-The New Indian Express Oxfam India further said that an additional one per cent tax on the richest 10 per cent can provide the country with nearly 17.7 lakh extra oxygen cylinders. NEW DELHI/ DAVOS: Indian billionaires saw their combined fortunes more than double during the COVID-19 pandemic, and their count shot up by 39 per cent to 142, while the wealth of the ten richest is enough to fund school and...
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Oil, budget and economic sentiment -Roshan Kishore and Vineet Sachdev
-Hindustan Times Traditionally, Union budgets have mattered for people at large because of two reasons: prices of goods and income tax rates.There is some merit in the argument that inflation is a bigger dampener on economic sentiment in India than low growth rates There is some merit in the argument that inflation is a bigger dampener on economic sentiment in India than low growth rates. Traditionally, Union budgets have mattered for people...
More »India’s Economic System Rigged in Favour of the Super-Rich, Says Oxfam Report -Ditsa Bhattacharya
-Newsclick.in The report points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020. While 84% of households in India suffered a decline in their income in a year marked by the tremendous loss of life and livelihoods, the number of...
More »Delhi: Draft policy pushes for up to 50% EVs in aggregators’ fleet by 2023 -Sweta Goswami
-Hindustan Times According to the draft policy, 10%of newly-onboarded two-wheelers and 5% of new four-wheelers will have to be EVs within three months of notification of the final policy The Delhi government will soon direct all cab aggregators and delivery companies operating in the city to ensure that up to 50% of the new vehicles added to their fleet are electric vehicles (EVs) by March 31, 2023, state environment minister Gopal Rai...
More »COVID-19: 'Dry cough means Delta and wet can be Omicron', say experts
-The New Indian Express The other crucial indicators of Omicron are fever not beyond 101 degrees for less than five days and headaches that are stabbing, and a scratchy throat. HYDERABAD: One key marker that distinguishes Delta from the Omicron variant is the manner in which cough manifests, noted doctors from AIG Hospitals. They said that based on known research and their personal observations of patients they have treated, most Delta variant...
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