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 India should be concerned about disparities, the fact is that whereas three decades ago about half the people had incomes greater than $2.15 a day, today seven out of eight do, notes T N......
'China seems more intent on creating a new world order rather than shaping the existing one.''India is of course, at this moment in time, aligned with the West-led order because of China's......
Today, with China centrally seated and located, the Global South has an intriguing road ahead.Odds of it becoming a Chinese bloc in the emerging new bipolar world are higher than we'd wish them to......
This could become tricky territory for India, given its basically adversarial relationship with China, its moves to block imports and investment from that country, and to deny market access for......
According to the World Bank, economic growth in middle-income countries, including India, is not accelerating. 'In fact, it is slowing down as incomes increase, with the trend becoming more......
'Generating employment requires a shift in policy.''If not, the country will face economic, social and political challenges in the coming years.' IMAGE: Finance Minister Nirmala Sitharaman arrives......
Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy. IMAGE: Inside a factory in West Bengal. Photograph: Sahiba Chawdhary/Reuters......
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......
If Ahmedabad is India's preferred candidate, as seems likely, hosting Olympics 2036 should give it a leg up: A bigger airport, a better metro network, more hotels, flyovers and so on, observes T N......
A round-up of the action in the Premier League on Saturday. Brentford shock Manchester City IMAGE: Brentford's Ivan Toney scores their second goal. Photograph: Jason Cairnduff/Reuters Brentford......
IMAGE: Hungary's Timea Babos (left) and France's Kristina Mladenovic pose with the winners trophy after winning the French Open women's doubles final on Sunday. Photograph: Julian Finney/Getty......
IMAGE: Bournemouth have accepted Manchester City's 41 million pound offer for central defender Nathan Ake. Photograph: Action Images/Reuters Manchester City have had a 41 million pound ($53.30......
Barcelona sell Arthur to Juventus for 72 million euros, buy Pjanic for 60 million IMAGE: Barcelona's Arthur celebrates scoring their second goal with Lionel Messi and Luis Suarez. Photograph:......