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India's richest 1% own more than 40% of total wealth: Oxfam

The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed......

Sonia, Mamata to launch campaign against note ban

The event will be significant for the Congress and Trinamool Congress leaderships, cementing the proximity during the winter session of Parliament.Archis Mohan and Amit Agnihotri report. Tuesday......

Record high prices to weigh on demand for gold

The demand for gold is expected to take a hit if the price of the yellow metal — which has been hovering around Rs 60,000, a level never seen before — remains elevated. Illustration:......

Sitharaman meets chiefs of govt banks amid US banks' collapse

Finance Minister Nirmala Sitharaman on Saturday reviewed the performance of public sector banks (PSBs) on various financial health parameters and their resilience in the wake of the current global......

How the wealth of India's richest can make a difference

A one-off tax on unrealized gains from 2017–2021 on just one billionaire, Gautam Adani, could have raised Rs 1.79 lakh crore, enough to employ more than five million Indian primary school......

What happens if Vodafone Idea isn't out of the woods in 4 years?

If VIL is unable to repay the interest on its spectrum dues, the government can move towards converting those dues into more equity. To get its house in order in four years, VIL needs to do two key......

Despite govt's relief package, questions remain over Voda Idea's survival

For Vodafone Idea, which has failed to complete a planned Rs 25,000-crore fund-raising plan despite working on it for several months, now is the time to set the house in order with the help of the......

Buddh Circuit won't be sold despite no race since 3 years

IMAGE: A race at the Buddh International Circuit during the Indian GP in Noida. Photograph: Adnan Abidi/Reuters. Getting Formula 1 back to the Buddh International Circuit (BIC) is not on the......

Credit crunch weighs on Monaco GP

Indian magnate Vijay Mallya refuses to let the global credit crunch cramp his style, even if other high rollers may be keeping a lower profile at this weekend's Monaco Grand Prix. The aviation,......

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