New Delhi: India needs to impose a 2 per cent tax on net wealth exceeding Rs 10 crore and a 33 per cent inheritance tax to deal with the problem of rising inequality in the country, a new research paper co-authored by economist Thomas Piketty has suggested. The paper titled 'Proposals For a Wealth Tax Package to...

Frankfurt (Germany): The US sought to build support for squeezing more money for Ukraine out of frozen Russian assets and for uniting against China's aggressive trade practices as finance ministers from the Group of Seven rich democracies opened a two-day meeting Friday on the shores of northern Italy's scenic Lago Maggiore. US Treasury Secretary Janet Yellen is...

Los Angeles: Jennifer Lopez and Atlas co-star Simu Liu shut down a reporter at a press event for the film in Mexico City after he asked the actor whether rumours about her divorce with Ben Affleck were true. There have been reports that the actors, who rekindled their romance in 2021 after 20 years, are facing marital...

Bengaluru: Premier India batter Virat Kohli has paid tribute to Dinesh Karthik after his retirement at the end of RCB's IPL campaign, describing the veteran wicketkeeper-batter as a wise and honest person who lifted his spirits during a phase of struggle in the league's 2022 season. The 38-year-old, who joined Royal Challengers Bengaluru from Kolkata Knight Riders...

Kolkata: The West Bengal CID arrested one person from the state's Bongaon area in North 24 Parganas district for his alleged involvement in the "murder" of Bangladesh MP Anwarul Azim Anar, an officer said Friday. The man, a butcher by profession, has admitted during interrogation that he had helped the other accused in chopping the victim's body...

Pune: Attempts were made to project that the 17-year-old minor who allegedly crashed his Porsche car into a motorbike killing two persons was not at the wheel at the time of the accident, said Pune Police Commissioner Amitesh Kumar Friday. The city police chief told reporters that an internal inquiry has pointed to lapses on the part...

Hanoi: An overnight fire in an apartment building on a narrow alley in Vietnam's capital killed 14 people and injured six others, state media said Friday. The apartment building in central Hanoi could only be accessed through an alley just 2 metres (6.5 feet) wide, preventing firetrucks from reaching it, and firefighters eventually contained the fire by...

Bengaluru: More than 30 victims have approached the Special Investigation Team (SIT) probing the alleged sex videos case involving Prajwal Revanna, JD(S) MP and grandson of former Prime Minister HD Deve Gowda, according to sources. However, none of the victims are ready to lodge a police complaint in this regard. The victims are so frightened that even...

Bhubaneswar: A depression in the Bay of Bengal is likely to concentrate into a severe cyclonic storm and make landfall between Sagar island in West Bengal and Khepupara in Bangladesh around May 26 midnight, bringing heavy rain in the coastal districts of the state, the Met department said Friday. The system, which lies over central Bay of...

New Delhi: Information Technology (IT) sector jobs have witnessed a significant rise across tech hubs from April 2023 to April 2024 period, despite a national shift in job postings, a new report said Friday. According to the job matching and hiring platform Indeed, job postings in the IT sector have grown by 41.5 per cent in Hyderabad...