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 on Monday. Releasing the India supplement of its annual inequality report on the first day of the World Economic Forum Annual Meeting in Davos, rights group Oxfam International said that taxing India's ten-richest at 5 per cent can fetch entire money to bring children back to school. "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 teachers for a year," it added.
India Inc is gearing up for a slugfest this year and from tech to paints, new battlegrounds are emerging, observes Indrajit Gupta, co-founder, Founding Fuel.
The Union health ministry on Friday said license has been given to five more manufacturers for production of Amphotericin-B, used in the treatment of black fungus, and they will start producing 1,11,000 vials of the drug per month from July.
Bangladesh Prime Minister Sheikh Hasina is expected to travel to India on September 5 on a three-day official visit during which defence cooperation and regional stability are likely to be the focus of her talks with Indian counterpart Narendra Modi, an official said on Monday.
Sid gives advice... Lisa has some tips... Sophie wants to be a hot mess...
He was not part of the T20 scheme of things for past one year but Mohammed Shami was "always ready" in his mind because of the communication between him and the team management.
The results of the assembly elections in Gujarat and Himachal Pradesh are likely to play out during the winter session of Parliament beginning Wednesday.
RFI general secretary MV Sriram said that food supplements consumed by junior India campers would be investigated.
Dietician Komal Jethmalani provides expert help.
Anti-inflammatory or immunomodulatory therapy, such as steroids, can have the risk of secondary infection like invasive mucormycosis, when used too early, at higher dose or for longer than required, they highlighted.
Mirroring Shami's views, star South African pacer Anrich Nortje said Umran will surely play for India but to survive the rigours of international cricket, raw pace alone wouldn't be enough and the youngster will need to supplement his skills with quality execution.
More than the story of any other footballer or athlete, Pele's life helped democratise his sport; made it the stuff of a widely shared dream. Shyam G Menon salutes the memory of the greatest footballer ever.
From Covid-19 essentials, such as Vitamin C supplements and thermometers, to bicycles, laptops, and personal weighing scales, demand for certain items galloped during last financial year as the pandemic altered what Indians used on a day-to-day basis. Imports of outdoor sports equipment, handbags for women, and dentures, among others, plummeted. With outdoor activities coming to a halt last year and schools functioning virtually, imports of sports goods witnessed a decline, while inbound shipments of laptops and battery chargers saw a sharp uptick, according to the import data for the financial year 2020-21.
Dhaka emerged as the free capital of independent Bangladesh on December 16, 1971 after the war between India and Pakistan broke out on December 3 when the Indian troops directly stood beside the Mukti Bahini soldiers.
Divya is left speechless... What's Farhan doing in Jeddah? Kalki takes an auto...
The Reserve Bank of India on Friday raised the benchmark lending rate by 50 basis points to 5.40 per cent to tame inflation.
London hopes to convince New Delhi's naval planners to power India's second indigenous aircraft carrier with the Queen Elizabeth's integrated all-electric propulsion system.
Chief Economic Advisor (CEA) V Anantha Nageswaran on Tuesday said India is not defending the rupee and the Reserve Bank of India is taking necessary steps to ensure that the movement of the rupee is gradual and in line with market trends. Nageswaran further said that the rupee is being managed in a manner that reflects the fundamentals of the economy. "India is not defending the rupee... I don't think Indian fundamentals are such that we need to defend the rupee. "The rupee can take care of itself," he said at an event in New Delhi.
When you are putting your body through so much, you need to listen to it when it's trying to tell you something, alerts Dr Manan Vora, an orthopaedic surgeon and sports medicine expert.
At least five states were hit by unseasonably powerful storms and tornadoes on Friday night, including Arkansas, Illinois, Kentucky, Missouri and Tennessee.
'Modi looks to be an effective, result-oriented, purposeful leader, focused on bringing greatness and glory to the nation.'
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So it is best for his critics to give up their sniping and supplement his efforts,' asserts B S Raghavan, the distinguished civil servant who served three prime ministers.
It said clinical trials of the drug 2-deoxy-D-glucose (2-DG) showed that it helps in faster recovery of hospitalised patients and reduces supplemental oxygen dependence.
The school was run on strict Gandhian lines, with stress on students doing things themselves. Physical comforts were minimal, in keeping with the relatively backward geographical area. But it had a staff of teachers dedicated to educating their students, not just imparting them book-learning, remembers Shreekant Sambrani.
Beyond 'eat something before your workout', take their advice with a pinch of salt, warns Jyoti Dabas.
Chijindu Ujah has been provisionally suspended since Ostarine and S-23 -- both substances prohibited by world anti-doping organisation WADA -- were detected in his A and B samples following the final.
Drinking plenty of water will help keep your blood clean and reduce the build-up of excessive toxins -- cholesterol being one of them.
Suspended Indian wrestler Sumit Malik on Tuesday said he has no idea how a banned stimulant entered his body but admitted that he was on painkillers during the recent Olympic Qualifiers and had informed the world body about that before taking the mat.
The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.
Bengal bowling coach Ranadeb Bose strongly backed Mukesh Kumar
As the Indian currency hovers around its lowest versus the US greenback, several smaller and mid-sized companies are expected to face rough weather as almost 44 per cent of the foreign loans taken by Indian companies remained unhedged. According to the data sourced from the Reserve Bank of India, Indian companies raised around $38.2 billion in the financial year ended in March. Of this, only 56 per cent of the loans are hedged while the rest of the foreign loans remain unhedged, thus risking the companies to forex volatility.
Hindustan Unilever (HUL) hiked prices across its portfolio of products by 3-13 per cent in multiple tranches in February, with the sharpest increase of 13 per cent seen in the 100 gm Lux soap pack, the price of which increased to Rs 35 from Rs 31 earlier. The price of the 125 gms soap pack of Lifebuoy was hiked from Rs 31 to Rs 33, a rise of 6.5 per cent. In January, the company had hiked the price of the same stock-keeping unit from Rs 29 to Rs 31.
On this Teachers Day, I once again bow my head as I remember all the teachers who had taught me in school, college, military academy, army courses and so on. But Ms Shantha Potty Aunty, this one more head bow is specially for you, admirably says Colonel K Thammayya Udupa (retd).
Researchers from the University of Florida in the US noted that the combination includes diphenhydramine, an antihistamine used for allergy symptoms.
Prime Minister Narendra Modi on Thursday called for reforming the World Health Organisation and streamlining its approval process for vaccines and therapeutics, and favoured making flexible the WTO's rules relating to trade-related aspects of intellectual property rights.
If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.
Jammu and Kashmir is likely to get around 25 lakh additional voters including outsiders after the special summary revision of electoral rolls being held for the first time after the abrogation of Article 370, an official said on Wednesday.
India's high jumper Tejaswin Shankar on Thursday said he has not been able to perform to his full potential owing to chronic tendonitis and it's now a "certainty" that he will compete in decathlon at next year's Asian Games.
Tech giant Microsoft Corporation has invested nearly $5 million (about Rs 37 crore) in OYO through the issuance of equity shares and compulsory convertible cumulative preference shares on a private placement basis by the latter, according to a regulatory filing by the hospitality chain. An extraordinary general meeting of Oravel Stays Pvt Ltd (OYO), which runs the OYO Rooms chain of hotels, on July 16 approved issue of the equity shares and Series F2 compulsory convertible cumulative preference shares (Series F2 CCCPS) for "an aggregate consideration amounting to rupee equivalent of $4,971,650 to Microsoft Corporation on a private placement basis", as per an RoC filing by the company.
State-owned oil firms such as ONGC and IOC will invest over Rs 1.11 lakh crore in the next fiscal year starting April as they supplement the government's massive spending programme to spur economic growth. Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IOC), GAIL (India) Ltd, Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Oil India Ltd (OIL) will together make a 7.4 per cent higher capital expenditure in the 2022-23 fiscal (FY23). The capex spending of Rs 1.11 lakh crore in 2022-23 compares with a revised estimate of Rs 1.04 lakh crore for the current fiscal year that ends in March, according to Union budget documents.
Most traditional health insurance plans didn't cover the cost of such treatments earlier, but several recently launched policies do offer such coverage -- some as a rider, and a few as standalone covers, points out Sarbajeet K Sen.
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