Taxing ultra-wealthy can boost GDP by 2.73%: Piketty-backed Study

India needs to impose a 2 percent tax on net wealth exceeding Rs 10 crore and a 33 percent inheritance tax to deal with the problem of rising inequality in the country, a new research paper......

The A-W Of Desi Guests At the White House Dinner

The dinner Jill Biden and her husband US President Joe Biden hosted for Prime Minister Narendra D Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments,......

US ex-defence secy, architect of modern Indo-US security ties, Carter dies

US former defence secretary Ashton Carter, considered to be the architect of modern India-US security partnership, has died. He was 68. In a tribute, President Joe Biden called him a “born......

Adampur bypoll: BJP, AAP pin hopes on 'turncoats'

The young and suave candidate of the ruling Bharatiya Janata Party, Bhavya Bishnoi, looks to defend his 'family bastion' for five decades, while the main opposition Congress has placed its bet on......

Top 1% Indians Earn 23% Of Income

Wealth, which can broadly be a measure of assets held as opposed to income earned, is unequally distributed. Illustration: Dominic Xavier/Rediff.com   India's richest people now have a larger......

Reports of coal crisis baseless: Sitharaman

Amid reports of the ongoing coal shortage in the country, Finance Minister Nirmala Sitharaman stressed that there is no shortage and termed these as “absolutely baseless”, saying India......

India looks at close to double digit growth this year: Sitharaman

India is looking at near close to double-digit growth this year and the country will be one of the fastest-growing economies, Finance Minister Nirmala Sitharaman has said. IMAGE: Finance Minister......

Arvind Subramanian: 'Brace for slower growth'

'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.''Interest rates have come down, inflation is down and the rupee has bounced back.''If......