UK's richest 10% took half of wealth from India during colonialism

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to......

China to build world's largest dam near India border

China has approved the construction of the world's largest dam, stated to be the planet's biggest infra project costing $137 billion, on the Brahmaputra River in Tibet close to the Indian border,......

Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

India Inc earns fat profits but wages have not kept pace

Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing......

TN govt powers Foxconn residence for 18K women

The Tamil Nadu government is set to unveil a housing initiative for 18,720 women employed by Taiwanese tech giant Foxconn, a key supplier to iPhone-maker Apple, this Saturday. Photograph: Quinn......

What Will FM's Budget Speech Focus On?

The finance minister, in her Budget speech, should focus more on what she is directly responsible for, rather than on programmes where her role is largely supportive, notes Nitin Desai. IMAGE:......

JP Morgan gives 'overweight' rating to four Adani bonds

US investment banker JP Morgan has given 'overweight' rating on four Adani group bonds, comforted by ability to scale and grow using internal cash flows which reduces the scope for credit stress.......