Daily Current Affairs / World Inequality Report 2026 Highlights India’s Widening Economic Gaps
Category : Business and economics Published on: December 13 2025
The World Inequality Report 2026 places India among the most unequal large economies, with the richest 10% capturing 58% of national income and the top 1% holding 22.6%, levels last seen during the colonial era. Wealth concentration is even starker, with the top 10% owning 65% of household assets. The report highlights deep gender, regional and social disparities and attributes rising inequality to technological shifts, corporate concentration, weak labour protections and regressive taxation. It recommends wealth and inheritance taxes along with expanded universal services to address the growing divide.
12th-century Mandir-style pillar fragments discovered in Hinganghat reflect Hemadpanti architecture and highlight the region’s medieval cultural significance.
Read More....Varanasi sets a Guinness record by planting over 2.5 lakh saplings in one hour using Miyawaki method under Namo Van urban forest project.
Read More....India enters advanced memory manufacturing as Micron’s Sanand ATMP facility begins DRAM and NAND production with $2.7 billion investment.
Read More....US and Israel launch coordinated strikes on Iran, targeting top leadership, escalating tensions in West Asia.
Read More....Oldest known hand stencil dated 67,800 years discovered in Sulawesi cave, highlighting early human symbolic expression.
Read More....Tripura launches its first State Innovation Mission with T-NEST hub, promoting startups, AI policy, and inclusive innovation.
Read More....Mangaluru Airport wins ASQ ‘Best Airport at Arrivals’ award for the second consecutive year.
Read More....NSV Kaundinya completes maiden Oman voyage and returns to Mumbai, highlighting India’s maritime heritage.
Read More....Assam distributes land pattas to over one lakh families under Mission Basundhara 3.0, enhancing legal ownership and governance.
Read More....UAE launches world’s first sovereign financial cloud, SFCSI, offering AI-driven secure digital infrastructure for financial institutions.
Read More....
