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.
Donovan Livingston, a master's graduate from Harvard university delivered a poetic address to the graduating class of 2016.
There are reports that the government will soon cut income taxes by about Rs 50,000 crore to boost consumption.
Prime Minister Modi, I suggest that, instead, you distribute about one lakh crore rupees per year to the 80 crore poor, which will boost both consumption and economic growth, suggests Kalyan Singhal, McCurdy Professor of Business at the University of Baltimore.
Star debater, trailblazing athlete and Harvard medical student. Sana Raoof learnt from her immigrant family to be the best in whatever she does. Arthur J Pais finds what inspires this newly minted Soros Fellow.
The latest flashpoint in West Asia has derailed India's preliminary plans to resume crude oil imports from Iran, officials said. In January, officials of the Ministry of Petroleum and Natural Gas had told Business Standard that the government had been studying proposals for the same, given that India was trying to expand sources of imports. "We are always monitoring the situation when it comes to crude flows.
The education programme, to be organised at Hyderabad on June 17 to 20, 2008 in association with HBS India Research Center, would be addressed by HBS faculty and it is designed for senior executives of the real estate industry. During the programme, participants would examine critical issues important to leadership in South Asia's rapidly changing real estate environment. Topics, including project and corporate finance, development and leadership, would be explored.
Wealth, which can broadly be a measure of assets held as opposed to income earned, is unequally distributed.
In the largest gift from an international donor in Harvard Business School's 102-year-old history, Ratan Tata, chairman of the Tata Group, announced a $50 million gift to fund a new academic and residential building on the HBS campus in Boston.
Uttar Pradesh Chief Minister Akhilesh Yadav is finally off to United States to narrate the success story of the 2013 Kumbh Mela at the HarvardUniversityBusinessSchool on April 26.
The new online education platform 'EdX' would be overseen by a Cambridge-based not-for-profit organization and be owned and governed equally by the two universities.
Many senior AAP leaders, including Delhi assembly Speaker Ram Niwas Goel, Deputy Speaker Rakhi Bila, ministers Atishi, Gopal Rai and Imran Hussain attended the day-long 'Samuhik Upwas' at Jantar Mantar in the national capital from 11 am.
Another season of these legal antics would be welcome, applauds Deepa Gahlot.
Addressing reporters at his residence soon after the meeting ended, Chowdhury said six names came up before the panel for the selection of the two ECs and the names of Sandhu and Kumar were finalised by a majority of members of the high-powered panel.
In the second part of a series on Indian Americans who have won George Marshall Scholarships in 2012, Arthur J Pais profiles Harvard alumnus Aditya Balasubramaniam, who has worked in the slums of New Delhi and discusses what this academic opportunity means to him.
For several decades Nitin Nohria, the newly appointed dean of Harvard Business School, has known that without generosity life is greatly diminished. "If you are generous life gives you more than you can imagine," he tells rediff.com as he discusses some of the values that have made him a renowned academic and much loved business teacher.
A doctor by profession, Karthik Adapa gave up scholarships to Harvard and Cambridge to join the Indian Administrative Services.
'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
Janata Party chief Subramanian Swamy on Thursday said Harvard University should take a re-look at its decision to remove courses taught by him, while maintaining that it should have sought his comments before reaching a conclusion. In his reaction to the University's decision to remove courses taught by him, terming as "reprehensible" his views in a controversial piece he wrote on Islamic terrorism, Swamy said the University should have first sought his comment.
The bodies of Rakesh Kamal, 57, his wife, Teena, 54, and their 18-year-old daughter, Ariana, were found in their Dover mansion at about 7:30 p.m. Thursday, Norfolk District Attorney (DA) Michael Morrissey said.
The heroic response by employees of Mumbai's landmark Taj Hotel during the 26/11 terror attacks is now a case study at Harvard Business School that focusses on the staff's selfless service for its customers and how they went beyond their call of duty to save lives.
The top-notch faculty at Crotonville, including Noel Tichy, Ram Charan, Vijay Govindarajan, along with GE's top leaders Jack Welch, Gary Reiner, Bill Conaty, Jeffrey Immelt and Susan Peters, together delivered sought-after programmes on leadership to generations of early-stage leaders, mid-tier and senior managers from all over the world, recounts Indrajit Gupta.
Take the Rediff Biz Quiz and find out how much you know about Indian business management schools.
As per the Economic Survey for 2013-14, India's gross domestic product growth rate will improve to 5.4-5.9 per cent in the current fiscal after remaining at sub-5 per cent level for past two years.
Harvard will now study the civic ills of Mumbai and Delhi. But will any good come of it?
Writer, director, actor, singer, producer, Farhan Akhtar dons many, MANY hats and makes the world, well Hindi cinema for sure, a cooler place.
New Delhi-born Sanjeev K Mehra, managing director and partner in the principal investment area of Goldman, Sachs & Co, where he leads the industrial private equity investing effort and is the key benefactor of the envisaged $4 million South Asia chair at Harvard University, says it is simply a case "of giving back".
A quiz on women who have made it big in the corporate world.
The lectures will eventually be beamed to 300 university campuses across India.
Blake Kernen has already co-authored a book with her father and delivers guest lectures at the Harvard Business School and Yale School of Management.
Launching a stinging attack on Union Finance Minister P Chidambaram for ridiculing his knowledge of economics, Bharatiya Janata Party's prime ministerial candidate Narendra Modi on Saturday said the country was run with hard work and not Harvard, a reference to the Congress leader's education overseas.
Nancy Barry, president of NBA Enterprise Solutions to Poverty and former president of Women's World Banking, is set to have an Ahmedabad connection.
Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry Delaporte and named Srinivas Pallia as the new chief executive officer effective immediately. Wipro's Board noted the resignation of Delaporte with effect from April 6, 2024, the company said in a BSE filing, and added he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.
Do you think foreign funds should be allowed in India's higher education sector? Will it be a boon or curse for the Indian economy? Or does it sound silly to run foreign playschools, colleges and universities in India?
'I feel she has some mental disorder. Or, it was an act of pure revenge.'
Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.
Creating a positive reform that does away with an official who constitutes a flawed aspect of Indian democracy will allow the BJP to rightfully claim this as one of its positive legacies, suggests Karan P Shah.
rediffGURU Geeta Ratra offers expert advice on international courses, student visas, immigration processes and more.
'My tool is the way I look. This is the only thing that distinguishes me.' 'Most of us dress similarly. What sets you apart is your face. If you change that also, you're like anybody else.'
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