April 09, 2020 8:10 am
"The economic crisis that is rapidly unfolding is deeper than the 2008 global financial crisis," the report found.
January 21, 2020 8:47 am
The report said that India’s richest 1% hold more than four times the wealth held by the 953 million who make up for the bottom 70% of the country’s population.
January 20, 2020 9:36 am
In its "Time to Care" report, Oxfam said it estimated that unpaid care work by women added at least $10.8 trillion a year in value to the world economy - three times more than the tech industry.
January 21, 2020 8:24 am
As per the report, it would take a female domestic worker in India 22,277 years to earn what a top CEO of a technology company makes in one year.
January 22, 2019 9:36 am
The world’s richest 26 billionaires own as much wealth as the 3.8 billion people in the bottom half of humanity, while India’s top 9 billionaires own as much as the country’s poorest half.
January 21, 2019 9:33 am
According to the Oxfam report, India added 18 new billionaires last year, raising the total number of billionaires to 119, while their wealth crossed the USD 400 billion (Rs 28 lakh crore) mark for the first time.
February 23, 2018 6:15 am
The report pointed out that the path of inequality has changed in India — from being stagnant in the 1980s, to increasing since 1991, and to a subsequent and continued surge up to the present.
February 16, 2018 2:41 pm
Oxfam said in a statement that its High-Level Commission on Sexual Misconduct, Accountability and Culture Change would be comprised of women's rights experts who would have access to Oxfam records and staff, partners and communities it supports.
February 15, 2018 11:49 am
Oxfam is under threat of losing its British government funding over sexual misconduct accusations in Haiti and Chad. Senior staff have already left the charity, and the threat of losing its right to operate in Haiti heaps pressure on Oxfam.
February 14, 2018 1:26 pm
Actor Minnie Driver said the controversy would not discourage her "from working with good people in this space to support a population of human beings around the world that needs our help".