Indian billionaires saw their fortunes swell by Rs. 2,200 crore a day last year, with the top 1 per cent of the country’s richest getting richer by 39 per cent as against just 3 per cent increase in wealth for the bottom-half of the population, an Oxfam study said on Monday. Globally, billionaires’ fortunes rose by 12 per cent or[Read More…]

Tens of millions of workers throughout India yesterday joined the second day of a 48-hour national protest strike against the hated pro-investor economic “reforms” of the Hindu supremacist Bharatiya Janatha Party (BJP)-led government. While the capitalist media largely tried to black-out the strike, it was supported by broad sections of the working class, both in the so-called formal and informal[Read More…]

Over 180 million workers began a two-day general strike across India yesterday in protest against Prime Minister Narendra Modi’s big business assault on the working class. Tens of thousands of workers defied threats of sacking and pay cut by state governments to join the national walkout. The huge strike, which is continuing today, is a powerful indication of the mass[Read More…]