PEW RESEARCH MIDDLE CLASS
Kunal Kamra roasts Sudha Murty's middle-class public image. 'She has written 50 books on her simplicity'
Comedian Kunal Kamra sparked controversy with his satirical performance in Mumbai's Naya Bharat show, where he mocked Sudha Murty's claims of simplicity and ridiculed Narayana Murthy’s advice on a 70-hour workweek. He also targeted Maharashtra Deputy CM Eknath Shinde, leading to protests by Shiv Sena (Shinde faction) workers, who vandalized the show venue. Mumbai Police have booked Kamra and the vandals.
JNVST 2025 results for class 6 and class 9 admissions out now; here's how to check your scores on the official website
Results for the Jawahar Navodaya Vidyalaya Selection Test (JNVST) 2025 for Class 6 and Class 9 have been announced on March 25, 2025. Students can check their results on the Navodaya Vidyalaya Samiti's official website. Those who qualified must complete admission formalities, including document verification and a medical exam, within the specified timeline.
CBSE to allow calculators for Class 12: Check other key changes announced for next year's board exams
CBSE will allow basic non-programmable calculators for Class 12 accountancy students from 2025-26. The board also announced digital evaluation of answer sheets and a new re-evaluation process from 2024-25. Future curriculum reforms include advanced-level science and social science exams for Class 10 students from 2026-27. These changes aim to enhance assessment methods and align with global standards.
Housing Price Index in NCR rises 17 points in Dec on high demand: Housing.com-ISB report
Housing prices in Delhi-NCR rose by 17 points in December 2024 compared to September, driven by high demand for premium properties as per an ISB report. The average price hit Rs 8,105 per square feet. The report also noted ongoing price increases against a backdrop of positive consumer sentiment, despite potential geopolitical pressures impacting input costs.
Income down, debt up: Saurabh Mukherjea gives three reasons why India's middle class is facing a major crisis
India's middle class is facing economic challenges. Stagnant incomes, job losses due to automation, and a cyclical economic slowdown are key issues. These factors are eroding financial stability. Rising debt and job erosion are structural problems that may heavily impact the middle class in the coming decade.
Silent recession? Techie warns Bengaluru’s IT-driven property boom is slowing down, may trigger home loan defaults
Bengaluru's real estate market is slowing. Layoffs and less hiring within the IT sector are major factors. The impact of AI, reduced NRI investment, and fewer new graduates getting jobs worsen the situation. People are playing it safe due to job uncertainties and potential layoffs. Home lending is being affected, with concerns about loan defaults rising.
ETMarkets Smart Talk: India’s consumption boom - key sectors to watch, according to Harshad Patil
India has been labelled as one of the highest tariff nations by the U.S. President, and there is speculation that the U.S. will announce reciprocal tariffs on Indian goods as early as April 2nd.
India's premium residential market soars with rising demand for luxury living spaces
India's luxury residential market is growing, with 17% of new launches in 2024 priced above Rs 1.5 crore. Tier-2 and tier-3 cities are contributing 12%, driven by urbanization and infrastructure development. Notable projects like The Wilton and M Square in Ludhiana highlight this trend.
Assam: All Class 11 state board exams cancelled after paper leak
All Class 11 exams from March 24 to 29 in Assam have been cancelled following multiple instances of paper leaks. The state government has taken stringent measures, including suspending the affiliation of 15 private schools and initiating police complaints against several institutions for violating examination protocols.
Are you truly middle-class in America? Here’s what you need to earn in different US states to stay in the middle
Earning a six-figure salary no longer guarantees financial comfort as middle-class thresholds have significantly risen across U.S. states, especially in Massachusetts. With soaring living costs, even traditionally high incomes may struggle to keep up. Depending on location, being middle class now means meeting higher income ranges, highlighting the shifting economic landscape and increased financial strain.
$5,000 DOGE dividend checks another empty promise? Check latest update on qualification
James Fishback, the CEO who came up with the idea of a DOGE stimulus check, has revealed the payout might not be the $5,000 originally proposed. US President Donald Trump and his close ally Elon Musk have supported a proposal to use a proportion of these savings to issue $5,000 checks to American taxpayers.
Will Karnataka schools, colleges, offices, and banks be closed on March 22? Here’s what’s open and what’s not
Karnataka Bandh on 22 March is causing uncertainty for schools during exam season, with some refusing to cancel exams to avoid disruption. Transport issues are anticipated as cab and auto services will be limited. Schools are adopting a 'wait and watch' approach, advising parents and students to stay updated with school authorities.
Malabar Gold & Diamonds invests Rs 600 crore to open 12 new showrooms across India by March-end
Malabar Gold & Diamonds invested Rs 600 crore to open 12 new showrooms by month's end, bringing their total to 391 across 13 countries and 19 Indian states. The expansion will create 400 jobs. By FY25, the total will be 42 new showrooms. They plan to open 60 more globally in 2025, with five new showrooms in April.
Indian biotech firm develops world’s first, indigenous Bi-Specific 3rd generation CAR T cells for cancer treatment
This therapy targets multiple tumor-specific antigens, offering improved treatment precision for blood cancer patients, and significantly reducing costs, thus enhancing accessibility in India and globally.
Noise outlines international expansion starting with GCC region
The GCC region is home to one of the world's youngest and most tech-savvy populations, with over 50% under the age of 25. "This strategic move aligns with the brand's vision of democratising meaningful technology and making India's best-in-class innovation accessible to consumers worldwide," the release said.
US starts to build submarine presence on strategic Australian coast under AUKUS
The U.S. will significantly increase its submarine presence off the Western Australian coast under the AUKUS partnership, with the USS Minnesota as a prelude. Upgrades worth $5 billion are underway at HMAS Stirling to host these submarines, emphasizing strategic importance in the Indo-Pacific region given rising Chinese capabilities.
Prada wears Versace: Rumblings in the sliding luxury industry
The global luxury industry is experiencing a downturn, with Prada considering acquiring Versace to strengthen its market presence. Versace has been facing financial challenges, and this acquisition could provide Prada with an opportunity to target different customer groups and revive Versace's struggling brand.
AI could wipe out '40-50% white-collar' Indian jobs: Atomberg founder warns about 'end of the middle class'
Mumbai-based entrepreneur and Atomberg founder Arindam Paul has sparked a heated discussion on LinkedIn, warning that artificial intelligence (AI) could significantly reduce white-collar jobs in India, particularly in the IT and BPO sectors. He cautioned that without enough well-paying jobs in manufacturing, AI-driven job losses could threaten India’s middle class and overall economic growth. Paul criticized corporations for focusing on AI-powered cost-cutting without considering its impact on consumer spending.
'No income growth in 10 years': Marcellus CIO Saurabh Mukherjea feels India's middle class is facing big crisis
India's middle class faces stagnant incomes over the past decade despite rising consumption funded by loans. The income gap is widening, with both lower-income and ultra-rich groups experiencing earnings growth. AI and automation threaten job security, raising concerns about loan repayment. Politicians focus on lower-income groups, while the ultra-rich segment flourishes, deepening financial disparity.
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