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Oxfam News

16 Jan 2024

Wealth Of World's 5 Richest Men Swelled By $14 Million Per Hour: Oxfam

Releasing its annual inequality report on the first day of the World Economic Forum (WEF) Annual Meeting here, Oxfam said seven of 10 of the world's biggest corporations have a billionaire as a CEO, or principal shareholder.

15 Jan 2024

Wealth Of 5 Richest Men Doubled Since 2020; Five Billion People Made Poorer

Oxfam said seven of 10 of the world's biggest corporations have a billionaire as a CEO, or principal shareholder.

17 Jan 2023

Know what does the OXFAM report on economic inequality says?

OXFAM has presented a report on economic inequality in India. According to the report, 50 percent of India's population owns only 3 percent of the country's wealth. The country's 21 billionaires have more wealth than the wealth of 700 million Indians.

16 Jan 2023

India's richest 1% now own more than 40% of country's total wealth: New study

Oxfam International's annual inequality report said that if India's billionaires are taxed once at 2 per cent on their entire wealth, it would support the requirement of Rs 40,423 crore for the nutrition of malnourished in the country for the next three years.

05 Dec 2022

Only 31% women in India own mobile phones - BIG REASON for inequality: Oxfam

Oxfam India's latest 'India Inequality Report 2022: Digital Divide' report said on Monday that the reach of digital technologies remains limited to largely male, urban, upper-caste, and upper-class households and individuals.

15 Sep 2022

Non-SCs, STs earn more than SCs, STs, non-Muslims: Oxfam India

According to report, 15.6% of the urban Muslim population were engaged in regular salaried jobs whereas 23.3 per cent of non-Muslims were in regular salaried jobs in 2019-20.

09 Sep 2022

Income Tax survey undertaken without giving reason, claims Oxfam India

IT raids were conducted at offices of the Centre for Policy Research, Oxfam India, Independent and Public-Spirited Media Foundation (IPSMF) All the firms submitted they did not do anything unlawful

23 May 2022

Profiting from Pain: Covid created one new billionaire every 30 hrs, says

Oxfam International has released a new report titled 'Profiting from Pain'. It said that the Covid-19 pandemic has seen one new billionaire emerging every 30 hours. Nearly one million people could be pushed into extreme poverty every 33 hours in 2022, the report by Nairobi-based charity said.

World's richest list

18 Jan 2022

World's 10 richest will take 414 years to spend their combined wealth: Study

A study by Oxfam International has said that it would take the 10 billionaires 414 years to spend their combined wealth at a rate of a million dollars each per day.

Indian billionaires

18 Jan 2022

India's 10 richest can fund school of every child for 25 years, finds study

Indian billionaires saw their combined fortunes more than double during Covid pandemic, a new study has shown. Their count shot up by 39 per cent to 142. Study said that an additional 1% tax on richest 10% can provide India with nearly 17.7 lakh extra oxygen cylinders.

09 Apr 2020

Coronavirus crisis could plunge half a billion people into poverty: Oxfam

The report released by the Nairobi-based charity ahead of next week`s International Monetary Fund (IMF)/World Bank annual meeting calculated the impact of the crisis on global poverty due to shrinking household incomes or consumption.

21 Jan 2020

DNA: Analysis of the gap between rich and poor

Why is the economic distance between rich and poor increasing; Watch this special segment of DNA to know...

global billionaires

21 Jan 2019

World's 26 richest people own as much as poorest 50%: Oxfam

In an annual wealth check released to mark the start of the World Economic Forum in Davos, the development charity said 2018 had been a year in which the rich had grown richer and the poor poorer, reports the Guardian.

21 Jan 2019

Wealth of richest 9 Indians equivalent to bottom 50% of population: Oxfam

The findings of the study were released before the start of the five-day World Economic Forum (WEF) Annual Meeting in Davos.

02 Jan 2019

SOS Children's Village, creating a safe environment for unsupported children

A Children's Village, which is providing a stable and caring family environment to unprivileged and vulnerable children in India. SOS Children's Village came into existence in India in 1964 with an aim to take care of children who have lost parental care. Watch this video to know more.

Oxfam deputy chief

12 Feb 2018

Oxfam deputy chief quits over sex scandal allegations

Oxfam deputy chief resigned on Monday taking "full responsibility" for the behaviour of the British charity's staff in Haiti.

22 Jan 2018

Rising disparity: Richest 1% in India corner 73% of wealth generated, says survey

The richest 1 per cent in India cornered 73 per cent of the wealth generated in the country last year, a new survey showed, presenting a worrying picture of rising income inequality.

World's Billionaire

16 Jan 2017

Eight men own half the world's wealth: Oxfam

Eight men own the same wealth as half the world's population, a level of inequality which "threatens to pull our societies apart", Oxfam said on Monday ahead of the World Economic Forum opening in Davos.

World's wealthiest people

19 Jan 2016

Who are the 62 richest people that own same wealth as half world's population? Have a look

The wealth of the richest 62 people has risen by 44 percent since 2010, while the wealth of the poorest 3.5 billion fell 41 percent.

World's wealthiest people

18 Jan 2016

Richest 62 people own same as half world's population: Oxfam

The wealth of the richest 62 people has risen by 44 percent since 2010.

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