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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......

Over 85% Billionaires Are Upper Castes

While other backward classes had a share of 9 per cent, there were no scheduled tribe billionaires. Illustration: Uttam Ghosh/Rediff.com   Caste shows, even in riches. More than 85 per cent......

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......

India's richest 1% holds 40% wealth, says study

Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 per cent population rising to 22.6 per cent and 40.1 per cent, respectively, in 2022-23, according......

India among the world's most unequal nations: Report

India stands out as a poor and very unequal country, with the top 1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom half just 13 per cent,......

Top executives earn 3,000 times more than average staff

The top companies with a striking gap in pay between the senior-most executives and median employees in 2017-2018 belonged mostly to sectors such as information technology, auto and engineering,......

Europa League PIX: Leverkusen win at Roma; Marseille held at home

IMAGES from the Europa League semifinal matches played on Thursday. IMAGE: Bayer Leverkusen's Florian Wirtz celebrates scoring their first goal. Photograph: Alberto Lingria/Reuters Goals by......

Champions League: Napoli thrash Liverpool; Barcelona win

A round-up of Wednesday's action in the UEFA Champions League. IMAGE: Robert Lewandowski celebrates scoring Barcelona's fourth goal and registering a hat-trick in the Champions League Group C......

Champions League PHOTOS: Ronaldo strike sinks Basel; Arsenal make last 16

Real Madrid's Cristiano Ronaldo (centre) celebrates after scoring a goal during their Champions League Group B soccer match against FC Basel at St. Jakob-Park stadium on Wednesday. Photograph:......

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World Test Championship 2023

India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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