Bill Gates with an estimated wealth of $86 billion topped the list for the fourth year running.
Michael Bloomberg, who is reportedly considering an independent run at the US presidency, derided xenophobic politicians and said immigration and diversity were good for America
The "Super Tuesday", or March 3 presidential primaries, were held in as many as 15 states including Alabama, Arkansas, California, Colorado, Maine, Massachusetts, Minnesota, North Carolina, Oklahoma, Tennessee, Texas, Utah, Vermont and Virginia. Biden, 77, registered impressive victories in the states of Virginia, North Carolina, Alabama, Oklahoma, Tennessee, Minnesota, Massachusetts and Arkansas, propelling him as the frontrunner in the primaries. However, Sanders, 78, by winning big in the State of California -- which sends 415 pledge delegates -- reflected the fight to win Democratic nomination to challenge Republican incumbent Donald Trump was not over yet.
In spite of Mukesh Ambani, Gautam Adani, the Poonawallas and many other Indians seeing a jump in their net worth in the pandemic-hit 2020, overall wealth of the country's super-rich dipped 4.4 per cent to $12.83 trillion in the year due to the rupee's fall, and so did their tally, says a report. The number of dollar millionaires in India fell from 7,64,000 in 2019 to 6,98,000 solely because of the rupee's fall, while their cumulative wealth stood at $12.833 trillion, down $594 billion or 4.4 per cent from the previous year, according to the report by Credit Suisse Research Institute. The country is home to just 1 per cent of the global rich, whose number rose by 5.2 million to 56.1 million in the COVID-hit year. However, the report expects the number of millionaires in India to soar 81.8 per cent to 1.3 million by 2025.
Apple Inc's suppliers will begin producing larger versions of the iPhone in China next month.
The recent action comes amid the ongoing tension between India and China after the violent standoff on June 15 in Galwan Valley area in eastern Ladakh in which both sides suffered casualties.
Singh was Press Secretary to Vice President-elect Kamala Harris on the Biden-Harris campaign.
He said India has also opened its defence industry 'like never before' and sought investments in the sector.
The life insurer tinkered with its business strategy - raised the share of protection plans and reduced dependency on ULIPs in the past four years.
This year is set to be the third consecutive year when India's share of IPOs has fallen relative to the rest of the world.
Long-term investors should consider moving into smaller stocks. Rather than try to pick stocks, it makes sense to build a diversified portfolio by exposure across midcap and small caps funds, suggests Devangshu Datta.
The account of former US vice-president Joe Biden, who is the current Democratic Party presidential candidate in the November election, was also hacked.
External Affairs Minister S Jaishankar said on Friday that India and China are going through a 'particularly bad patch' in their ties because Beijing has taken a set of actions in violation of agreements for which it still doesn't have a 'credible explanation' and it is for the Chinese leadership to answer where they want to take the bilateral relationship.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'
The increased tax target comes at a time when consumer spending and sales growth are slowing down and most companies are not investing in new capacities.
IndiGo has confirmed the delivery of the next set of 25 ATR-72 jets and will be inducting around 10 planes by the end of this calendar year, making it the largest regional fleet operator in the country.
Its market capitalisation tops those of the 3 largest Indian firms combined
Rising prices of international coal - both coking and thermal - used in the making of ferrous and non-ferrous metals, respectively, are expected to have an impact on margins of metals companies in July-September quarter (Q2) as steel companies may see margins getting eroded, while the base firms could stand to benefit, said brokerages.
Demerging print and TV news businesses will allow for separate investment by interested players.
The heiresses chose to live a low key life, spending much of their time trying to live up to their family's legacy.
In comparison to Nadella, Apple CEO Tim Cook got a pay of $ 15.7 million in 2018 with $ 3 million in salary. Google CEO Sundar Pichai received $ 1.9 million in overall compensation.
Prime Minister Narendra Modi on Tuesday pitched India as the most attractive investment destination for those looking to invest in urbanisation, mobility, innovation and sustainable solutions. Speaking at the Bloomberg New Economy Forum, he said India and some African nations will witness the biggest wave of urbanisation over the next two decades. The post pandemic world has to be rebuilt around people and cities will have to be made more liveable, he said adding post-Covid restart will not be possible without a reset of mindset, process and practices.
New York Mayor Michael Bloomberg and the city's police chief Ray Kelly have said that had the bomb seized and neutralized exploded, it could have had a devastating impact on the city.
In an ad that is currently on air, business news channel Bloomberg UTV takes a dig at a rival channel. The ad shows Bloomberg UTV's anchor simplifying the business terms used by the anchor of a rival channel, who seems to be at great discomfort.
Rajan said the government focussed more on fulfilling its political and social agenda rather than paying attention to the economic growth.
Currently, TCS is India's second most valuable firm after Reliance Industries, which has a market cap of nearly Rs 12.9 trillion.
The PM will make a six-day visit to the United States from September 21 to 27 to attend various events including the annual United Nations General Assembly session in New York and a diaspora event in Houston in Texas in which US President Donald Trump is also participating.
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Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
