Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 per cent population rising to 22.6 per cent and 40.1 per cent, respectively, in 2022-23, according to a working paper. The paper titled 'Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj' said between 2014-15 and 2022-23, the rise of top-end inequality has been particularly pronounced in terms of wealth concentration.
The government on Tuesday hit back at the Bharatiya Janata Party on the appointment of PJ Thomas as Central Vigilance Commissioner saying the party did nothing when it was in power on sanctioning prosecution against him, as they could find any evidence against him.
Despite starting the tournament with a win, Somerset skipper Alfonso Thomas said they will go as the underdogs when they take on Kolkata Knight Riders in their second match of the Champions League T20 qualifiers in Hyderabad.
16-year-old Kerala lad Evans Thomas was adjudged best in the 'WHERE'S THE NEXT' Nike football contest.
While the company would have nine counters, Central Bank of India will have two.
This sets up Real Madrid final against Borussia Dortmund, who knocked out Paris Saint-Germain in the other semi-final.
"The CVC is a very important Constitutional position and naturally the position should be held by a person who is absolutely above board. The government is seized of the matter and will deal accordingly," senior NCP leader and Union minister Praful Patel told reporters.
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Nivetha Thomas radiates simplicity with just the right amount of elegance.
As P J Thomas maintained that he has not resigned from the post of central vigilance commissioner, the government on Friday said he no more holds the Constitutional post whether he quits or not. "Where is the question of resigning? There is no need. The Supreme Court itself said it. So there is no question. He cannot continue," said Law Minister M Veerappa Moily. He said at the most, the government would issue a notification saying the post of CVC was vacant.
'In Kerala, we are part of the government and our MLA is a minister there. These units understood the situation that made us to go with the BJP and supported our move. Our minister in the Left party's government (K Krishnankutty) in Kerala has given consent to us'
In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. This business had grown at a fast clip. Reserve Bank of India (RBI) data has it that it grew 15 per cent to Rs 1 trillion in FY24. Now, in recent times, any kind of exuberance in financial services has seen the authorities swoop down - be it pushing the lines on governance or unsecured credit.
'We are also conducting ongoing training and grooming at the branch level to pre-empt such cyberattacks.'
India whitewashed New Zealand 3-0 to enter the quarterfinals of the men's team championship in the Thomas Cup
