The divergence seems to be due to higher income groups benefiting disproportionately from policy changes and also because higher incomes tend to be correlated with higher saving rates ...

A fisherman colony alongside commercial buildings in the Indian city of Mumbai, now Asia’s billionaire capital. Credit - Dhiraj Singh—Bloomberg/Getty Images A new study from the World Inequality Lab ...

While hundreds of millions of workers and rural poor in India struggle to make ends meet and some two hundred million people suffer from malnourishment, the income share of India’s wealthiest 1 ...

BENGALURU (Reuters) - The Indian economy is likely to remain the fastest-growing major one in coming years, but a majority of independent economists and policy experts polled by Reuters are not ...

When economies boom, the gains rarely trickle down. Around the world, the top one per cent surges ahead while the bottom half ...

Economist Ajit Ranade argues that India’s growth challenge is not just about growing faster, but about growing differently—by ...

India crossed a historic milestone yesterday, officially becoming the world’s 4th largest economy, overtaking Japan in ...

India’s economic ascent to a $4.2 trillion GDP in 2025 has been hailed as a historic achievement. The country is now ranked the world’s fourth largest economy by current dollar terms, surpassing Japan ...

This is a preview. Log in through your library . Abstract India witnessed a widening of income inequality during the phase of acceleration in economic growth in the post-reform period (1993-94 to 2004 ...

In 1980, neither China nor India had much representation in the “global middle class” — people who neither belong to the bottom half of the income distribution nor rank among the top 10% worldwide.

A small, wealthy minority controls a disproportionate share of farm income, while the political narrative continues to be ...

Noted economist Prabhat Patnaik has flagged India’s sharply rising income and wealth inequality and advocated the introduction of a wealth tax and an inheritance tax to finance a set of ...