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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......

Two Cheers! India Is In A Good Place

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......

'India must have its place in the sun'

'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......

Is China New Leader Of Global South?

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......

BRICS Expansion: Boost For China

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......

India Needs 75 Years To Reach 25% Of US GDP

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......

'Budget Hasn't Addressed Real Economy Issues'

'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......

The Threats To India's Prosperity

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......

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......

2036 Olympics: Coming Out Party For India

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......

EPL PIX: Man City lose chance to go top of league

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......

Babos-Mladenovic defend French Open doubles title

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......

Football Focus: Football: Bournemouth's Ake set to join City, say reports

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......

Football Focus: Barcelona buy Pjanic for Arthur

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:......

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