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A recent report from World Inequality Lab titled, โTowards Tax Justice and Wealth Redistribution in Indiaโ, has laid bare the stark economic disparities that plague India. The findings are sobering: nearly 90 per cent of the countryโs billionaire wealth is concentrated in the hands of the upper castes, highlighting a deep socio-economic divide. The analysis in the report unveils a staggering 88.4 per cent of Indiaโs billionaire wealth is controlled by upper castes. In contrast, while Scheduled Castes (SCs) and Scheduled Tribes (STs) together form a significant part of Indiaโs workforce, their representation among enterprise owners remains disproportionately low.
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According to the UBS Billionaire Ambitions Report for 2024, the global billionaire count increased to 2,682, up from 2,544 the previous year. Their collective wealth also surged, reaching $14 trillion compared to $12 trillion last year. To put this g
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According to the World Economic Forumโs Chief Economists Outlook report, India is projected to be the primary driver of global economic growth in 2025 and 2026. This recognition underscores Indiaโs robust economic trajectory and its growing influence
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Razorpay co-founders Shashank Kumar and Harshil Mathur, both 34, have become Indiaโs youngest billionaires, each boasting a net worth of โน8,643 crore. Their success reflects the rapid growth of India's fintech sector. Indiaโs billionaire count has n
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I am going through socio economic survey report of andhra pradesh 2023 and found few stats that i want everyone to look at % change in Andhra Pradesh's performance across various sectors compared to the previous year. src: socio-economic survey repor
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๐คฆ Indian Women Are More Stressed In Workplace Than a Man A recent study has revealed what many working women in India have long suspected: they're feeling more stressed than their male counterparts. A latest report from mental health platform Your
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The Reserve Bank of India (RBI) is expected to implement a total rate cut of 75 basis points (bps) in the current fiscal year, according to a report by The Economic Times. The cuts are likely to be executed in three phasesโ25 bps each in April, Jun
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๐ธ Meet Indiaโs Youngest Billionaires! ๐ Indiaโs entrepreneurial spirit shines through its youngest billionaires, proving age is just a number when chasing dreams. Here are the rising stars of wealth: ๐ฏ 37 Years: ๐ฐ Nikhil Kamath (Zerodha) - $3.
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๐ India Insights by India Quotient is a must-read for anyone building for Bharat! This report dives into the latest trends, challenges, and opportunities shaping Indiaโs futureโfrom urban markets to the heart of Bharat. #IndiaInsights #BuildingFor
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