January 25, 2022 05:19 (IST)
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Indian youth leading startups both in India, outside: PM Modi | Kerala announces stricter curbs in Thiruvananthapuram, cinemas, gyms shut, gatherings banned | Possible to defeat BJP in 2024 but not with current opposition: Prashant Kishor | NDA announces seat-sharing for Punjab assembly polls | PM Modi to interact with Pradhan Mantri Rashtriya Bal Puraskar awardees tomorrow

Billionaire fortunes in India grew by Rs 2200 crore a day last year as poorest remained in debt: Oxfam report

New Delhi, Jan 21 (IBNS): Billionaire fortunes in India increased by 35 percent last year – Rs 2200 crore a day - while 13.6 crore Indians who make up the poorest 10 percent of the country continued to remain in debt since 2004, a new report by Oxfam revealed on Monday.

Billionaire fortunes grew by $2.5 billion a day last year as poorest saw their wealth fall: Study

London, Jan 21 (IBNS): Billionaire fortunes increased by 12 percent last year – or $2.5 billion a day - while the 3.8 billion people who make up the poorest half of humanity saw their wealth decline by 11 percent, reveals a new report from Oxfam on Monday.

Just 8 men own same wealth as half the world, says Oxfam

New York, Jan 16 (IBNS): Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam on Monday to mark the annual meeting of political and business leaders in Davos.

62 people own same wealth as half the world: Oxfam

New York, Jan 18 (IBNS) Runaway inequality has created a world where 62 people own as much as the poorest half of the world’s population – a figure that has fallen from 388 just five years ago, according to an Oxfam report published on Sunday ahead of the annual gathering of the world’s financial and political elites in Davos.