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One per cent of India’s billionaires own over 40% of country’s total wealth: Report

One per cent of India’s billionaires own over 40% of country’s total wealth: Report

An Oxfam International report suggests that if India’s billionaires were taxed once at 2 per cent, it could generate ₹ 40,423 crore which is enough to feed nutrition to the country’s malnourished for 3 years

16 Jan 2023 7:36 AM GMT

PM Modi lauds India becoming world's 5th largest economy as one of...

25 Dec 2022 10:00 AM GMT

YouTube creators contribute over Rs 10,000 cr to Indian economy

YouTube creators contribute over Rs 10,000 cr to Indian economy

"We are delighted that YouTube's creative ecosystem continues to power India's creator economy, supporting new jobs and...

2022-12-19T14:23:44+05:30

Mahua Moitra slams Modi government over economy, Asks who is the pappu now

Mahua Moitra slams Modi government over economy, Asks 'who is the pappu now'

She pointed out economic indicators to back her remark and said industrial output shrunk by 4% in October which is the...

2022-12-16T17:21:56+05:30

Indian household savings plunge amid the post pandemic revenge spending

Indian household savings plunge amid the post pandemic 'revenge spending'

Though initially during the lockdowns, people saved their funds, keeping in mind the possibilities of having to spend on...

2022-11-28T11:13:34+05:30

Indias rising coal dependency: The green energy dream is still far away

India's rising coal dependency: The green energy dream is still far away

Recently, Union Finance Minister Nirmala Sitharaman said that uncertainties in the energy sector are an area of concern...

2022-11-13T14:49:30+05:30

IMFs Deputy Director says there is a lot to learn from India

IMF's Deputy Director says there is a lot to learn from India

There is a lot to learn, said Paolo Mauro, IMF’s Deputy Director of the Fiscal Affairs, pointing out the social welfare...

2022-10-13T12:36:41+05:30

Indian economy doing well compared to other major global economies: IMF

Indian economy doing well compared to other major global economies: IMF

IMF Director of Asia and Pacific Department, Krishna Srinivasan said that given the global context of where growth is...

2022-10-12T14:03:26+05:30

RBI raises repo rate by 50 basis to 5.90 to tame inflation

RBI raises repo rate by 50 basis to 5.90 to tame inflation

Mumbai: The Reserve Bank of India on Friday increased the repo rate by 50 basis points to 5.90, the fourth raise this...

2022-09-30T12:26:20+05:30

India rupee sees all-time low after falling 43 paise against the US dollar

India rupee sees all-time low after falling 43 paise against the US dollar

Forex traders say that escalated geopolitical risks due to conflict in Ukraine, a negative trend in domestic equities,...

2022-09-26T12:23:49+05:30

Entities with turnover over Rs 10 cr have to generate E-Invoicing from Oct

Entities with turnover over Rs 10 cr have to generate E-Invoicing from Oct

Several categories of registered persons like an insurer or banking company, including non-bank finance companies, goods...

2022-09-08T16:33:34+05:30

Inflation is higher than national level in states that have not reduced fuel prices: Nirmala Sitharaman

Inflation is higher than national level in states that have not reduced fuel prices: Nirmala Sitharaman

The Finance Minister said that the states where the fuel prices have not been reduced are witnessing higher inflation...

2022-09-08T16:22:25+05:30

India pushes the UK behind to become the worlds fifth largest economy

India pushes the UK behind to become the world's fifth largest economy

The Indian economy is anticipated to expand by more than 7% this year. Indian equities have recently had a ...

2022-09-03T13:48:51+05:30

India on the path to becoming the fastest-growing economy: RBI

India on the path to becoming the fastest-growing economy: RBI

Despite the downfall of the Indian rupee, the Reserve Bank of India said that the country is on course to become the...

2022-07-17T19:38:28+05:30

Modi is harmful for the rupee, alleges Congress

Modi is harmful for the rupee, alleges Congress

"The RBI's effort to strengthen the rupee has failed because investors do not have the slightest faith in the policies...

2022-07-15T21:58:55+05:30

Amid Indias struggles to tide over hurdles, economy projected to be fastest growing

Amid India's struggles to tide over hurdles, economy projected to be fastest growing

New Delhi: Amid the inflationary pressures, uneven recovery of the labour market curbing private consumption and...

2022-05-19T12:35:35+05:30