India has become one of the most equal societies in the world, ranking fourth globally in income equality with a Gini Index of 25.5, according to the latest World Bank data.India stands next only to the Slovak Republic, Slovenia, and Belarus which have better income equality scores. India’s score is better than that of major…
Nehal Modi, the younger brother of fugitive businessman Nirav Modi, was arrested by US authorities following an extradition request from Indian agencies. His arrest took place on 4 July after the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) jointly requested his extradition, according to the United States department of justice.Authorities are seeking…
The Centre has directed states and local authorities to take strict action against manufacturers and sellers of sub-standard helmets in a bid to enhance road safety for India’s over 21 crore two-wheeler users. In a statement issued Saturday, the department of consumer affairs, along with the Bureau of Indian Standards (BIS), urged consumers to ensure…
The alliance of emerging economies hopes to offer a counterweight to the United States and other Western powers. But military strikes on Iran are testing its unity. Source link
Labubu fans around the world are struggling to keep up with a growing wave of fakes, known as “Lafufus,” dolls that look just like the real thing. These knock-offs are fooling even the most alert collectors, despite Pop Mart’s efforts to stop the spread. Pop Mart, the Beijing-based brand behind the popular Labubu dolls, uses…
Prime Minister Mark Carney wants to fast-track nation-building projects to remake Canada’s economy. Indigenous groups want a seat at the table. Source link
This is an AI-generated image, used for representational purposes only India’s soft drink market is poised to recover to a growth rate of over 10 per cent in 2025, after witnessing a slowdown this year due to erratic weather conditions, according to a report by Systematix Institutional Equities. As per news agency ANI, the report…
Couples tend to dance around discussing how much they earn or owe early in a relationship. But experts agree that talking about money sooner is better than later. Source link
SEBI investigation into Jane Street profits highlights worrying aspects about India’s derivatives market structure. (AI image) Jane Street Group, the US trading powerhouse that was slapped with a trading ban in Indian markets on Friday, made a whopping Rs 735 crore single-day profit during a January 2024 trading session, according to a SEBI order published…
This is an AI-generated image, used for representational purposes only. India’s newly approved Research Development and Innovation (RDI) scheme, with a massive Rs 1 lakh crore corpus, is set to provide a major boost to private sector R&D and deep-tech startups by making long-term, affordable financing accessible for high-impact innovation projects, a senior government official…
