Poverty Financial News

Andhra Pradesh Chief Minister N Chandrababu Naidu will visit New Delhi on Tuesday to attend a wedding reception and will hold a meeting with Microsoft founder Bill Gates on March 19. Naidu will depart from Amaravati at 4 pm on Tuesday to attend the wedding reception of a family member of Union Agriculture Minister Shivraj Singh Chouhan.

The accompanying caption on platform X states, “1950: Car Parking on M.G. Road, Bangalore." First shared on March 15, the post has since accumulated over 22,000 views. While numerous individuals admired the old-world charm of Bengaluru, opinions remained divided on whether the city’s past was indeed superior to its present.

antiques, paintings, chinaware and jewellery. Why was he unhappy? Inheritance is money one has not earned. Not everyone is pleased with the windfall. There was a time when the outlook for the future seemed bleak in the minds of the younger generation. Widespread unemployment, poverty and scarcity made many believe that becoming rich was tough, if not impossible. We now live in times when the younger generation is more confident, positive and capable of earning and living well. So, don’t they need their parents’ wealth? Wealth is welcome, but not as unconditionally as before. The younger generation is not desperate, eager to grab what has been left behind, and devise quick ways to use it. If feeling guilty about the largesse seems surprising, being confused, exhausted and isolated is real. Imagine inheriting a bungalow full of stuff that one has to spend days sifting through. One does not even know if something is valuable, and whether there is a market for a seemingly exotic painting.

extreme poverty. «I learnt a lot from people who came to my father's tea shop while I used to sit there; I applied those learnings in my public life,» said PM Modi. «Every morning, around 4:00 or 4:30 am, he would leave the house, walk long distances, visit several temples, and then reach his shop,» PM Modi said. He described how his father’s traditional leather shoes made a distinct tock, tock, tock sound as he walked through the village. «People in the village used to say that they could tell the time just by hearing his footsteps—‘Oh yes, Mr. Damodar is on his way.’ Such was his discipline,» he recalled.

Infosys co-founder, Narayana Murthy, while speaking at the TiECon Mumbai on Wednesday commented on the rising hype around artificial intelligence (AI) in India, claiming that many systems marketed today as AI were simply traditional programming. “I think somehow it has become a fashion in India to talk of AI for everything. I have seen several normal, ordinary programs touted as AI,” Murthy commented during the annual entrepreneurial conference.

«The poorest households in Slovenia and Malta are now better off than those in the UK,» the report states, attributing this decline to stagnating real incomes since the 2008 financial crisis. While other European countries have seen steady income growth, the UK has fallen behind.

Infosys cofounder N R Narayana Murthy on Wednesday sought to calm the «exaggerated» hype around artificial intelligence (AI) in India, noting that many systems being labelled AI were nothing more than old programming. “I think somehow it has become a fashion in India to talk of AI for everything. I have seen several normal, ordinary programs touted as AI,” he remarked at TiECon Mumbai, an annual conference of entrepreneurs. In a conversation with TiE Mumbai founding president Harish Mehta, Murthy explained that there are two fundamental principles behind true AI: the first is machine learning, which enables large-scale correlation to make predictions; the second is deep learning, which mimics how the human brain works, using unsupervised algorithms.

Sustainable Development Goals (SDGs) by 2030, which include ending poverty and achieving gender equality, a study has found. However, when grouped according to geographical, cultural, and socioeconomic factors, different countries appear to be making progress on different goals, according to the findings published in the journal PLOS One. Researchers, including those from the National Autonomous University of Mexico, found that, for instance, African and Asian countries-which have the lowest Gross Domestic Product (GDP) — have made low progress on goals such as eradicating poverty, achieving gender equality, and ensuring good health and well-being. However, these countries have made the best progress on climate action and responsible consumption and production, the team said.

Subscribe to enjoy similar stories. Chagos is one of the world’s longest-running unresolved issues of decolonization, whose return to Mauritius has been championed by India for decades. Prime Minister Narendra Modi’s visit to Mauritius this week can help see the campaign to its logical conclusion.

Subscribe to enjoy similar stories. Amid global tariff flux and confusion over aims, India has made a relatively straightforward move.

Subscribe to enjoy similar stories. What do Rachel Reeves, Javier Milei and Elon Musk have in common? All are preaching the gospel of austerity as a necessary cure for what ails their respective economies. Hence, Reeves, the UK’s Chancellor of the Exchequer, has tightened rules for government spending and investment, despite the fact that fiscal constriction has been a major cause of the country’s problems over the past 15 years.

Oscar?

More than 1 million Haitians, nearly 10% of the population, have been uprooted by years of conflict in which armed gangs have cemented control over much of the capital and surrounding areas. Services that benefited from U.S. funding, such as malnutrition screening for babies, will be cut, UNICEF said.

Tushar Shah on Tuesday successfully completed a celestial journey onboard the Jeff Bezos-owned Blue Origin NS-30 mission as part of a six-member crew.

International Labour Organisation (ILO) and the Organisation for Economic Co-operation and Development (OECD) agreed to focus on IT, green jobs, and care-related roles in the skill gap mapping feasibility study being firmed up for G20 nations.

Long Bright River on March 13. The series stars Amanda Seyfried as a police officer navigating a complex case in Philadelphia during the opioid crisis. The show is based on Liz Moore’s novel and aims to challenge common narratives in crime dramas.

Washington Consensus is dead. At its peak, no one would have guessed its demise would be presided over by the political right in the country of its origin. But when J D Vance uses 'stupid' to describe a 'consensus' that governed the global order for over four decades, there's the sense of an ending.

U.S. President Donald Trump says he will cut all funding to South Africa over what he called a massive human rights violation

Nirmala Sitharaman has introduced significant tax relief measures for India’s middle class in the Union Budget 2025. These reforms include a streamlined income tax framework, an increased Tax Collected at Source (TCS) threshold for overseas remittances, and expanded tax benefits for middle-income earners.

Union Budget: In theUnion Budget for 2025-26, Finance Minister Nirmala Sitharaman outlined the government's plans to introduce "transformative reforms" across six key sectors, including taxation and the financial sector. Presenting her eighth consecutive Budget, Sitharaman highlighted the government's successful development trajectory over the past decade, along with structural reforms that have attracted global attention.

Murmu hailed the “One nation-One Election” Bill as a move that will redefine good governance by promoting consistency in administration, checking policy paralysis that is caused by the frequent imposition of model code of conduct, reducing substantially the financial burden incurred by frequent polls and lowering the diversion of resources. In her address to the nation on the eve of the 76th Republic Day, she touched upon various achievements of her government such as financial inclusion, legal and educational reforms and the use of modern technology that have helped the country march ahead.