News for 'New World Wealth'

Qatar Reprieve Highlights India Diplomacy

Qatar Reprieve Highlights India Diplomacy

Rediff.com26 Feb 2024

The incident remains a reminder of the inherent fragilities of all geopolitical relationships.

Global financial wealth sees $28 trillion loss

Global financial wealth sees $28 trillion loss

Rediff.com8 May 2009

Ever since the credit crunch surfaced in late 2007, there has been a dramatic fall in the prices of financial assets amounting to a total wealth erosion of $28 trillion across the world, economic forecasting consultancy Oxford Economics has said.

Aussie 'Love Triangle' creates ripples at C'wealth Games

Aussie 'Love Triangle' creates ripples at C'wealth Games

Rediff.com2 Aug 2022

Australian swimmers have swept the podium, broken world records, set milestones and won a mountain of medals at the Commonwealth Games pool but all anyone wants to talk about is a supposed 'love triangle' with golden girl Emma McKeon at the centre.

Fiscal deficit below billionaires' wealth in India

Fiscal deficit below billionaires' wealth in India

Rediff.com12 Mar 2009

Besides, India would meet over half of its proposed expenditure for the next fiscal with its billionaires' wealth, while the American billionaires' total wealth would meet only one-third of their country's proposed $3 trillion expenditure in the next financial year.

Time to end tax havens: Richest 1% own 58% of India's total wealth

Time to end tax havens: Richest 1% own 58% of India's total wealth

Rediff.com16 Jan 2017

Globally, just 8 billionaires have same amount of wealth as the poorest 50% of the world population.

Why rich Indians are heading for greener pastures

Why rich Indians are heading for greener pastures

Rediff.com24 Jul 2023

More Indians renounced their citizenship and took citizenship in other countries in 2022 than ever before, according to data. Answering multiple questions in Parliament - the last on March 31 this year - Minister of State for External Affairs V Muraleedharan told the Lok Sabha that more than 200,000 Indians gave up Indian citizenship in 2022. The question was asked by Congress Members of Parliament Kodikunnil Suresh and M K Raghavan, and All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi.

Bastar: The Naxal Story Review: Bizarre

Bastar: The Naxal Story Review: Bizarre

Rediff.com15 Mar 2024

The Naxal movement has such a complex history that several books have been written to understand it. Bastar: The Naxal Story seeks to reduce it to bullet points and stereotypes, observes Deepa Gahlot.

Luxury carmaker Lamborghini's Revuelto sold out in India, globally for 2024

Luxury carmaker Lamborghini's Revuelto sold out in India, globally for 2024

Rediff.com7 Dec 2023

Luxury carmaker Lamborghini has announced that its hybrid super sports car, Revuelto, is sold out in India and globally for 2024. The strong demand for the Revuelto is driven by a growing number of new customers, including a 20 per cent increase in first-time buyers in India. Lamborghini is also evaluating the possibility of opening new dealerships in smaller towns in eastern and southern India within the next one to two years.

Modi's Approach To Election Is Intriguing

Modi's Approach To Election Is Intriguing

Rediff.com8 May 2024

The big surprise is that Narendra Modi, the greatest conjurer in our national politics, has not yet presented a theme to this election, observes Shekhar Gupta.

After Russia, India most 'unequal' country globally

After Russia, India most 'unequal' country globally

Rediff.com4 Sep 2016

On the other hand, Japan is considered to be the most equal country

Anil Agarwal pledges 75% of his wealth to charity

Anil Agarwal pledges 75% of his wealth to charity

Rediff.com27 Sep 2014

This makes him corporate India's biggest donor to society.

1% Chinese own 1/3rd of national wealth

1% Chinese own 1/3rd of national wealth

Rediff.com26 Jul 2014

Chinese households on average had a net worth of 439,000 yuan (about $71,000) in 2012, up 17 per cent from the 2010 level, said the study by Peking University on China's livelihood development.

Adani Lost Rs 3,000 Crore A Week In 2023

Adani Lost Rs 3,000 Crore A Week In 2023

Rediff.com31 Mar 2023

The combined market-cap of all listed Adani group firms has plunged nearly Rs 7.11 trillion since January 24 when the Hindenburg report was made public.

How Qatar is maintaining stadiums for FIFA World Cup

How Qatar is maintaining stadiums for FIFA World Cup

Rediff.com22 Feb 2022

Preparing turf for the World Cup, being held for the first time in the Middle East, is environmentally costly. Qatar has also countered the risk of fungus and disease outbreaks with a maintenance regime involving chemical cocktails, grass mowers that vacuum debris and an underground system that sucks excess moisture, said a UEFA pitch consultant.

2023's Best Performers On OTT

2023's Best Performers On OTT

Rediff.com30 Dec 2023

While some of them, like Sushmita Sen (Aarya 3) and Kajol (Lust Stories 2) disappointed Subhash K Jha, he picks his favourite performances from the world of OTT.

Before You Invest ESG Funds, Read This

Before You Invest ESG Funds, Read This

Rediff.com19 Mar 2024

An allocation to ESG theme funds can bring down the overall risk of an equity portfolio. Investors with long-term financial goals, such as retirement, should not ignore sustainable investing.

Their wealth exceeds GDP of 140 nations!

Their wealth exceeds GDP of 140 nations!

Rediff.com2 Oct 2009

The collective wealth of the richie-rich club has, however, declined from $1.57 trillion.

Average wealth of an Indian triples to Rs 270,000

Average wealth of an Indian triples to Rs 270,000

Rediff.com20 Oct 2011

Still, the average wealth for Indians was way below the global average of $51,000.

HNIs' wealth to double to Rs 144 lakh cr

HNIs' wealth to double to Rs 144 lakh cr

Rediff.com23 Sep 2010

Wealth held by individuals in the country is likely to double from the present Rs 73-lakh-crore to Rs 144 lakh crore over the next three years, according to a report.

Furious McEnroe says 'PGA were total hypocrites'

Furious McEnroe says 'PGA were total hypocrites'

Rediff.com29 Jun 2023

Australian Open chief Craig Tiley believes any Saudi Arabian investment in tennis would not have the same impact as in golf.

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

India The Next Big Travel Market

India The Next Big Travel Market

Rediff.com19 Dec 2023

In outbound travel, India will be ahead of Italy, South Korea, Australia, Canada and France.

Sitharaman's pre-election budget shuns populism, boosts infra spend

Sitharaman's pre-election budget shuns populism, boosts infra spend

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.

Investors' wealth crosses Rs 100 trillion

Investors' wealth crosses Rs 100 trillion

Rediff.com4 Dec 2014

Creating history, leading exchange BSE on Wednesday peaked above Rs 100-trillion mark to scale a new record in terms of market wealth of all listed firms.

Investor wealth plunges Rs 2.55 lakh cr as stocks crash

Investor wealth plunges Rs 2.55 lakh cr as stocks crash

Rediff.com3 Sep 2019

From the 30-share basket, 28 scrips suffered losses. Over 200 stocks were at their 52-week low in Tuesday's trade.

'Electoral Bonds Biggest Scam In India'

'Electoral Bonds Biggest Scam In India'

Rediff.com10 Apr 2024

'There is no scope for any doubt. This was a scheme designed to enrich the ruling party.'

'Caste Won't Disappear From India'

'Caste Won't Disappear From India'

Rediff.com7 Sep 2023

'In India those who want change cannot bring about change, and those who can bring about change do not want change.'

BSE-listed firms' m-cap touch record high of Rs 337.67 lakh crore

BSE-listed firms' m-cap touch record high of Rs 337.67 lakh crore

Rediff.com1 Dec 2023

The combined market capitalisation of BSE-listed companies hit an all-time high of Rs 337.67 lakh crore ($4 trillion) on Friday amid a rally in equities, mainly on account of favourable macroeconomic data and continuous foreign fund inflows. Rising for the fourth straight day, the 30-share BSE Sensex jumped 492.75 points or 0.74 per cent to settle at 67,481.19 points. During the day, it rallied 575.89 points or 0.85 per cent to 67,564.33 points.

Sisterhood put aside as India thump Pakistan at C'wealth Games

Sisterhood put aside as India thump Pakistan at C'wealth Games

Rediff.com1 Aug 2022

While the India and Pakistan rivalry is centred around men's cricket, the women fully understand its significance and their increasing role in it.

Ranji legend Amol Muzumdar is coach of Indian women's team

Ranji legend Amol Muzumdar is coach of Indian women's team

Rediff.com25 Oct 2023

'This is a huge responsibility and I look forward to working closely with talented players and providing them with the right preparation and guidance to excel.'

Will 2024 be a happy year for equity investors?

Will 2024 be a happy year for equity investors?

Rediff.com31 Dec 2023

tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with a slew of local and global cues -- varying from interest rates to Lok Sabha polls to geopolitical happenings. Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices -- Sensex and Nifty -- could climb up to 7 per cent. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent.

Scoop: Was Prince Andrew Really Guilty?

Scoop: Was Prince Andrew Really Guilty?

Rediff.com17 Apr 2024

Scoop seems like they conclude he is but Vaihayasi Pande Daniel recommends that you watch the film to find out for yourselves.

Stock market wealth crashes below Rs 100,000,000,000,000

Stock market wealth crashes below Rs 100,000,000,000,000

Rediff.com24 Aug 2015

BSE is among the world's ten largest exchanges in terms of market value

'India Is A Meat-Eating Country'

'India Is A Meat-Eating Country'

Rediff.com23 Feb 2024

'Our study finds that only about 20% of Indians are vegetarians and the rest of the 80% are non-vegetarians or meat-eaters.'

'Profiting from Pain': Covid created new billionaire every 30 hrs

'Profiting from Pain': Covid created new billionaire every 30 hrs

Rediff.com23 May 2022

Releasing a report titled 'Profiting from Pain' in Davos, the rights group further said as the cost of essential goods rises faster than it has in decades, billionaires in the food and energy sectors are increasing their fortunes by $1 billion every two days.

Investors, Don't Put All Eggs In 1 Basket. DIVERSIFY!

Investors, Don't Put All Eggs In 1 Basket. DIVERSIFY!

Rediff.com29 Nov 2023

If you spread your investments and get exposure to many asset classes, then that is called diversification. Asset allocation is the process of allocating your money to different investments. And they offer tremendous advantages, says Rishi Piparaiya.

Blackstone sells entire 23.5% stake in Embassy REIT for Rs 7,100 crore

Blackstone sells entire 23.5% stake in Embassy REIT for Rs 7,100 crore

Rediff.com20 Dec 2023

Global investment firm Blackstone on Wednesday sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around Rs 7,100 crore, according to sources. Embassy Office Parks REIT is India's first Real Estate Investment Trust (REIT) sponsored by Blackstone and Bengaluru-based realty firm Embassy group. Blackstone sold its stake in the entity at around Rs 316 per share through open market transactions and at this price, the deal is valued at about Rs 7,100 crore, the sources said.

Withdrawal Of Debt LTCG Benefits Will Affect Investors

Withdrawal Of Debt LTCG Benefits Will Affect Investors

Rediff.com14 Apr 2023

The government's step could push investors to choose riskier equity, or to fall back on bank deposits, thereby negatively impacting the debt market which actually needs to grow, points out T N Ninan.

Can India end 15-year wait for T20 World Cup title?

Can India end 15-year wait for T20 World Cup title?

Rediff.com21 Oct 2022

There is only ever one aim for India in World Cups, to win, and T20 World Cup 2022 is no different.