India's income gap (which is the difference in wages earned between different demographic) comes alongside a worsening wealth divide too. The top 1% of India's wealthy controlled 40.1% of the nation's wealth between 2022 and 2023, the same WLI study showed. This is a considerable jump from...
According to a report by the Paris-based World Inequalities Lab, the top 1% of India's population controls 40% of the nation's wealth. India ranks 111th out of the 125 nations in the Global Hunger Index (2023) report. The government, however, has rejected the report's find...
Rich Getting Richer: The wealth of Indian billionaires increased by 35% during the lockdown and by 90 per cent since 2009 to $422.9 billion, ranking India sixth in the world after the US, China, Germany, Russia, and France, according toOxfam. India’s 100 top billionaires saw their fortun...
Jayadev A. A power law tail in India's wealth distribution: Evidence from survey data. Physica A: Statistical Mechanics and its Applications. 2008 Jan 1;387(1):270-6.Jayadev A (2008) A power-law tail in India's wealth distribution: Evidence from survey data. Physica A 387: 270-276....
Inequality has surged in India in the last decade. According to a report by World Inequality Lab, wealth concentrated in the richest 1% of India’s population is at its highest in six decades. The government is aiming for a fiscal deficit of 4.9% of India’s gross dom...
This reinforces confidence in India’s demographic dividend and growing middle-class wealth, which are not only important for driving consumption and strengthening the labor market, but also enhancing the stability of the nation’s financial markets. ...
Build wealthwith Lazy Portfolios and Passive Investing Set your goal Use top metrics to evaluate Join the passive investing strategy Exclusive new asset allocations in EUR and USD Buy now English book Buy now Italian book India 10 Years Bond - Interactive ChartThe...
Review of Income and Wealth, 61 (4) (2015), pp. 630-650 CrossrefView in ScopusGoogle Scholar Gradín, 2020 C. Gradín Quantifying the contribution of a subpopulation to inequality: An application to Mozambique Journal of Economic Inequality (2020) (in press) Google Scholar Gradín et al....
We cannot argue for a free market if the very idea of the market is distorted by malpractices. I would also urge everyone to remember what is perhaps the most shameful statistic in India: the top 1% of this country owns more than 50% of its wealth. ...
Giottus is the easiest place to invest and grow your wealth in Cryptocurrencies. Navigate and explore different products in the Giottus universe! spot exchange Intuitive interface with real time orderbooks, high liquidity, charting tools, trade history, and a simple order process so that you can ...