'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.'
The crises of the 21st century, 9/11, the economic meltdown, COVID-19, Russia-Iran war and the Hamas-Israel war seem to be never ending. In this situation, Iran might be contemplating a nuclear deterrent to defend itself, observes Ambassador T P Sreenivasan, the distinguished long-time Rediff contributor who turns 80 on June 17..
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.
'Imagine what the BJP's urges would be if India's electorate awarded it truly brute majorities like the 400 plus seats the prime minister called for in the 2024 general elections?' asks Shyam G Menon.
BSE is among the world's ten largest exchanges in terms of market value, while it is the largest globally for number of firms listed on its platform.
India has been ranked seventh in the list of top 10 wealthiest countries in the world, which was topped by the United States.
Embracing the habit of SIPs can pave the way for a financially secure and prosperous future, points out Misbah Baxamusa.
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.
If you are not already lost in the zeros this wealth stands at Rs 257 lakh crore or Rs 257 trillion, according to a report unveiled by Karvy Private Wealth for the year 2014.
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.
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.
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.
Ambani's wealth jumped $3.59 billion in the past 24 hours, while Adani added $2.96 billion to his net worth.
'Khalistan would have been in existence today, but for the army.'
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.
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.
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.
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.
Could this reluctance be tied to the family's projection of themselves as the last bastion of the aam-aadmi's interests? Do they fear that a full disclosure of their not-inconsiderable assets would go against their carefully-cultivated pro-poor image, wonders Saisuresh Sivaswamy.
A secretive 24-year-old woman tops the list.
Jim Ratcliffe pledged to invest $300 million in Manchester United to try to revive its fortunes.
Australia's discus world champion Dani Samuels will give the Commonwealth Games a miss if security risks become too high but Olympic silver medallist hurdler Sally McLellan said he would travel to India come what may.
One hundred and forty nine new individuals joined the rich list club of 1,103 Indians across 122 cities who cumulatively accumulated a wealth of Rs 100 trillion. Bengaluru -based Kaivalya Vohra, 19, of grocery delivery application Zepto is the youngest self-made and the youngest rich individual, according to IIFL Wealth Hurun India Rich List 2022. The report found 1,103 Indians with a networth of Rs 1,000 crore each - an increase of 62 per cent over five years. There are 221 billionaires (Rs 100 crore networth) in India on the 2022 list - down 16 compared with last year, while 13 people born in the 1990s made it to the list, all self-made.
India clubbed with Egypt, Switzerland, Jamaica in inaugural Men's Hockey5s World Cup
A record-breaking year for the world's billionaires.
With an estimated personal fortune of $15.3 billion, 60-year old Microsoft co-founder Paul Allen is the world's wealthiest bachelor, followed by 79-year old Italian fashion designer Giorgio Armani who has a net worth of $10.9 billion.
'Our study finds that only about 20% of Indians are vegetarians and the rest of the 80% are non-vegetarians or meat-eaters.'
They say we became 'Congresswasi'. We didn't become 'Bhajapawasi' even after spending 30 years with the BJP. Then how can we become 'Congresswasi'?
'There is no scope for any doubt. This was a scheme designed to enrich the ruling party.'
The U.S. still leads the world in number of millionaire households, but maybe not for long -- household wealth is growing fastest in China.
Srichand and Gopichand Hinduja emerged as the 66th richest in the world, as part of an Oxfam study released at the WEF.
Bezos achieved the feat after a 1 per cent pop in the shares of Amazon.com, which accounts for a vast majority of Bezos' wealth.
'God has given me everything -- wealth, success, a good wife and good friends. I wish He gives me good health.'
Scoop seems like they conclude he is but Vaihayasi Pande Daniel recommends that you watch the film to find out for yourselves.
Notwithstanding the current economic uncertainty, Asia has recorded the largest increase in its billionaires club in the world with 18 new billionaires in 2013, making it the fastest-growing region, a report says.
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.
Lionel Messi is optimistic his advisers will be able to sort out his tax problems after he and his father were accused of defrauding the Spanish authorities last month.
On Preity Zinta's 39th birthday on January 31, the actress talks about her hopes and fears, and why she loves films like Jai Ho and Bhaag Milkha Bhaag.
'It will be the end of the Congress after the Lok Sabha election.' 'Many Congressmen and even Communists will move to the BJP.'
The conviction of dentist couple Rajesh and Nupur Talwar in the murder of their 14-year-old daughter Aarushi and domestic servant Hemraj is based on "clinching wealth of circumstances" placed by the Central Bureau of Investigation which had earlier sought closure, citing lack of sufficient evidence.
