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......

'America Is In For A Period Of Extended Domestic Turmoil'

'Trump's disregard for norms and institutions could prove very costly for America's social fabric.' IMAGE: USA President-elect Donald Trump meets with Republican members of the US House of......

'Economics Nobel' for research into prosperity of nations

The Royal Swedish Academy of Sciences on Monday has decided to award the 2024 Nobel Prize also known as the Sveriges Riksbank Prize in Economic Sciences to Daron Acemoglu, Simon Johnson and James A......

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......

2024 Economics Nobel awarded to Daron Acemoglu, Simon Johnson, and James A Robinson

The Royal Swedish Academy of Sciences on Monday has decided to award the 2024 Nobel Prize also known as the Sveriges Riksbank Prize in Economic Sciences to Daron Acemoglu, Simon Johnson and James......

Tomato price volatility exposes gaps in India's agriculture supply chain

Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Photograph: Amit Dave/Reuters......

MFIs' asset quality takes heatwave hit

The asset quality of microfinance portfolios worsened in the quarter ending June 2024 due to the impact of heatwaves on borrowers’ incomes and collections, coupled with rumours of loan......

'Our objective is to keep improving Casa ratio'

'The Casa ratio is at 33.4 per cent, which has to keep improving. Right now, there is a bit of liquidity pressure in the market.' Bandhan Bank posted a 47 per cent jump in net profit in the first......

Salute the Power & Glory of Indian Cinema!

It is the most potent symbol of India's soft power -- more perhaps than the IT industry and our managerial skill, notes Vanita Kohli-Khandekar. IMAGE: Kajol and Shah Rukh Khan in a scene from......