The price of bitcoin, the bestselling cryptocurrency, has shrunk nearly three times this year to mark the fate of such digital assets. Crashing prices, regulatory uncertainty and taxes have put Indian crypto exchanges in troubled waters. Finance Minister Nirmala Sitharaman's budget for FY23 announced a 30 per cent tax on any income from the transfer of virtual digital assets.
Education finance is a complex and dynamic sector. There are too many variables -- the course, the calibre of students, the universities, and the job prospects once the course is over, notes Tamal Bandyopadhyay.
'Even if you fail as an entrepreneur, you can start another business or get a job.'
Former West Indies pacer Ian Bishop said Jasprit Bumrah's career can only be managed by picking and choosing tournaments amid the relentless schedule.
Addressing a joint press conference after a meeting of 26 opposition parties in Bengaluru, Kharge said, "This was a very important meeting to save democracy and the Constitution in the interest of the people of the country."
The Lucknow bench of Allahabad high court has expressed hope that the Centre will take an appropriate decision to ban cow slaughter and declare it as a 'protected national animal'.
According to the 2010 Merrill Lynch-Capgemini World Wealth Report, in India, the number of high net worth individuals (HNWIs) with minimum investable assets of $1 million (around Rs 5 crore) rose to 126,700 by the end of 2009 compared to just 84,000 in 2008.
The London School of Economics professor Danny Quah forecasts that by 2050 the world's economic centre of gravity, a theoretical measure of the focal point of global economic activity based on GDP, will have shifted eastwards, as quoted in the Wealth Report 2012 by Knight Frank & Citi Private Bank.
'The top 11 billionaires in India added so much to their wealth during the pandemic that it would have sustained MNREGA for 10 years or the ministry of health for 10 years.'
India is among the top five Asia Pacific countries in terms of total private wealth held, but at the bottom in terms of per capita income.
Three Indians - Mukesh Ambani, Azim Premji and Dilip Shanghvi - have made it to a global list of 50 wealthiest people that is topped by Bill Gates.
The world's top brands across sectors might lose between $93 billion and $223 billion because of a data breach, a first-of-its-kind study by Interbrand and Infosys, called 'Invisible Tech, Real Impact', has found. This represents 4-9.6 per cent of their cumulative value. The study gains significance in the backdrop of yet another massive hack, this time of Microsoft's email software, which is estimated to have affected at least 60,000 known victims globally, according to Bloomberg. The study found that there is a long-term impact of data breaches on brands across sectors.
World's richest people have a combined wealth of $25.8 trillion.
SoftBank-backed mobility firm Ola, announced expansion of its employee stock options (ESOP) pool to Rs 3000 crore. Ola is also allocating an additional Rs 400 crore worth of stocks to employees in the run up to its IPO. The allocation rewards Ola's high impact employees and will lead to long term wealth creation for them.
Many of these companies have a waiting period from 6-18 months now, indicating a rise in demand.
A contingent of 215 athletes will represent India in 141 events across 19 sporting disciplines.
Twelve days of movie madness and 36 films later, Aseem Chhabra lists his top 10 favourite films from this year's Cannes Film Festival.
Take the Rediff Business Quiz and find what you know about the world's and India's richest people.
M C Mary Kom says she is a shade "nervous" heading into her ninth appearance at the showpiece, not because of the competition that awaits her but the overwhelming expectations at home.
Here's how beginners can follow a very practical approach for finding stocks for long term investing and building a decent portfolio.
'The IB and authorities knew I had given away all my property and had nothing in my name.' 'Even among police officers, they all respected me for this sacrifice which is rare these days.' 'They respected me from this point of view -- in this day and age few individuals live by ideals for the poor.'
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here are around 495,000 multi-millionaires worldwide (as on June 2014).
Had he not taken his final curtain call on April 23, 1992, Satyajit Ray would still, undoubtedly, have been making movies.
In a world where age and form seem to be at odds with each other, these IPL veterans defied expectations wrote their own narratives and left us all marveling at their incredible staying power.
The top four countries account for 60.3% of the total worldwide HNWI population.
US short seller Hindenburg Research has rejected Adani Group's charge that its report was an attack on India, saying a "fraud" cannot be obfuscated by nationalism or a bloated response that ignored response to key allegations. Commenting on the 413-page response Adani Group released late on Sunday evening in response to its report, Hindenburg said it believed India was a vibrant democracy and an emerging superpower with an exciting future and it was Adani Group which was holding it back through "systematic loot". Hindenburg stood by its last week's report that said its two-year investigation found Adani Group "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".
'Krunal is an incredible signing for the club, and I'm delighted to welcome him to Edgbaston'
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Reliance chairman Mukesh Ambani has moved 2 ranks ahead this year on the most powerful list.
According to the study, the ranking is based on net worth figures from Wealth-X, a research firm that provides information on ultra high net worth individuals to private banks and consulting firms.
There is one billionaire for every three million people on the planet.
'India's specific concerns about whether Russia will be a reliable defense supplier and diplomatic partner in the event of heightened hostilities with China has undoubtedly accelerated the process of US-India defense and intelligence cooperation intended to support Indian military positions along the Line of Actual Control.'
Let's take a look at some of the most secretive economies in the world.
If a female user leaves her contact details, her social media handles in her bio or her photos, or she shares it too soon on chat, beware, warns Ravi Mittal, CEO, Quack Quack, an online dating app.
The Congress-led opposition stepped up its attack on Friday against the government over the Adani row and demanded that there should be a thorough investigation into what they alleged was a 'mega scam' as it involved public money.
Strong economic growth has made Asia home to some of the fastest-growing markets in terms of high net worth individuals, occupying five of the top 10 spots globally.
Responding to questions, the World Bank president insisted that this slowdown is temporary.
With hopes of economic recovery gaining momentum, the wealth of high net-worth individuals across the world are likely to touch a whopping $48.5 trillion by the year 2013, a survey says.
Axis Bank's acquisition of Citibank's consumer finance business for Rs 12,325 crore - the second biggest deal in the Indian banking sector - is seen as a good deal at a good price. The acquisition enables Axis Bank to close the gap with competition in some key segments such as credit cards. At the same time, there are some key issues that are crucial for the deal's success, apart from the fact that it will take some time for Axis to reap the full harvest of its investment.
The rumblings of discontent from Righteous Europe over Qatar's admittedly appalling human rights record can only be viewed as deeply disingenuous and phoney, argues Kanika Datta.
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