'Let’s stop pretending India has a huge middle class'—Redditor questions traditional definitions, triggers debate
The Redditor brought attention to the inadequacies of this definition, especially considering the vast disparities in median ...
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Is the rich getting richer? Examining India's growing income disparity
Excluding negative and zero incomes, the annual median individual income in India in 2017-18 was ₹1.02 lakh (₹8,500 monthly), which increased in 2023-24 to ₹1.44 lakh (₹12,000 monthly ...
Times Internet spinout Abound raises $14M to let more Indian Americans send money home
Abound, a go-to remittance app that was spun off by India's Times Internet, has raised $14 million in a seed round.
Business Insider India5y
A 34-year-old Indian photographer’s income has grown over 42 times in 15 years — thanks to big, fat Indian weddings
Compare that to the median salary for employees in the two highest paying industry in India — Power and IT — is ₹1,45,833 a month. While the per capita income for all Indians is ₹10,534 a ...
'Half of India has less than ₹3.5 lakh': Financial expert warns India’s next crisis is personal
He also offers benchmarks for comparison: excluding primary residence, if your wealth is above ₹90 lakh, you’re richer than ...