Economy
India’s Richest 1% Own More Than 40% of Country’s Total Wealth: Report
Oxfam India urged the Union finance minister to introduce one-off solidarity wealth taxes and windfall taxes to end crisis profiteering. It also demanded a...
Oxfam Bats for a More Equal World at Davos; Says Number of Billionaires Should Halve by 2030
DAVOS -- The number of billionaires should be reduced by half by 2030 through higher taxes and other policies to make the world more...
Curbing Inflation Key Priority Area for South Asian Nations: RBI Governor
NEW DELHI --Â Curbing inflation is among the key priority areas for South Asian nations, RBI Governor Shaktikanta Das said on Friday.
Inflation control is a...
Is the Bank of Japan Holstering Its Bazooka?
Takatoshi Ito
TOKYO – On December 20, the Bank of Japan decided to raise its ceiling on ten-year government bond yields from 0.25% to 0.5%. Within minutes...
China Calls for Oil Trade in Yuan at Middle East Summit
RIYADH -- President Xi Jinping told Gulf Arab leaders on Friday that China would work to buy oil and gas in yuan, a move...