Dogecoin price stabilized around $0.33 on Friday, halting a market downturn that saw a 15% decline over four days. Currently, ...

The Gini coefficient measures the extent to which the distribution of income among individuals or households within an ...

Income inequality in India has decreased post-pandemic, but remains higher than 2015-16, as shown by a recent study.

What appears on the surface to be a flat trend in Western countries masks churn beneath – and growing middle class angst.

Over 74 years (1950–2023), the top 10% income share increased by 23.7 percentage points. Conversely, the middle 40% and ...

The average monthly expenditure of households in Nagaland surged by over 17% between the 2022-2023 and 2023-2024 periods, ...

The global economy remains slow, creating major challenges for reducing poverty and inequality. According to the IMF’s latest ...

Introduction According to the latest Household Consumption Expenditure Survey (HCES), based on the data collected from 2.61 lakh households in Rural areas and over 1 lakh in Urban areas, the average ...

PM Modi noted that compared to 2011, consumption in rural India has nearly tripled, indicating that people are spending more ...

Most people think economic inequality is a big problem for their country, and see the excessive political sway of the rich as ...

The HCES 2023-24 data showed that urban-rural gap in MPCE has declined to 70% in 2023-24 from 84% in 2011-12. In 2022-23, the ...

Invariably, reliance for such statements is placed on the so-called Gini coefficient or index, produced by none other than the World Bank. The Gini index attempts to measure income inequality. Briefly ...