped from Rs 50,000 to Rs 1.5 lakh? CA warns you may be upgrading the wrong things and falling into a wealth trapCA Nitin Kaushik warns that a higher salary does not automatically create wealth if expenses rise alongside income. He advises upgrading fi...
- Two incomes, Rs 3 lakh a month, yet financial freedom feels distant: The double-income trapA Gurgaon-based founder has sparked an online discussion about why a household earning Rs 3 lakh a month may still struggle to feel financi...
- Science says carnivorous plant Venus Flytraps don’t snap shut every time something touches them: Here’s the clever reason whyInside the Venus flytrap’s two-lobed trap are specialized trigger hairs that act as mechanosensory structures. When an insect bends one of ...
- Satya Niketan building collapse: Verbal spat between NSUI-ABVP workers at rescue site as Vinod Jakhar alleges BJP MLA linksThree people died and nine were rescued after a building collapse in Delhi. Rescue operations are ongoing with NDRF and fire department tea...
- 'Every student's life precious, protection must be ensured': Rahul Gandhi on Delhi building collapseA five-storey building collapsed in Delhi's Satya Niketan area today. One person died and several students were trapped under the debris. C...
- Nepali woman found alive days after family began mourning ritesRescuers found Chandika Kumari Shrestha alive after ten days in Nepal's devastating floods. She survived in a narrow pocket of air inside h...
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