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India may take 75 years to reach one-quarter of US income per capita, says World Bank report
Drawing on lessons of the past 50 years, the report finds that as countries grow wealthier, they us…
PTI
India to remain fastest growing major economy in 2024-25, says CEA Nageswaran
India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V An…
ANI
India's strong economic recovery is led by fiscal expenditure: DSP MF
India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…
ANI
At Rs 2 lakh per year, Indians are among the top spenders on clothing globally: Study
Things like rapid urbanisation, westernisation, our increasing disposable incomes and a growing you…
A Walmart exec explains the surprising reason low-income shoppers pay for a delivery membership
Shoppers who receive government assistance are "doing the math" on gas and public transportation co…
Dominick Reuter
Universal basic income: Should the government give ‘unconditional money’ or ‘freebies’ to the poor?
This is where results of the experiment conducted by Sam Altman’s OpenResearch could help shed some…
Global shifts make compelling case for a structural bull run in Indian assets, says Standard Chartered Bank’s wealth management office
India’s macroeconomic backdrop sets Indian financial market assets up to perform well on a multi-ye…
Need to increase per capita income to make India 3rd largest economy: Bandhan Bank MD
Bandhan Bank managing director Chandra Shekhar Ghosh on Tuesday said there is a need to increase pe…
PTI
Kenya is experimenting with universal basic income. Here's what the US could learn about no-strings payments.
Kenya's universal basic income program, which will continue through 2030, is offering no-strings ca…
Allie Kelly
Rising household debt and shrinking incomes are setting the stage for a recession, top economist says
The US economy has two imbalances that could tip it into a downturn, according to economist David R…
Jennifer Sor
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget
From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…
75 artists received $9,000 each in a basic income trial. The cash helped a yarn guru to buy a house and a new car.
Fiber artist Tori Hanna used the $500 a month to replace her damaged car, cover debts and bills, an…
Theron Mohamed
RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…
PTI
Budget 2024: Here's what India's elderlies want
If any amount you receive from NPS is reinvested in the annuity plan, it remains tax-exempt. Howeve…
An Australian boomer retired in Thailand on an $18,000 annual pension. He saves almost half his income and can still travel the world.
John Walker, 73, moved to Chiang Mai, Thailand from Australia in 2019. The cost of living is so low…
Allie Kelly
A New York basic income participant used his monthly $1,000 to pay bills and launch a nonprofit
Kenneth McQueen, 35, received $1,000 a month through a New York guaranteed basic income pilot. He u…
Allie Kelly
Meet the new moms using up to $700 in monthly basic income to afford childcare. It could be the answer to helping parents stay employed.
Guaranteed basic income helps some parents pay for childcare — participants and experts say it lead…
Allie Kelly
Daal me kuch kaala! Is Blackstone acquiring majority stake in Haldiram’s for Rs 40,000 crore?
Earlier this year, Blackstone had expressed its intention to invest over $2 billion annually in Ind…
India on course to become world’s second largest economy by 2050, says Gautam Adani
Morgan Stanley in its strategy report earlier this month said these very factors had put the fou…