India witnessed a 12 per cent year-on-year (YoY) jump in total household wealth last year, at $14,225 billion, according to the Global Wealth Report 2022 by Credit Suisse. The report also forecasts the number of millionaires in the country to more than double from 796,000 in 2021 to 1.6 million in 2026. According to the report, which is based on data for the wealth holdings of 5.3 billion adults across nearly 200 countries, global household wealth rose 9.8 per cent in 2021 to $463.6 trillion, driven by widespread gains in share prices and a favourable environment created by central bank policies in 2020 to lower interest rates but at the cost of inflationary pressure.
It was Spain's first competitive win in Portugal since 1934
Following is reaction to the 2022 FIFA World Cup draw, which was held at the Doha Exhibition and Convention Center in Qatar on Friday.
In Gujarat, the Congress must have felt like the Swiss in Doha. Suffering at the hands of both the BJP and the AAP, they seemed to lack a goalkeeper. In Himachal, although a victory for the Congress, the tenor was more akin to Spain versus Morocco. The underdog triumphed, points out Shyam G Menon.
Iivo Niskanen put on a brilliant display of cross-country skiing to win gold for Finland at the Beijing Games
The stadiums at Qatar offer plenty of wisdom and chutzpah on how to take our own lives forward.
The IOC had also stated that its Executive Board reserves the right to take any further action at any stage of the process depending on how the situation develops.
In hockey, the women's team continued its inspiring run with a silver medal at the Birmingham Commonwealth Games.
He pulled out of the Birmingham CWG (July 28-August 8) just two days before the start of the multi-sport event as he was advised a four-week rest by his medical team. He then underwent rehabilitation in Germany.
Saini was accused of demanding bribes from Christian Michel James, an alleged middleman, to favour the company during field evaluation trials held in 2010, officials said.
Yang responded to the pressure by firing 9.8 to snatch the gold with an Olympic record of 251.8.
The Germans, Swiss and French get ready for Christmas.
A Delhi court on Thursday granted bail to former defence secretary Shashi Kant Sharma in a case related to the AgustaWestland chopper scam.
The marchers -- many wrapped in the red, yellow and blue flag of Tibet and dressed in traditional robes -- chanted and played drums, holding a minute of silence for their "martrys" before starting a "peace march" along Lake Geneva.
The first stop on Serena Williams' farewell tour came to a quick end as she fell to Belinda Bencic in second-round action at the Canadian Open on Wednesday a day after announcing her forthcoming retirement from tennis.
The César Ritz Colleges of Hotel Management offers a wide range of courses.
The IOA elections were due in December last year but could not be held due to amendments in the poll process.
Around 100 competitors were in Germany on Saturday, October 23, for the sporting beards and moustaches contest to find out who had the best whiskers.
The interiors of the tram show pictures of Roger Federer's Grand Slam victories and his last victory at the Swiss Indoors Basel. Also exciting facts about Federer are detailed on the inside of the tram.
Adani Wilmar Ltd (AWL) on Tuesday announced the acquisition of several brands, including the renowned 'Kohinoor' brand from McCormick Switzerland GMBH to strengthen its leadership in food business. The deal size was not disclosed. The acquisition would give AWL exclusive rights over the brand 'Kohinoor' basmati rice along with 'Ready to Cook', 'Ready to Eat' curries and meals portfolio under the Kohinoor brand umbrella in India, the company said in a statement.
A look at the historic achievements by India's athletes in 2022.
Changing some of your lifestyle habits may result in the most rewarding results not only for your bone health, but also your overall health.
Naresh Kumar, who famously mentored a young Leander Paes as India's Davis Cup captain, has passed away.
Alison Riske-Amritraj will be eager to build on that in the land of her in-laws.
Shelly-Ann Fraser-Pryce stormed to victory in the women's 100 metres at the Diamond League final in Zurich on Thursday to claim her fifth win in the season-ending event and American Trayvon Bromell triumphed in the men's race.
Russia has defaulted on the supply of at least 5 cargoes or shiploads of LNG to India after its retaliatory sanctions hit one of the companies that supply gas to India, sources said. India's largest gas firm GAIL has a long-term deal to import 2.85 million tonnes of liquefied natural gas (LNG) per annum from a Singapore-based unit of Russian gas producer Gazprom. The company has since June defaulted on the supply of 5 cargoes of LNG under that contract citing difficulty in sourcing gas due to sanctions, two sources briefed on the matter said.
Having become the first Indian male athlete to qualify for the long jump finals in the World Championships, the Sreeshankar raised hopes of a historic medal in the showpiece event, but his performance in the finals was way below his season's and personal best of 8.36m.
Laxmi Negi/Rediff.com picks five of the best team performances from this round as the tournament heads into its business end.
'Historically, Qatar has done wonders as I don't think this will ever be possible with the new format of the World Cup.'
The India 'A' and 'B' teams registered comprehensive seventh round victories
It follows a similar deal agreed earlier this month between Germany and the Swiss authorities.
The Parliament on Wednesday passed a bill which seeks to provide a statutory framework for the functioning of the National Anti-Doping Agency and the National Dope Testing Laboratory.
Spain forward Ansu Fati became the national team's youngest ever goalscorer as the 17-year-old inspired Luis Enrique's side to a resounding 4-0 win at home to Ukraine in the UEFA Nations League on Sunday.
When you are putting your body through so much, you need to listen to it when it's trying to tell you something, alerts Dr Manan Vora, an orthopaedic surgeon and sports medicine expert.
'Acting is probably the most wonderful profession anyone can have because you make every film set with 200 people, so you make 200 new friends every four months, and you learn so many things from these new lives.'
Halep said she would not recover from a calf injury in time, Wawrinka underwent foot surgery that would rule him out of the Games
Novak Djokovic eased into the last four with a commanding performance over Japan's Kei Nishikori but world number two Daniil Medvedev bowed out of the men's singles at the Tokyo Olympics.
Manchester City continue to boast of the costliest squad among all clubs in Europe's top five leagues, followed by Manchester United, according to a latest study by Switzerland-based independent research group CIES Football Observatory.
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