News for 'New World Wealth'

MCC Committee recommends at least 3-match Test series

MCC Committee recommends at least 3-match Test series

Rediff.com9 Feb 2024

A minimum of three-match Test series and the home team footing the bill of the visiting side in a bilateral contest are some of the recommendations made by the MCC's World Cricket Committee.

What if 'socialist' and 'secular' go from the Preamble

What if 'socialist' and 'secular' go from the Preamble

Rediff.com14 Mar 2024

It is in circumstances like this that the Constitution becomes extremely important. It reminds us that we have a commitment towards higher human values to fulfil, a path to get back to, suggests Shyam G Menon.Else, we risk being rudderless in an ocean of money and majoritarianism, suggests Shyam G Menon.

'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.

'My Father Loved Poetry And Kashmir'

'My Father Loved Poetry And Kashmir'

Rediff.com16 Jun 2024

To share your Father's Day story (Father's Day will be celebrated on Sunday, June 16), just mail us at getahead@rediff.co.in (subject: Father's Day) along with your name, the place where you live, your father's name and picture and your message about him.

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.

India's maiden critical mineral auctions: Who are the participants?

India's maiden critical mineral auctions: Who are the participants?

Rediff.com27 Jun 2024

India on Monday announced the results for the country's first critical mineral auction. Amid the tepid response from big players, the list of successful bidders included some lesser known names. A total of five companies secured bids for six critical mineral blocks of graphite, manganese, phosphorite, lithium, and rare earth elements with auction premiums ranging from 13.05 per cent to 400 per cent.

If Modi can stop wars, then why is he unable to...: Priyanka

If Modi can stop wars, then why is he unable to...: Priyanka

Rediff.com27 Apr 2024

Targeting Modi over inflation, Priyanka called him a "mehengai" man.

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.

After World crown, Sushil eyes C'wealth gold

After World crown, Sushil eyes C'wealth gold

Rediff.com14 Sep 2010

After breaking an almost six-decade jinx with his gold medal-winning feat at the World Wrestling Championships, wrestler Sushil Kumar has set his eyes on next month's Commonwealth Games, where he believes India can produce about 15 champions.

Amsterdam Is Always A Good Idea

Amsterdam Is Always A Good Idea

Rediff.com19 Jul 2024

The City of Bikes is like no other.

Celebrating 38 Years of 'Gabbar' Magic in Team India

Celebrating 38 Years of 'Gabbar' Magic in Team India

Rediff.com5 Dec 2023

Shikhar Dhawan turns 38

Why wealth is moving out of US

Why wealth is moving out of US

Rediff.com6 Mar 2008

Following the declining dollar, investor nations are buying gold. There is a discernible return to Gold Standard in global trading from the current Dollar Standard.

Interesting facts on India's super-rich club

Interesting facts on India's super-rich club

Rediff.com8 Aug 2014

Just 42,800 people in a country of 1.2 billion admit to earning taxable incomes of Rs 1 crore (Rs 10 million) or more, though India is fast emerging as a top performer in churning out millionaires and multimillionaires.

Indian economy worries? Its billionaire wealth is a stunner!

Indian economy worries? Its billionaire wealth is a stunner!

Rediff.com21 Jan 2015

The report also points out that a larger section of the poor and vulnerable households achieve middle-class status in urban areas in India despite the presence of a large urban informal sector.

Deloitte pegs India's FY25 GDP growth at 6.6%

Deloitte pegs India's FY25 GDP growth at 6.6%

Rediff.com26 Apr 2024

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.

India became home to 1.56 lakh millionaires in 2013!

India became home to 1.56 lakh millionaires in 2013!

Rediff.com20 Jun 2014

The world is home to 1.76 million millionaires with collective net worth of $52.62 trillions.

41% 'red alert' constituencies in Phase 1 of LS polls

41% 'red alert' constituencies in Phase 1 of LS polls

Rediff.com8 Apr 2024

Forty-two of the 102 Lok Sabha seats going to polls in the general election's first phase are constituencies that have three or more candidates facing criminal cases, according to a poll rights body.

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.

The Machine That Saved Tanishq

The Machine That Saved Tanishq

Rediff.com29 Aug 2024

Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.

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.

'Shehzada' vs 'shahidzada': Modi, Cong trade barbs over Rahul

'Shehzada' vs 'shahidzada': Modi, Cong trade barbs over Rahul

Rediff.com4 May 2024

The Congress leader also said that the BJP wants to change the Constitution, and reduce and weaken the rights given to the people through the statute book.

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.

To stop tax evasion, Sebi cracks the whip on offshore wealth managers

To stop tax evasion, Sebi cracks the whip on offshore wealth managers

Rediff.com7 Aug 2015

An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011

Lara on how to save Tests in time of flourishing franchise leagues

Lara on how to save Tests in time of flourishing franchise leagues

Rediff.com9 May 2024

While Lara agreed in principle to the point, he found differences too in the two models.

14 money lessons to create wealth

14 money lessons to create wealth

Rediff.com23 Sep 2016

This is a post that should be read by all those above 23. If you did not read this at 23, then read it now.

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Rediff.com31 Mar 2024

Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.

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.

Can Uday Shankar Recreate At Reliance-Disney What He Did In Star TV?

Can Uday Shankar Recreate At Reliance-Disney What He Did In Star TV?

Rediff.com11 Mar 2024

'The whole narrative will change from TV is dying to TV-plus-digital is the future.'

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.

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.

The Euro 2024 All Stars Team

The Euro 2024 All Stars Team

Rediff.com18 Jul 2024

Shailesh Karkera picks the Best Players at Euro 24.

Pakistan include Sarfaraz, Haider in T20 World Cup squad

Pakistan include Sarfaraz, Haider in T20 World Cup squad

Rediff.com8 Oct 2021

Former spinner Saqlain Mushtaq was named interim head coach following the resignation of Misbah ul-Haq.

Essar Steel goes green; converts waste into wealth

Essar Steel goes green; converts waste into wealth

Rediff.com25 Aug 2008

Essar Steel's 4.6 million tonne per annum (mtpa) at Hazira generates 20-24 per cent slag and less than one per cent dust, both are waste products. Essar Steel uses electric arc furnaces to produce the commodity in its lone domestic steel-making facility at Hazira in Gujarat. It is also setting up additional 4.9 mtpa facility adjoining to the existing plant.

Investor wealth grows a mammoth Rs 32.49 lakh cr in pandemic-hit 2020

Investor wealth grows a mammoth Rs 32.49 lakh cr in pandemic-hit 2020

Rediff.com3 Jan 2021

Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.

'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.'

Rahul Bajaj, World's Favourite Indian

Rahul Bajaj, World's Favourite Indian

Rediff.com12 Apr 2022

'Rahul inspired Indian industry with an ethos, an ethos of being more confident, more independent, more thorough, more competitive, more generous, more public-spirited, and more national and more international all at once,' remembers Naushad Forbes.

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.

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.

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.