Oxfam News

News

Richest 10% of Indians have three-fourths of nation’s wealth: Oxfam

The top 1% holds over four times the wealth held by 953 million, who make up the poorest 70% of India’s populationThe report, 'Time to care', released in Davos, Switzerland said the bottom 50%, the majority of the population, has a mere 2.8% share of the national wealth

2 min read21 Jan 2020
Opinion

Opinion | Anxiety over inequality

If the wealth of 63 Indian billionaires taken together exceeds the sum at New Delhi’s disposal in last year’s Budget, it speaks of how poorly we’re living up to the country’s egalitarian ideals.

1 min read20 Jan 2020
News

World’s richest 1% have twice the wealth of the rest of humanity combined: Oxfam

The UK-based charity said governments are 'massively under-taxing' rich individuals and corporationsThe world’s three richest people amassed a total of $231 billion over the past decade

2 min read20 Jan 2020
News

Wealth of India's richest 1% more than 4-times of total for 70% poorest: Oxfam

Oxfam also said the world's 2,153 billionaires have more wealth than the 4.6 billion people who make up 60% of the planet's populationThe report flagged that global inequality is shockingly entrenched and vast and the number of billionaires has doubled in the last decade

4 min read20 Jan 2020
News

Young generation distrustful of businesses, as loyalty and confidence dip

About 73% of the millennials are of the opinion that businesses have no goal other than making money, according to a Deloitte survey

2 min read2 Sep 2021
Industry

Why contractual workers remain deprived of safe work space

Many firms have minimal safety provisions for their permanent employees but there is a growing trend of hiring more contractual workers who are not covered by these policies, say experts

2 min read27 Apr 2018
Companies

Social inclusion is not priority for Indian businesses: survey

Improving the ease of doing business for Indian companies does not necessarily translate into doing good for employees on all parameters, indicate findings of the third edition of the India Responsible Business Index 2017

5 min read26 Feb 2018
Politics

India’s top 10% own 63% of country’s wealth, bottom 50% own 5.3%: Oxfam report

By 2012 share of India's top 10% in total wealth rose to 63% from 52% in 1991, says a report by Oxfam India

2 min read23 Feb 2018
Mint-lounge

PNB’s new woes, funding concerns at Oxfam, Xiaomi vs Samsung

PNB slides 21% after finding large fraudulent transactions, Oxfam rocked by sexual misconduct of staff, Samsung and Xiaomi battle for Indian smartphone market

4 min read17 Feb 2018
Home-page

News in Numbers: Lendingkart raises total of Rs1,129 crore after latest funding round

In other news, the total forest and tree cover is as 80.2 million hectares, representing 24.39% of India's total geographical area , says a report

3 min read13 Feb 2018
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