Essayer OR - Gratuit
1% of Indians hold 40% of wealth
Financial Express Lucknow
|December 11, 2025
ENTRENCHED INEQUALITY
JUST 1% OF Indians hold about 40% of total wealth in the country, making income inequality in India among the highest in the world and "showing little improvement",according to the World Inequality Report 2026, released on Wednesday.
The report, edited by economists Lucas Chancel, Ricardo Gómez-Carrera, Rowaida Moshrif, and Thomas Piketty, also said the richest 10% hold around 65% of total wealth.
Cette histoire est tirée de l'édition December 11, 2025 de Financial Express Lucknow.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Lucknow
Financial Express Lucknow
CBI: ₹73,000-cr bank 'fraud' in Anil Ambani group probe
THE CENTRAL BUREAU of Investigation (CBI) is probing bank loan frauds cumulatively worth ~73,000 crore in seven cases registered against the Reliance Anil Ambani Group, according to a status report filed in the Supreme Court in February.
1 min
April 07, 2026
Financial Express Lucknow
IEX volume soars 17% to all-time high last fiscal
INDIAN ENERGY EXCHANGE (IEX) reported its highest-ever electricity traded volume of 141 billion units (BU) in FY26, rising 17% year-on-year (yo-y), even as power prices declined sharply due to a surge in supply—marking a pivotal shift in India’s short-term power markets.
1 min
April 07, 2026
Financial Express Lucknow
Auto sales tipped to grow in high single digits in FY27
FY26 GROWTH AT 13.3%; INVENTORIES DOWN TO 28 DAYS IN MARCH
2 mins
April 07, 2026
Financial Express Lucknow
Nykaa sees growth accelerating in Q4
FSN E-COMMERCE VENTURES, which operates Nykaa, said it expects fourth-quarter growth to accelerate across key metrics, supported by a recovery in its fashion business and steady momentum in beauty.
1 min
April 07, 2026
Financial Express Lucknow
Wingify raises ₹1,381 crore in round led by Everstone
WINGIFY, THE PARENT company of experimentation platform VWO, has raised ₹1,381 crore (around $150 million) from majority investor Everstone Capital and existing shareholders via a rights issue, Entrackr reported on Monday citing regulatory filings.
1 min
April 07, 2026
Financial Express Lucknow
Balance between calm & realism
A CREDIBLE SIGNAL OF READINESS TO ACT COULD BE THE MOST EFFECTIVE TOOL TO STABILISE MARKET SENTIMENT
4 mins
April 07, 2026
Financial Express Lucknow
Strategic sales rise 15x amid steady startup exits in 2025
EVEN AS INDIA'S startup exits held broadly steady at $7 billion in 2025, strategic sales saw a striking comeback — surging nearly 15-fold to cross $1 billion after a near-wipeout the year before.
1 mins
April 07, 2026
Financial Express Lucknow
RIL stock down nearly 5% in 2 days
LOSING RUN
1 min
April 07, 2026
Financial Express Lucknow
UCC, joint polls our mission, says Modi
Constructive progress made in talks, says PM
1 mins
April 07, 2026
Financial Express Lucknow
Bajaj Fin AUM tops ₹5 lakh cr
BAJAJ FINANCE HAS reported a 22% year-on-year growth in its assets under management (AUM), surpassing the ₹5 lakh-crore milestone, as of March 31, 2026, compared with %416,661 crore as of March 31, 2025.
1 min
April 07, 2026
Listen
Translate
Change font size
