Australian Billionaires' Wealth Soars by $10.5bn in a Year, Oxfam Demands Tax Reforms

January 19, 2026

Australian Billionaires' Wealth Soars by $10.5bn in a Year, Oxfam Demands Tax Reforms

Australian billionaires earned an average of $600,000 daily, adding over $10.5bn collectively last year. Oxfam calls for ending tax breaks like negative gearing and capital gains discount to reduce inequality.

Record Billionaires Hit 3,000 with $18.3tn Wealth Amid Rising Global Inequality and Protests

January 19, 2026

Record Billionaires Hit 3,000 with $18.3tn Wealth Amid Rising Global Inequality and Protests

In 2025, the number of billionaires topped 3,000, owning $18.3tn. Oxfam warns rich elites influence politics while poverty protests surge worldwide.

Global Capability Centres in India Boom Post-COVID with High Salaries and Growth

January 19, 2026

Global Capability Centres in India Boom Post-COVID with High Salaries and Growth

India’s Global Capability Centres (GCCs) have surged since COVID-19, attracting global firms and paying top salaries. With over 1,800 GCCs now, they keep skilled IT workers local amid tighter global immigration.

Trump Threatens New Tariffs on 8 European Nations Over Greenland, Markets Brace for Impact

January 18, 2026

Trump Threatens New Tariffs on 8 European Nations Over Greenland, Markets Brace for Impact

Donald Trump warned of fresh tariffs on goods from eight European countries from February. This move has spooked global markets and Europe’s top leaders, raising fears of trade conflict and NATO disruptions.

Karnataka Khadi Flag Makers Hit Hard as Polyester Flags Slash Sales by Over Half

January 18, 2026

Karnataka Khadi Flag Makers Hit Hard as Polyester Flags Slash Sales by Over Half

Karnataka’s women-run khadi flag unit sees sales drop after government allows polyester flags. Workers fear job cuts amid falling income.