Inequality Skyrocketed Since 2000s, Top 1% In India Holds 40% Wealth: Study
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.
Mar 22, 2024, 13:22 PM ISTIndia 6th wealthiest country, best performing wealth market in world: Report
India has been ranked sixth in the list of wealthiest countries with total wealth of USD 8,230 billion.
Jan 30, 2018, 20:55 PM ISTNo of millionaires to soar by over 50% by 2022: Report
The report further said the country would have 3,70,000 millionaires in 2022, up from 2,45,000 now, an increase of over 50 percent.
Nov 21, 2017, 20:05 PM ISTRaghuram Rajan favours higher tolerance to wealth, not prohibition
Calling money a "great equaliser", Reserve Bank Governor Raghuram Rajan on Saturday called for raising society's tolerance towards wealth rather than prohibiting its use.
May 07, 2016, 19:34 PM ISTIndia among top 10 in total individual wealth globally
According to the report by New World Wealth, India's total individual wealth stood at USD 3,492 billion.
Oct 29, 2015, 08:44 AM ISTIndia became home to 1.56 lakh millionaires in 2013: Report
India is the 16th most populous in terms of population of super-rich people worldwide.
Jun 20, 2014, 17:21 PM IST