'Taxing Billionaires Is Not A Bad Idea'

'If we want real democracy, the economy itself will need to be democratised.' IMAGE: Senior Bharatiya Janata Party leader Narendra D Modi holds a roadshow for the Lok Sabha elections in Varanasi,......

Why the Poor vote for Modi, and Rich vote for Left

Why are the poor turning Right instead of turning toward far-Left parties, ponders Pranab Bardhan. Illustration: Dominic Xavier/Rediff.com   Some decades back the typical voting pattern in......

Jaipur Literature Festival kicks off at Diggi Palace

Soulful strains of classical music wafted through the chilly air as the ninth edition of the Zee Jaipur Literature Festival kicked off in Jaipur on Thursday at its usual venue, the sun-kissed Diggi......

Confronting a new world order

India has some ability to influence what the world order will look like, but it needs to make structural changes to the ministries of external affairs and commerce, and evolve formal coordination......

Over 85% Billionaires Are Upper Castes

While other backward classes had a share of 9 per cent, there were no scheduled tribe billionaires. Illustration: Uttam Ghosh/Rediff.com   Caste shows, even in riches. More than 85 per cent......

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......

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......

Are Wealthy Indians Paying Less Tax?

While movie stars like Akshay Kumar, Amitabh Bachchan and Salman Khan are among the top I-T payers, very few of the wealthiest Indians figure on the list. Illustration: Dominic Xavier/Rediff.com......