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......
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......
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......
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 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,......
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,......
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......
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......
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:......