Oxfam News
Releasing its annual inequality report on the first day of the World Economic Forum (WEF) Annual Meeting here, Oxfam said seven of 10 of the world's biggest corporations have a billionaire as a CEO, or principal shareholder.
Oxfam said seven of 10 of the world's biggest corporations have a billionaire as a CEO, or principal shareholder.
OXFAM has presented a report on economic inequality in India. According to the report, 50 percent of India's population owns only 3 percent of the country's wealth. The country's 21 billionaires have more wealth than the wealth of 700 million Indians.
Oxfam International's annual inequality report said that if India's billionaires are taxed once at 2 per cent on their entire wealth, it would support the requirement of Rs 40,423 crore for the nutrition of malnourished in the country for the next three years.
Oxfam India's latest 'India Inequality Report 2022: Digital Divide' report said on Monday that the reach of digital technologies remains limited to largely male, urban, upper-caste, and upper-class households and individuals.
According to report, 15.6% of the urban Muslim population were engaged in regular salaried jobs whereas 23.3 per cent of non-Muslims were in regular salaried jobs in 2019-20.
IT raids were conducted at offices of the Centre for Policy Research, Oxfam India, Independent and Public-Spirited Media Foundation (IPSMF)
All the firms submitted they did not do anything unlawful
Oxfam International has released a new report titled 'Profiting from Pain'.
It said that the Covid-19 pandemic has seen one new billionaire emerging every 30 hours.
Nearly one million people could be pushed into extreme poverty every 33 hours in 2022, the report by Nairobi-based charity said.
A study by Oxfam International has said that it would take the 10 billionaires 414 years to spend their combined wealth at a rate of a million dollars each per day.
Indian billionaires saw their combined fortunes more than double during Covid pandemic, a new study has shown.
Their count shot up by 39 per cent to 142.
Study said that an additional 1% tax on richest 10% can provide India with nearly 17.7 lakh extra oxygen cylinders.
The report released by the Nairobi-based charity ahead of next week`s International Monetary Fund (IMF)/World Bank annual meeting calculated the impact of the crisis on global poverty due to shrinking household incomes or consumption.
Why is the economic distance between rich and poor increasing; Watch this special segment of DNA to know...
In an annual wealth check released to mark the start of the World Economic Forum in Davos, the development charity said 2018 had been a year in which the rich had grown richer and the poor poorer, reports the Guardian.
The findings of the study were released before the start of the five-day World Economic Forum (WEF) Annual Meeting in Davos.
A Children's Village, which is providing a stable and caring family environment to unprivileged and vulnerable children in India. SOS Children's Village came into existence in India in 1964 with an aim to take care of children who have lost parental care. Watch this video to know more.
Oxfam deputy chief resigned on Monday taking "full responsibility" for the behaviour of the British charity's staff in Haiti.
The richest 1 per cent in India cornered 73 per cent of the wealth generated in the country last year, a new survey showed, presenting a worrying picture of rising income inequality.
Eight men own the same wealth as half the world's population, a level of inequality which "threatens to pull our societies apart", Oxfam said on Monday ahead of the World Economic Forum opening in Davos.
The wealth of the richest 62 people has risen by 44 percent since 2010, while the wealth of the poorest 3.5 billion fell 41 percent.
The wealth of the richest 62 people has risen by 44 percent since 2010.
Loading...