-AFP Paris: Wealth accumulated by the richest 1% will exceed that of the other 99% in 2016, the Oxfam charity said on Monday, ahead of the annual meeting of the world's most powerful at Davos, Switzerland. "The scale of global inequality is quite simply staggering and despite the issues shooting up the global agenda, the gap between the richest and the rest is widening fast," Oxfam executive director Winnie Byanyima said. The richest...

-The Hindu The very process of development and change in India may be generating new forms of social and economic competition that manifest themselves in terms of social bias Popular debate around social biases in India is structured around two competing narratives. One view holds that as an urbanising country with rapid economic growth over the past few decades, the importance of ascriptive identities such as caste and religion is gradually eroding....

-The Hindustan Times One does not have to agree with his views to be intrigued by the possibilities opened up by Prime Minister Narendra Modi's emergence as communicator/harangue-master in chief. Public conversations about who we are and who we want to be are key to the vitality of our democracy, and leaders can seed those conversations when they speak out their own views. When I hear people in the Delhi metro...

-Live Mint Research shows the wealth of the super-affluent-hidden by tax shelters and non-response to questionnaires-is undercounted Washington: The 1% is literally rich beyond measure, depriving nations of billions in tax revenue and obscuring shifts in global inequality. Research conducted separately by European Central Bank (ECB) economist Philip Vermeulen and the London School of Economics' Gabriel Zucman shows the wealth of the super-affluent-hidden by tax shelters and non-response to questionnaires-is under-counted. Correcting...

-Outlook   The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...