The wrong way to fight inequality
In Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj, Piketty and his co-authors estimate that inequality in India today is far worse than during the inter-war British colonial rule. In 2022, the top 1% of the Indian population owned 40.1% of total wealth and earned 22.6% of total income, while the bottom 50% owned 6.4% of total wealth and earned 15% of total income. First, income and wealth inequality in India began to rise sharply only from the 1980s when India gradually began to adopt markets. Wealth inequality is inevitableTrends in wealth inequality also paint a similar picture. Impact of a wealth taxA wealth tax, on the other hand, will have unintended consequences.
Source:The Hindu
May 02, 2024 07:14 UTC
Krishna Mukherjee Recalls SHOCKING Incident From Sets: ‘Aise Kaise Shoot Nahi Karegi, Kapde Badal'
Krishna clarified that she wasn’t personally locked in the makeup room by Kundan, but by the production staff. Krishna said, “I never said he locked me in the makeup room, it was the production people. She made sure that those two people who locked me in the room, Prabhat and Sameer Qazi, did not come back on our sets again. She explained, “When they locked me, Pearl Grey’s assistant Asma held my hand and said I will not shoot, but they said, ‘Aise kaise shoot nahi karegi, kapde badal aur shoot kar. I was getting married so I told Kundan that I needed the money.
Source:Indian Express
May 02, 2024 06:38 UTC
‘Congress leading nation towards a second Partition,’ says Adityanath
He said the Congress was leading India towards a “second Partition,” and lambasted it for coining the term ‘Hindu terrorism.’Mr. Adityanath is holding a series of rallies in Maharashtra to bolster the Mahayuti-NDA candidates. Mr. Adityanath said that India’s standing in the world, which had taken a knock, had been enhanced by ten years of BJP rule at the Centre. “It was the Congress that coined the term ‘Hindu terrorism’ to insult the Hindu community. No one can violate our borders today,” said Mr. Adityanath, speaking in Solapur. First, they questioned the existence of Lord Ram, and now they say Lord Ram belongs to everyone,” he said.
Source:The Hindu
May 02, 2024 06:23 UTC
The weather conditions of Hyderabad during the May 2 IPL match
Weather News and AnalysisSkymet Weather TeamThe IPL cricket match of Rajasthan Royals with Sunrisers Hyderabad will be played at Rajiv Gandhi International Cricket Stadium, Hyderabad on 2nd May from 7:30 pm onwards. But as the match progresses, the temperature will drop and at the end of the match may drop up to 32 degrees. The sky will be almost clear and there will be no weather activity that could hamper the match. So there is no possibility of any interruption during the match due to weather and the match will end with full overs. Hyderabad pitch is a batting pitch which will assist the batsmen.
Source:Indian Express
May 02, 2024 06:23 UTC
Creating conflict among people to win election is anti-democratic: Mutharasan
“If the BJP had fulfilled its promises, the party should have highlighted them and sought votes in the ongoing Lok Sabha polls. But, Mr. Modi speaking in a way to divide the people for obtaining votes is not fair,” he said. “It is anti-democratic to talk about creating conflicts among the people just to win the election,” he said. Mr. Mutharasan said the Prime Minister had visited Tamil Nadu nine times for the election campaign but it did not benefit the BJP. The PM, out of fear of losing the election, had spoken without knowing what to say, he alleged adding the Election Commission must take action against him for his remarks.
Source:The Hindu
May 02, 2024 05:58 UTC
TMKOC Sodhi Missing: Did Asit Modi Not Pay Gurucharan Singh His Dues? He Says 'It Was Stressful'
Taarak Mehta Ka Ooltah Chashmaah’s Sodhi, formally known as Gurucharan Singh, has been missing for over 10 days now. While his family addressed the claims about his alleged wedding plans, TMKOC creator Asit Modi opened up about the reports of non-payment. Even we didn’t know if the show would continue or not. They admitted they didn’t know anything about Gurucharan having plans to get married. The actor’s father told the police that Gurucharan Singh wasn’t troubled mentally, which adds to the mystery of his disappearance.
Source:Indian Express
May 02, 2024 05:41 UTC
Shooting victim in California not gangster Goldy Brar, accused of Sidhu Moosewala’s murder, confirm US police
Shooting victim in California not gangster Goldy Brar, accused of Sidhu Moosewala’s murder, confirm US policeThe police have not yet identified the two persons who were attacked, one of whom died at a hospital later. The Fresno police department in California on Wednesday denied reports that one of the two persons attacked in a shooting incident was Canada-based gangster Goldy Brar. "If you are inquiring because of the online chatter claiming that the shooting victim is 'Goldy Brar', we can confirm that this is absolutely not true," Lieutenant William J. Dooley said in an emailed statement in response to a query. The police have not yet identified the two persons who were attacked, one of whom died at a hospital later. But reports of the shooting spread like wildfire in India, claiming the deceased was gangster Goldy Brar.
Source:dna
May 02, 2024 04:53 UTC
This documentary on The Beatles will be seen for the first time in 50 years
watchThis documentary on The Beatles will be seen for the first time in 50 yearsDisney+ gave fans a glimpse into the band with the trailer of ‘Let It Be’Image courtesy: @Walt Disney Studios/YouTubeFew songs provide solace from a painful world, and the promise of things getting better like The Beatles’ ballad, Let It Be. Disney + gave a wholesome gift to fans of the band, releasing a trailer of a documentary named after the song, which will be streamed for the first time in 50 years. Releasing on May 8, this is a chance to watch John Lennon, Paul McCartney, George Harrison and Ringo Starr at the height of their skill. — Vedant KariaWant to get featured in the Try This Today section of My Kolkata? Mail us at trythistoday@tt-mykolkata.com
Source:The Telegraph
May 02, 2024 04:46 UTC
West Bengal Madhyamik 2024 Result to be Out Today! Check Latest Update and Download Guide
Summary The West Bengal Board of Secondary Education (WBBSE) will be declaring the much-anticipated results for the Madhyamik (Class 10) exams today, May 2. The wait is finally over for lakhs of students in West Bengal! The West Bengal Board of Secondary Education (WBBSE) will be declaring the much-anticipated results for the Madhyamik (Class 10) exams today, May 2. Visit wbbse.wb.gov.in (West Bengal Board of Secondary Education) or wbresults.nic.in (West Bengal Board Results) and navigate to the results section. Apps: The board also announced that the results can be accessed through mobile apps such as "Madhyamik Results 2024," "Madhyamik Result," and "FASTRESULT."
Source:Indian Express
May 02, 2024 04:14 UTC
Tata Motors sales rise 11.5% in April
Tata Motors on Wednesday said its total wholesales rose 11.5 per cent year-on-year (y-o-y) to 77,521 units last month as compared with 69,599 units in April 2023. The company's total domestic dispatches rose 12 per cent to 76,399 units last month as against 68,514 units in April 2023, the auto major said in a statement. Its total passenger vehicle sales rose 2 per cent to 47,983 units last month from 47,107 units in April 2023. The total commercial vehicle sales stood at 29,538 units last month, a jump of 31 per cent, as compared to 22,492 units in April 2023. Also read: SEBI makes nomination optional for joint mutual fund portfoliosTata Motors stock closed at ₹1,008 on the NSE, up 0.74 per cent on Tuesday’s trade.
Source:The Hindu
May 02, 2024 02:50 UTC
Two elections: Where polls in India and the US meet and part - Telegraph India
In the US, elections are relatively devoid of colourful electoral canvassing like in India although the big public rallies are common. ADVERTISEMENTIn the US, swing states decide the electoral outcome as the results in Red and Blue states are foregone conclusions. The expected swing states in 2024 are Arizona, Florida, Georgia, Michigan, Minnesota, Nevada, North Carolina, Ohio, Pennsylvania and Wisconsin. Political parties more or less concentrate their campaigns in swing states. In India, states like Gujarat and Uttar Pradesh are considered as strongholds of the Bharatiya Janata Party whereas Tamil Nadu and Kerala are firmly with the Opposition.
Source:The Telegraph
May 02, 2024 01:01 UTC
CCI checks if Pernod colluded with New Delhi retailers
The country’s competition watchdog is reviewing accusations that France’s Pernod Ricard colluded with retailers in New Delhi to boost market share, the latest headache for the spirits giant in a key market, legal papers seen by Reuters show. Pernod is accused of gaining market share by asking retailers in the Indian capital to stock more of its goods in return for helping them secure loans to bid for store licences, according to the filing. Drawing on the findings, the CCI complaint accuses Pernod of providing $24 million in corporate guarantees to its bankers in 2021 to help city retailers get loans. Retailers then ensured that 35 per cent of the stock in their shops consisted of Pernod brands. The CCI case also cites extracts of a Pernod PowerPoint presentation in June 2021 that mentioned an internal plan to "take control of retail shops" in New Delhi.
Source:The Hindu
May 01, 2024 22:24 UTC
Covishield | Plea in Supreme Court for probe panel for vaccine’s ‘risk factors’
May 01, 2024 01:11 pm | Updated May 02, 2024 02:49 am IST - NEW DELHI:The controversy over the safety aspects of the Covishield vaccine reached the Supreme Court on Wednesday, May 1, 2024, with a petition seeking the constitution of an expert medical panel to study the risk factors. Also read: AstraZeneca’s submission in U.K. court nothing new, say doctors over Covishield’s potential to cause blood clots“More than 175 crore doses of Covishield have been administered in India. After Covid 19 there have been an increase in deaths due to heart attack and sudden collapse of persons. AIIMS expert-headed panel soughtThe petition said the medical.panel should be headed by an expert from AIIMS and supervised by a retired Supreme Court judge. The plea has also called for trict action against the circulation of spurious vaccines.
Source:The Hindu
May 01, 2024 21:54 UTC
Actor Rupali Ganguly joins BJP, Trinamool's Kunal Ghosh praises BJP candidate, and more
Fresh inductions continued in the poll season as actor Rupali Ganguly, famous for her roles in serials such as Sarabhai vs Sarabhai and Anupamaa, joined the BJP in Delhi. On the other hand, former Congress MLA Dalvir Singh Goldy was inducted into the AAP. Meanwhile, Congress's woes in Delhi continued as two former MLAs resigned from the party today. Priyanka Gandhi led the Congress's campaign in Assam today and targeted Prime Minister Narendra Modi over sexual abuse allegations against Karnataka MP Prajwal Revanna. Pryanka said PM Modi sought votes for Revanna and did not stop him from leaving the country.
Source:India Today
May 01, 2024 21:19 UTC
Fractional platform hBits to register as ‘small, medium REIT’
Fractional ownership platform hBits plans to register with the Securities and Exchange Board of India as a ‘small and medium real estate investment trust’ (SM REIT) in the next three weeks. The SM REIT regulations were notified by SEBI in March and several fractional platforms are readying their REIT structures; hBits intends to be first off the block, according to its founder and CEO, Shiv Parekh. After registering as an SM REIT, funds are raised asset by asset. “Every month we will be launching an asset,” Parekh said. The notification of SM REIT regulations has created more investor interest in such platforms, Parekh said, pointing out that it has created legitimacy and trust.
Source:The Hindu
May 01, 2024 20:41 UTC