-BBC   Inequality in earnings has doubled in India over the past two decades, a new report says, making it one of the worst performers among emerging economies. The Organisation for Economic Cooperation and Development (OECD) says the top 10% of wage-earners make 12 times more than the bottom 10%, compared to six times 20 years ago. The OECD says India has the highest number of poor in the world. Some 42% of its 1.21...

-PTI   India has become "less equal over time" and earningsinequality in the country has increased significantly since the early 1990s, Paris-based think tank OECD said today. The observations are a part of OECD's report focusing on inequality patterns and related policy challenges in the emerging economies of India, China, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...

Karnataka, India’s IT success story and its most preferred destination for foreign investment, boasts of the country’s highest per capita income. Its economic Indicators are nothing short of superlative and yet the South Indian State accounts for thousands of child deaths due to malnutrition. A recent report shows that despite high SGDP growth and heightened economic activity, Karnataka fares poorly in hunger index and child malnutrition. A recent report by news...

The audience, organisers, and fightersknow that sham wrestling is not to betaken seriously. But the World Economic Forum takes itself seriously. The comforting thing about the sham wrestling ‘championships' on television is that everybody knows they are a farce. Steroid-stuffed Cro-Magnons stomp the living daylights out of painkiller-primed Neanderthals. Good, unclean fun. The results are safely predictable. You should expect the 600-pound gorilla to overwhelm the 900-pound one in a staggering...

India’s disappointing human development status is well known. It is a virtual tailender among the newly emerging BRICS economies – Brazil, Russia, India, China and South Africa – which are expected to become the engine of global economic growth as the developed countries slow down. What is more serious is India’s status in its region. Not only is it well behind the long-term regional leader in development, Sri Lanka, it...