News for 'New World Wealth'

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.

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

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.

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.

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.

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.

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.'

'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.'

'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.'

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.

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.

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.

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.

British billionaire Ratcliffe takes stake in Manchester United

British billionaire Ratcliffe takes stake in Manchester United

Rediff.com25 Dec 2023

Jim Ratcliffe pledged to invest $300 million in Manchester United to try to revive its fortunes.

Ram ki baat ho gayi, ab...: Uddhav targets Modi

Ram ki baat ho gayi, ab...: Uddhav targets Modi

Rediff.com24 Jan 2024

They say we became 'Congresswasi'. We didn't become 'Bhajapawasi' even after spending 30 years with the BJP. Then how can we become 'Congresswasi'?

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.

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.

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.

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.

'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.

Why I Joined The BJP

Why I Joined The BJP

Rediff.com13 Feb 2024

'It will be the end of the Congress after the Lok Sabha election.' 'Many Congressmen and even Communists will move to the BJP.'

Smith's form isn't a concern: Starc

Smith's form isn't a concern: Starc

Rediff.com26 Sep 2023

Steve Smith might be taking a wee bit more time to adjust to sub-continental tracks but his poor returns in the first two ODIs against India is least of concern for the Australian team management, senior speedster Mitchell Starc said on Tuesday.

How UK became Global Money Laundromat

How UK became Global Money Laundromat

Rediff.com12 Sep 2023

A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.

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

8 Benefits Of Investing In SIPs

8 Benefits Of Investing In SIPs

Rediff.com1 Jun 2023

Embracing the habit of SIPs can pave the way for a financially secure and prosperous future, points out Misbah Baxamusa.

Belgium's Artur Lucas part of Indian hockey's coaching staff

Belgium's Artur Lucas part of Indian hockey's coaching staff

Rediff.com5 Sep 2023

India clubbed with Egypt, Switzerland, Jamaica in inaugural Men's Hockey5s World Cup

Battle Royale in Thiruvananthapuram

Battle Royale in Thiruvananthapuram

Rediff.com12 Apr 2024

The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.

The Blue Revolution: Indian Cricket's Success Story

The Blue Revolution: Indian Cricket's Success Story

Rediff.com30 Nov 2023

It is a tribute to a system so robustly meritocratic that this team represents India's diversity better than any other institution: The Union Cabinet, our chief ministers, the civil services, the leadership of our armed forces and security agencies, the judiciary and more than all of these, our typical newsroom. That is the biggest message from this breathless rise of Indian cricket, asserts Shekhar Gupta.

'Most difficult operation done by any army in the world'

'Most difficult operation done by any army in the world'

Rediff.com18 Apr 2023

'Khalistan would have been in existence today, but for the army.'

'Modi Fatigue Has Set In'

'Modi Fatigue Has Set In'

Rediff.com3 Apr 2024

'Modigate is snowballing into a huge thing with the electorate. The BJP is in for huge punishment by the electorate.'

Rise of the winner-take-all economy

Rise of the winner-take-all economy

Rediff.com21 Jun 2013

Number of people in the world with more than $1 million to invest soared to a record of 12 million in 2012, a 9.2 per cent increase over 2011.

'Hopefully I'll get company' Rai optimistic of Indian team's chances

'Hopefully I'll get company' Rai optimistic of Indian team's chances

Rediff.com21 Sep 2023

India's only Asian Games individual medallist in recurve section, Tarundeep Rai, feels at least one from the men's archery team could win a medal in the Hangzhou edition and end a 13-year-long drought in the continental showpiece.

Why Sahir Ludhianvi Is Relevant Today

Why Sahir Ludhianvi Is Relevant Today

Rediff.com23 Jan 2024

While the country is gripped by Ram Mandir frenzy, Danish Husain -- without shouting from the rooftops -- silently staged his opinion with this play on one of India's best-known poets, observes Neeta Kolhatkar.

India recorded 2nd highest growth in HNI population last year

India recorded 2nd highest growth in HNI population last year

Rediff.com19 Jun 2013

The growth in number of HNWIs in India was attributed to positive trends in equity market capitalisation, gross national income, consumption and real estate.

More billionaires agree to give away wealth

More billionaires agree to give away wealth

Rediff.com10 Dec 2010

Giving People asks its signatories to commit publicly to give away majority of their wealth.