There may be some losers as well as winners. And those who lose their jobs to the new technology will soon find other employment, says Martin Feldstein.
Disparity in India during last six years, senior managers have been paid 11.7 times more than their lower level workers
Income inequality could lead to slower economic growth: IMF
Make in India crucial for growth.
The survey, conducted by non-profit organisation Catalyst in 2013, covers 5,977 companies in 44 countries and draws on work done by GMR Ratings.
'As China rises and India grows to reclaim their earlier positions on the world stage as two of the largest economies and most important countries, there will indeed be some contention between these two powers.' 'There will also be plenty of space and room for cooperation amongst the two of us.' 'As our economic size increases to match the fact that we are the two most populous nations on earth, it will be all the more important for us to keep the interests of our peoples as well as those of the rest of the world in mind.' 'We shall have to grow together rather than as separate and disparate entities,' points out Ambassador Gautam Bambawale -- who served as India's ambassador to China -- in the 7th annual lecture of the Indian Association of Foreign Affairs Correspondents on March 1, 2019.
'It is purely based on real-time hard intelligence.' 'Timing is important. When you are attacking at 3.30 am, then everybody will be in the academy of terrorists.' 'If you attack at 10 am then someone will be out, so timing is very important.' 'Therefore, 3.30 am is the time when every terrorist is sleeping.'
'They are out there, singing about their socio-economic status, their family structures, their politics, the way the system treated them, what they would like to change... and the beauty is that they are positive.' 'They are not bitter or cynical.'
There is a need to have a 'CEO for Mumbai' in order to realise the ambition of making it a global financial centre.
Zlatan Ibrahimovic ignored the predictable boos on his first return to Inter Milan on Wednesday without answering the sceptics who still doubt his ability to finally make a mark in Europe.
Sri Lanka's promising all-rounder Angelo Mathews produced a career best six for 20 to subject India to a humiliating 139 run defeat in the third Tri-series match on Saturday. Sanath Jayasuriya (98) and Thilina Kandamby (91 not out) took Sri Lanka to 307 for six then India succumbed for 168 from 37.2 overs.
RIL Director P M S Prasad addresses the many charges laid at the company's door.
Triple Olympic champion Jamaican Usain Bolt cruised into the second round of the 200 metres at the world championships on Tuesday, 36 hours after shattering the 100m world record to win gold
Bollywood celebrities share their favourite rain moments.
Anil Kapoor talks about his new production, Short Kut, The Con Is On.
The wide gap in national income held by the ultra-rich and the poor is striking.
Three fund managers share their views and state where they are looking for value.
'Life will not improve overnight; it will happen in a gradual manner.'
Pakistan should also be accorded the same 'privilege', the Global Times said.
The so-called fiscal stimulus with which the government spokespersons have gone to town is actually a crazy quilt of disparate offerings devoid of any evidence of their having been woven together with any larger design or purpose.
These photos reveal why looking for a job is not an easy process.
The most serious recommendations to change the financial year came in the years preceded by deficient rainfall. The Jha committee was formed after droughts in 1979-80 and 1982-83, reports Rishika Pardikar/IndiaSpend.
Wishlist for new PM includes growth boosters, reining in inflation, faster project clearance and reversal of Land Acquisition Act
For the 40 young non-resident Indians, who participated in the Pravasi Bharatiya Divas in Jaipur, their visit to the country has been a bitter-sweet one. They were floored by the vibrant culture and impressed by e-governance projects, but disturbed by corruption and other scams plaguing India, says Priyanka
'It is folly to think that religious-identity-based politics and a flourishing economy can co-exist in a diverse society.' 'We can fight and kill each other, or fight together and kill poverty. We cannot do both,' says Dasarathi G V.
For a rapidly radicalising State, uneven population growth among various ethnic groups can be catastrophic, warns Alok Bansal
Globally, just 8 billionaires have same amount of wealth as the poorest 50% of the world population.
Slamming its adversaries for trying to create a divide on lines of secularism and communalism in the country, the Bharatiya Janata Party on Monday charged the Congress and its allies with suffering from "secularitis" disease.
Releasing its annual Global Risks 2014 report, Geneva-based WEF said that the income disparity was the most likely risk to cause an impact on a global scale in the next decade, while other significant risks include extreme weather events, unemployment and fiscal crises.
It was a memorable day for Karnataka on Thursday as the shiny new Suvarna Vidhana Soudha, was inaugurated by President Pranab Mukherjee at Halga-Bastawad on the Pune-Bangalore National Highway, 15 km from Belgaum.
'It is up to New Delhi to take quick advantage of the turn of events in Sri Lanka. Otherwise, Beijing's economic clout and the deep roots it has grown in the island nation may well tempt the new President to play the India versus China game,' says Nitin A Gokhale.
'We cannot ignore the role of public institutions in driving development... I don't see much focus on institutional renewal.'
It is doubtful that our political masters are even aware of the features of the Model Law.
India has performed poorly in removing gender-based disparities, ranking 114 out of 142 countries in World Economic Forum's 2014 gender gap index, scoring below average on parameters like economic participation, educational attainment and health and survival.
On the lines of the Sachar Committee for Muslims, Prime Minister Manmohan Singh has set up a panel to assess the status of Scheduled Tribes, to ensure their progress in socio-economic, health and education fields.
The pattern of economic growth in India is lop-sided, leaving a vast section of the society vulnerable, says an economist from Jawaharlal Nehru University.
It seems property in Pune have a better rate of capital value appreciation than other metro cities.
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