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Friday, October 3, 2025
TopicWealth gap

Topic: wealth gap

Jaithirth Rao is wrong. Material wealth and economic apartheid are not Positive Economics

Entrepreneur Jaithirth Rao's recent attack on Oxfam report on inequality ignores the fact that only the rich are getting richer in this beleaguered Indian economy.

India’s income inequality fell post 2020 lockdown as rich got poorer, US economic study shows

Non-peer-reviewed paper by US-based non-profit NBER says pandemic brought decline in inequality in two senses, the second being consumption inequality also fell marginally.

Here’s what you need to count among India’s 1%, but it won’t make you rich in US, China

The top 1% covers a wide span, from professionals to billionaires with more wealth than many nations. But the yardstick varies greatly with where you live.

Indians are getting richer faster than people of any other economy, but there’s a problem

India is estimated to overtake China as the fastest wealth-accumulating country in the world soon, but this fortune will be concentrated in the hands of a tiny minority.

Richest 1% Indians own more than half of country’s total wealth, says report

The report, prepared by Council of Social Development, says wealth inequality in India has seen a six-fold increase between 2000 and 2017.

On Camera

The Indian diaspora is under attack. What has gone wrong?

From Indian-origin people being kicked out of Uganda overnight to facing racism in Canada and the UK today, these instances offer lessons for the Indian diaspora.

Nodal officers to fast-tracking NOCs, Kerala govt’s heeding investor concerns, and it means business

As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.

Finnish giant ICEYE to build signature radar microsatellites in India, offers full control to govt

Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.