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.
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.
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.
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.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
A panel of experts moderated by ThePrint’s Editor-in-Chief Shekhar Gupta drew connections between insights of 1965 Indo-Pak War and strategic takeaways highlighted by Op Sindoor.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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