-ThePrint.in The report, prepared by Council of Social Development, says wealth inequality in India has seen a six-fold increase between 2000 and 2017. New Delhi: The richest 1 per cent of Indians own 58.4 per cent of the country’s total wealth, and this wealth inequality has increased six times between 2000 and 2017, said a new report published by Oxford University Press and released by former prime minister Dr Manmohan Singh Monday. Titled...

-The Hindu Three agencies have come up with varying figures, ranging from 7-120% of GDP, it said The Standing Committee on Finance has shied away from estimating the quantum of black money in and outside India, saying that different methods by various agencies are yielding vastly differing figures. The Standing Committee relied on three institutes — the National Institute of Public Finance and Policy, the National Institute of Financial Management and the...

-The Hindu Bengaluru: In the arid Budnahatti village just beyond Challakere, the four borewells dug to provide villagers with drinking water have started drying up because of consecutive droughts. “There is barely one inch of water yield from here, not enough for everyone in the village. We have requisitioned authorities to drill three more borewells, but we may have to go more than 1,000 feet deep to get some water,” says Eswarappa,...

-The Indian Express On Monday, the National Human Rights Commission (NHRC) sent notices to the central and state governments over reports of increasing AES-linked deaths of children in Muzaffarpur, and sought a report within four weeks. Muzaffarpur, Patna: FROM THE intense summer heat this year to lack of nutrition programmes, effective awareness campaigns and a full-fledged local health facility. According to medical experts and officials, these are the key reasons behind a...

-Livemint.com To keep up with the pressure of making headline fiscal deficit numbers look good, the government has increasingly resorted to off-budget financing for revenue as well as capital spending As with every other Union budget in the country, all eyes will focus on the fiscal deficit number that India’s new finance minister, Nirmala Sitharaman presents on 5 July in her maiden budget speech. But for many investors and analysts, how that...