Economy

Economic Impact of Corona Spread 6883

• Special
• Apr 05, 2020

As of Wednesday morning, the number of Coronavirus cases in India reached 147, with 130 active, 14 cured or discharged, and three deaths. Across the country, the central and state governments have advised against non-essential travels, with some announcing shutting down of pubs, malls and restaurants and movie halls. Companies have enforced work from home and social distancing is being imposed.

The effects of the pandemic on economic activity are being felt far and wide, far beyond the airli

Total wealth of 63 Indian billionaires higher than Union Budget of India 2018-2019 4643

• Special
• Mar 12, 2020

The combined total wealth of 63 Indian billionaires is higher than the total Union Budget of India for the fiscal year 2018-19 which was at INR 24,42,200 crore, revealed a new report from Oxfam today ahead of the World Economic Forum (WEF) in Davos, Switzerland. 

The world’s 2,153 billionaires have more wealth than the 4.6 billion people who make up 60 percent of the planet’s population, the report also showed. 

Oxfam’s report, ‘Time to Care’, shows how our sexist economies are fuelling the i