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......
Dr Manmohan Singh would be faced with very few choices in Beijing given the Chinese conceived notions of the world today and India’s low ranking in their calculus, says Srikanth Kondapalli.......
'He is the man,' US President Barack Obama had said at a G-20 gathering, enhancing Lula's stature.Six years later, has Brazil's impressive economic growth turned to sand?Will a President, who......
'Modi is the first BJP leader to try to include Dalits in its fold.''But the rank and file of his party is backward and want to bash up Muslims and Dalits whenever they have a chance.' In Raisina......
The issue of class and privilege has been in the news in the US lately, with The New York Times running a serieson the topic and the Wall Street Journal carrying some stories as well. The......
The average Chinese family's assets in 2012 were valued at 439,000 yuan ($66,596). One per cent of Chinese households own one-third of the nation's total assets, vastly increasing the gap between......
The drop was amplified by exchange rate depreciation: at fixed exchange rates, the loss would have been 2.1%. Illustration: Dominic Xavier/Rediff.com Covid-19 pandemic that brought life to a near......
The Gini coefficient, which reflects the wealth gap between rich and poor, was at 0.474 level for China in 2012 -- well above the warning levels, a report has said. Known as the Gini coefficient,......
A spectre of instability awaited China as the widening gap between rich and poor reached 'dangerous levels of wealth inequality', a report by a Chinese NGO has said ahead of a key meet of the......
In economic writings on India it is commonplace to describe Indian economic inequality to be relatively low, says Pranab Bardhan. In economic writings on India it is commonplace to describe Indian......