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.
This sets up Real Madrid final against Borussia Dortmund, who knocked out Paris Saint-Germain in the other semi-final.
Batsman Kirk Edwards and wicketkeeper batsman Devon Thomas have been drafted into the West Indies World Cup squad after Carlton Baugh and Adrian Barath were ruled out, the International Cricket Council said.
Check out the winners of the Sony World Photography Awards 2024. Now in its 17th year, the World Photography Organisation's awards ceremony is a major annual moment recognising the best photography in the world, celebrating the images and stories that have resonated with global audiences over the past year.
The former India player died at his residence following cardiac arrest.
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.
Embattled Central Vigilance Commissioner P J Thomas on Monday side-stepped questions about him continuing in office in the wake of a corruption case against him, saying he was still the CVC. "I am still the CVC. The matter is in court. So no comments," said Thomas. The Supreme Court is hearing a PIL by the NGO Centre for Public Interest represented by advocate Prashant Bhushan, questioning the legality of the CVC's appointment by a three-member selection committee.
The two major parties offer the United States choices that are basically unacceptable and the bench strength, such as it is, is not entirely capable of winning popular acclaim, notes Shreekant Sambrani.
Senior Indian Administrative Service officer P J Thomas was on Tuesday sworn in as the new Central Vigilance Commissioner amid a boycott by main Opposition Bharatiya Janata Party, which has been objecting to his appointment to the post in view of his alleged tainted background.
India lost to Denmark 0-3 at the quarter-final stage of the badminton championship.
Central Vigilance Commissioner P J Thomas is likely to step down from the post ahead of a Supreme Court hearing on Monday over his controversial appointment. Sources said that it was only a question of time before he sends his resignation -- may be as early as Saturday -- to President Pratibha Patil, who was his appointing authority.
The Indian men's and women's badminton teams crashed out of the Thomas and Uber Cup finals after suffering identical 0-3 defeats to Indonesia and China respectively in the quarter-finals in Kuala Lumpur, Malaysia, on Wednesday. India's top shuttlers Parupalli Kashyap and Saina Nehwal gave a scare to higher-ranked opponents Taufik Hidayat and Yihan Wang before eventually going down 12-21, 21-10, 17-21 and 21-14, 11-21, 18-21 respectively.
Thomas Cook (India) Ltd on Friday gave its clearance to the proposal of Dubai Financial, a subsidiary of the Dubai Investment Group, to make a public offer to acquire shares of the company.
Bayer Leverkusen won their first trophy in 31 years with five matches left in the season, snapping Bayern Munich's 11-year stranglehold on the Bundesliga.
Ruthless Arsenal threw down the gauntlet in the Premier League title race with a 5-0 thrashing of London rivals Chelsea to roar three points clear at the top of the table on Tuesday.
The ex-ace investment banker talks about his game plan for making Thomas Cook a one-stop shop for travellers.
Nivetha Thomas radiates simplicity with just the right amount of elegance.
'We are also conducting ongoing training and grooming at the branch level to pre-empt such cyberattacks.'
Wealth, which can broadly be a measure of assets held as opposed to income earned, is unequally distributed.
Arvind Bhat pulled off a stunner and P Kashyap played his heart out but that couldn't save India from succumbing to a 1-4 defeat to Indonesia in their first Group D match of the Thomas Cup finals in Kuala Lumpur, Malaysia, on Monday.
'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'
'The hiring in India will be primarily around skills in data engineering, AI, and product engineering.'
Kerala's Jithin Thomas stole the limelight with a personal best effort of 2.20m en route to his gold medal in the men's high jump on the second day of the Federation Cup Senior National Athletics Championships in Patiala on Sunday.
The resolution recognised the contribution of sports in creating an atmosphere of tolerance and understanding among peoples and nations, its role to prevent and counter terrorism and violent extremism and its contributions to building resilience against radicalisation to violence and terrorist recruitment.
Commonwealth Games bronze medallist R M V Gurusaidutt is desperate to avenge India's Thomas Cup loss to Korea when they open their campaign against the hosts in badminton team event in the upcoming Asian Games in Incheon, Korea.
This is the third minister in the Vijayan cabinet to resign after the LDF government came to power in May 2016.
Barcelona won 3-1 at Alaves in La Liga on Saturday thanks to goals by Robert Lewandowski, Ilkay Gundogan and substitute Victor Roque, who was sent off after picking up a second yellow card.
He was clearly disappointed to miss out the Indian Open title, but star Indian shuttler Satwiksairaj Rankireddy on Sunday said "losing is better than winning always" and hoped the defeat in the final will spur him and his doubles partner Chirag Shetty to win a bigger crown in coming days.
Thomas Cook, which is looking to shift its offices to one of the places such as Lower Parel, Dadar, Bandra Kurla Complex or Andheri, is likely to take a decision in the next three to four months.
As domestic players sense a strategic partner, experts say firm may have to sell forex, travel businesses separately.
Prime Minister Manmohan Singh on Tuesday virtually blamed former Minister of State (personnel) Prithviraj Chavan for the fiasco involving appointment of P J Thomas as central vigilance commissioner, saying the note forwarded by him for the selection committee did not have information about corruption case against Thomas.
Shai Hope powered West Indies to a thrilling four-wicket victory over England
Chris Froome was reminded just how quickly the Tour de France title could slip from his grip as his Sky team mate Geraint Thomas suffered a freak crash in Monday's 16th stage.
Inspired by the peerless P V Sindhu and aspiring to be Indian badminton's aggressive new kid on the block. Tanvi Sharma is nothing like an average 15-year-old.
The Supreme Court reserved its verdict on petitions challenging the appointment of former bureaucrat P J Thomas, who is facing a corruption case in a Kerala court, as Central Vigilance Commissioner.
Tsitsipas made short work of Norwegian eighth seed Casper Ruud as he seized a third Monte Carlo Masters title in four years with a 6-1, 6-4 victory on Sunday.
'It is the best avenue for investors who would like to take long-term exposure to gold.'
Thomas Bata, the Czech-born head of the worldwide family shoe empire that bears his name, died today in Canada, an official said. He was 93.
Former central vigilance commissioner P J Thomas has decided to move the Supreme Court seeking review by a Constitution bench of its March 3 judgment quashing his appointment, claiming that judiciary has no right to decide his eligibility for the post without prior reference from the President.
The 96th Annual Academy Awards saw a lot of glamour on the red carpet, as Hollywood's A-listers attended the biggest awards night of the year.
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