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About 33 results for "fact 84"

800,000 super-rich Indians account for 8.6% of national income
Rediff.com

800,000 super-rich Indians account for 8.6% of national income

From 1980 to 2014, the top 1 per cent captured 29 per cent of total growth, as much as the bottom 84 per cent put together. Illustration: Uttam Ghosh/Rediff.com Incomes of the super-rich in India are growing at a staggering pace. The share of the top 1 per cent in the national income rose to 21.7 per cent in 2013-14, finds a new study by economists Lucas Chancel and Thomas Piketty. This is the highest level since the establishment of income tax in 1922. The previous high was 20.7 per cent in ... Rediff.com, 1 month ago

Raj vs Uddhav: Six MNS corporators jump to Shiv Sena

The political fight between the two Thackeray cousins - Uddhav and Raj - got intense on Friday when six corporators of the BrihanMumbai Municipal Corporation (BMC) switched sides from MNS to Shiv Sena. This is one of the biggest defections in the BMC in the ...
 Deccan Herald1 week ago
Sify

Media on Aarushi Verdict: "Who will compensate them for four years of their liberty?"

More than eight years after 14-year-old Aarushi Talwar was found lifeless with her throat slit in Noida on May 16, 2008, and a little less than four years after Rajesh and Nupur Talwar were jailed for their daughers murder by a trial court, the Talwars were ...
 Sify1 week ago

Sensex Reclaims 32,000-Mark; Bharti Airtel & Axis Bank Lead

Posted by Equitymaster Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.22% while the Hang Seng is up 0.11%. The Shanghai Composite is trading up by 0.20%. All main US stock indices closed in the ...
 Equitymaster.com1 week ago
Trak.in

Jio Slashes Lyf Smartphones Prices By 50%; Bundles 5GB Data & Prime Membership

If you thought that the introduction of Jio Phone , which is effectively free, will move Jio’s attention away from Lyf branded handsets, then you were wrong. In a move which is clearly targeted towards those segment of their audience who are looking for a ...
 Trak.in2 weeks ago
Rediff.com

Yashwant sticks to his guns, son Jayant counters father

Bharatiya Janata Party veteran Yashwant Sinha on Thursday stuck to his guns after government's strong rebuttal of his stinging criticism of its handling of the economy over which union minister Jayant Sinha also joined issue with his father and stoutly defended the economic policies. An unfazed Yashwant Sinha, who had launched a blistering attack on the government, and the Finance Minister Arun Jaitley in particular, that set off a political storm, hoped the Centre would do some course ...
 Rediff.com3 weeks ago
DNA

If the Centre thought Jayant was competent, why was he shifted from finance ministry: Yashwant Sinha

Unfazed by the government's rebuttal of his criticism of Finance Minister Arun Jaitley on the state of the economy, including his Union minister son Jayant, BJP veteran leader Yashwant Sinha on Thursday stuck to his guns and hoped the Centre would do some ...
 DNA3 weeks ago 'India @70, Modi @3.5 and a job applicant @ 80'  Rediff.com3 weeks ago Congress, BJP spar over Yashwant Sinha's stinging column on economy  Rediff.com3 weeks ago
Rediff.com

Are higher taxes responsible for India's economic slowdown?

The combined share of customs and excise duties, service tax, and value-added tax in India’s gross domestic product reached an all-time high of 10.5 per cent. Illustration: Dominic Xavier/Rediff.com There has been a steady rise in indirect taxes (net of subsidies) in recent years, pushing up retail prices of commonly used goods and services. The combined share of customs and excise duties, service tax, and value-added tax (VAT) in India’s gross domestic product (GDP) reached an ...
 Rediff.com3 weeks ago
Sify

TV Today Network hogs the limelight again, gains for 9th successive session

Mumbai: With the bulls staying put at the counter for a ninth successive session, it turned out to be another great outing for TV Today Network shares in the market on Monday. The stock has been hogging the limelight for almost a month now, gaining about 76% ...
 Sify3 weeks ago

S&P says downgraded China as credit growth still too fast

BEIJING: China's attempts to reduce risks from its rapid buildup in debt are not working as quickly as expected and credit growth is still too fast, S&P Global Ratings said on Friday, a day after it downgraded the country's sovereign credit rating. While S&P ...
 Sify1 month ago
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