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India Added 40 Billionaires Last Year But Number of Poor Doubled: Oxfam

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India Added 40 Billionaires Last Year But Number of Poor Doubled: Oxfam

According to Oxfam Global Davos 2022 report, India’s richest people have more than doubled their wealth during the Covid-19 crisis that has ravaged the country and exacerbated poverty, and the government should revisit its redistribution wealth policy.
The country’s billionaire population rose by 40 to 142 last year, when a second wave of infections overwhelmed its health infrastructure and pushed crematoriums and cemeteries to the brink. Their combined wealth of nearly $720 billion exceeds that of the poorest 40 percent of the population, the group said in a report on rising inequality released Monday.

Global wealth has exploded during the pandemic, as the value of everything from stock prices to cryptocurrencies and commodities has soared. The net worth of the world’s 500 richest people rose by more than $1 trillion last year, according to the Bloomberg Billionaires Index. India’s urban unemployment rate climbed to 15 percent last May, food insecurity worsened, and it now has more billionaires than France, Sweden and Switzerland combined, Oxfam said.

National policies, including the abolition of wealth tax in 2016, slashing corporate taxes and increasing indirect taxes, are factors that have helped the rich get richer, while the national minimum wage has remained at 178 rupees ($2.40) a day since 2020 , Global Report’s India added. Amid the increasing privatization of the health and education sectors, federal funding to local governments has declined, further exacerbating inequality. The country is home to a quarter of the world’s undernourished people, Oxfam said, citing the World Food Programme.

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“Unfortunately, the Indian government’s tax policy has not only benefited the wealthy, but has also deprived Indian states of vital financial resources – which is particularly damaging in the context of the Covid-19 crisis,” the report said.

Oxfam recommends that the government impose a 1% surcharge on the richest 10% of the population to invest in health and education. It noted that the wealth of India’s 10 richest billionaires will be enough to fund the school and higher education of the country’s children for more than 25 years.

Complete News Source : NDTV

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YouTube marks 20th anniversary by launching new useful features What’s new

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YouTube marks 20th anniversary by launching new useful features What’s new

YouTube has celebrated its 20th anniversary with several new features, including functional upgrades and new features for YouTube TV. The platform has introduced personalised radio stations via Ask Music, which is available to YouTube Premium and YouTube Music users on both iOS and Android devices. Additionally, YouTube is rolling out the ability to fast-forward.

YouTube TV members will gain the ability to build their own multiview experiences, starting with a selection of non-sports content from a small group of popular channels. The platform is introducing improved navigation, better playback quality, and easier access to features such as comments, channel information, and more through videos at 4x speed, providing more.

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  1. Delete Unnecessary Emails: Regularly clearing unwanted emails helps maintain storage. Open Gmail in your browser or mobile device, go to your Inbox, Social, or Spam folder, filter messages, select emails to delete or check the box to select all emails in the folder, and click the “Delete” button. The emails will be moved to the Trash folder Empty Your Spam and Trash Folders: If deleted emails remain in your Trash.
  2. Unsubscribe from Unwanted Emails: Open a promotional email and click “Unsubscribe” at the bottom of the email to reduce future accumulation April 2025 — YouTube, the world’s largest video-sharing platform, is celebrating its 20th anniversary with the launch of several innovative features aimed at enhancing user experience, empowering creators, and embracing the future of digital content.

  3. 1. AI-Powered Video Summaries
    One of the most anticipated features is AI-generated video summaries, which will now appear below eligible videos. This allows viewers to preview content quickly and decide whether to watch the full video. The summaries are automatically created using advanced natural language processing and are designed to boost discoverability and engagement.

  4. 2. “Jump Ahead” Smart Chapters
    YouTube is introducing smart chapters with “Jump Ahead” capabilities, allowing viewers to skip to the most engaging parts of videos based on audience retention data. The feature leverages machine learning to identify sections that retain viewers the most and gives users a prompt to “Jump Ahead” with a single tap.

  5. 3. Creator Insights Dashboard Upgrade
    For content creators, YouTube has upgraded its Creator Studio Dashboard with enhanced real-time analytics, audience mood tracking, and AI-suggested titles and tags. The platform’s algorithms now offer dynamic suggestions for improving performance, personalized for each creator’s channel and content style.

  6. 4. YouTube Create App Expansion
    Following positive feedback from beta users, YouTube is officially rolling out the YouTube Create app in over 30 new countries. This free mobile video editing tool includes features like auto-captions, royalty-free music, filters, and multi-clip editing — giving creators more control without the need for expensive software.

  7. 5. Enhanced Live Shopping Tools
    With e-commerce booming, YouTube is expanding its Live Shopping tools, allowing creators to tag mini-social network within the platform. These tools are products, integrate affiliate links, and host shoppable livestreams with real-time viewer interaction. The new update supports multi-vendor support, making collaborations with brands smoother and more profitable.

  8. 6. Smart TV Upgrades
    YouTube is giving its TV interface a refresh, introducing a sleeker design with quicker access to playlists, subscriptions, and smart recommendations. A new “Ambient Mode interactive content suggestions and previews when the app is idle, turning the TV into a dynamic home hub for entertainment.

  9. 7. Community Tab Enhancements
    To improve engagement, YouTube is enhancing its Community Tab with interactive stickers, polls, countdowns, and quizzes — turning it into a mini-social network within the platform. These tools are aimed at helping creators keep their audience involved even between video uploads.
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  1. Construction, Infrastructure and Mining   
  2. General News Platforms – IHTLive.com
  3. Entertainment News Platforms – https://anyflix.in/

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