nikhil inamdar has the details from mumbai.t it is at a 100—year high and the share of india's stock i% at 40.1% is share of india's stock i% at a0.i% is also at its highest historical levels, beating even developed economies such as the us. the paper was published by noted economists like the french nobel laureate. it pointed towards the income tax system, which may be regressive when viewed from the lens of net wealth, they say. so what can be done? the authors have proposed a supertax of 2% on the net wealth of the wealthiest 167 families in india to fight this inequality. it could yield up to 0.5% of national income and revenue, which they say can be used for public investments in health, education and nutrition. the distribution of economic growth in india has significant implications for global inequality dynamics according to the lab, given india's massive size and population. let's take a quick look at the markets before we go. the nikkei is up. they are taking their cue from wall street where we saw the record level cl

nikhil inamdar has the details from mumbai.rom the world inequality lab says income inequality is at a 100 year high here in india. and the share of wealth of india's top i% at a0.i% is also at its highest historical levels, beating even developed economies such as the us. the paper has been published by noted economists, including thomas piketty, the french nobel laureate. the researchers point blame towards india's income tax system, which might be regressive when viewed from the lens of net wealth, they say. so what can be done? the authors have proposed a super tax of 2% on the net wealth of the wealthiest 167 families in india to fight this inequality. it could yield up to half a percent of national income in revenues, which they say can be used for public investments in health, education and nutrition. the distribution of economic growth in india has significant implications for global inequality dynamics, according to the lab. given india's massive size and population. let's take a quick look at the markets before we go

my colleague nikhil inamdar sent this report from mumbai.shows and films in 2023, amazon prime video is doubling down on plans in india. at this event in the financial capital of mumbai, the big global bosses of amazon have announced new shows across genres and languages. india is quickly becoming one of amazon's biggest markets. we are amazon's biggest markets. - are looking at the next 250 million subscribers we will acquire will come outside of the us and we won't be able to achieve that unless we do a good job for customers in india. more people are signing up india. more people are signing up for prime amazonian india and prime video is the number one reason they sign up in india. in any given week, in 2023, indian content was watched in over 210 territories on prime video. the watched in over 210 territories on prime video.— watched in over 210 territories on prime video. the market is a busy market _ on prime video. the market is a busy market with _ on prime video. the market is a busy market with netflix, - busy market with netflix,

from mumbai, nikhil inamdar has more., this new study from the world inequality lab says income inequality is at a 100—year high here in india. and the share of wealth of india's top i% at a0.i% is also at its highest historical levels, beating even developed economies such as the us. the paper has been published by noted economists, including thomas piketty, the french nobel laureate. the researchers point blame towards india's income tax system, which might be regressive when viewed from the lens of net wealth, they say. so what can be done? the authors have proposed a super tax of 2% on the net wealth of the wealthiest 167 families in india to fight this inequality. it could yield up to 0.5% of national income in revenues, which they say can be used for public investments in health, education and nutrition. the distribution of economic growth in india has significant implications for global inequality dynamics, according to the lab. given india's massive size and population. in other news, in the uk shop sales saw zero

from mumbai, nikhil inamdar has more.ity is at a 100 year high in india. the share of wealth of india's top i%, at 40.1%, is also at its highest historical levels, beating even developed economies such as the us. the paper has been published by some noted economists, including the french nobel laureate. it points to india's income tax system, which might be regressive when viewed a certain way. they propose a super tax of 2% on the net worth of the wealthiest families in india to fight this inequality. it could yield up to 0.5% of national income on revenues, which they say can be used for public investment in health, education and nutrition. the distribution of economic growth in india has significant implications for global inequality dynamics, according to the lab, given india's massive size and population. this sunday marks 100 days days since the start of houthi missile attacks on container ships using the red sea. it's forced many shipping companies to re route around the cape of good hope, adding more than a week t