The bull run in the Indian equity markets is intact, said analysts at Morgan Stanley in a recent note. They expect the S&P BSE Sensex to hit 80,000 levels by December 2023 in their bull-case scenario, to which they have assigned a 30 per cent probability. From the current level, this translates into an upside of nearly 29 per cent.
West Bengal Chief Minister Mamata Banerjee on Thursday said there is no alternative to the Trinamool Congress, and no other party can take its place in the state.
Meanwhile, family businesses in India still see banks as their chief source of funding as nine out of 10 respondents were upbeat about bank financing.
Let's take a look at cities that are favourite of world's wealthiest.
'It's time we stop thinking only about ourselves.' 'Whether it is love or wealth, give generously.'
The recession triggered unemployment, which rose to all-time highs in the US and around the world. Markets felt the ripples of the meltdown wiping off trillions of dollars of investor wealth.
Rich and powerful see New York and London as the leading business hubs over the next 10 years, but emerging nation centres are catching up.
The 24 year old made the new ball swing both ways and the CSK batters had a hard time guessing which way the ball would move.
The US president's remarks elicited laughter from the world leaders gathered in the UN General Assembly hall for the General Debate.
In our mystery the watchdog agencies are silent, but it is the market that has barked and has not stopped barking. Till such time as it continues to do so, this headache will not go away, notes Aakar Patel.
The net worth of India's richest man, Mukesh Ambani, dropped 28 per cent, or USD 300 million a day for two months to USD 48 billion as on March 31 due to the massive correction in stock markets, a report said on Monday. The chairman and managing director of the diversified Reliance Industries saw his wealth decline by USD 19 billion (app Rs 144,400 crores) in the February-March period, taking his global ranking down eight places to 17th, the Hurun Global Rich List said.
The survey noted that the highest growth rates for gross domestic product were recorded by China (10.7 per cent) and Taiwan (9.1 per cent).
Let's take a look at the 30 richest businesspeople.
'To set up a successful business, one must have a solution to an existing problem or a better way of addressing the current solution.'
Australians are the most prosperous people in the world, enjoying good health, freedom of choice, political liberty, civil rights and high income, a new study has revealed.
How should one billion Indians, for whom deprivation has become an inescapable way of life, join us in celebrating 75 years of Independence? And where do we go from here? asks Kalyan Singhal.
Two seconds of Kajol and Shah Rukh Khan in Kuch Kuch Hota Hai pack in more chemistry than two hours and 44 minutes of Ranbir and Shraddha's romance in Tu Jhoothi Main Makkaar, feels Sukanya Verma.
The two-part docuseries, created by filmmaker Neeraj Panday, is not only informative but also engaging, feels Namrata Thakker.
The total market valuation of all BSE-listed firms on Thursday regained the Rs 100-trillion mark as the benchmark Sensex climbed over 600 points after the RBI surprisingly cut interest rate by 25 basis points.
The Porsche 911 RS is fast becoming a collector's item among India's high net worth individuals.
The world's richest people have become poorer.
Bharat Arun was the bowling coach of the Indian team under Ravi Shastri.
If you are planning a vacation, choose from these most clicked on destinations.
India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.
India is poorer than the world average and so naturally has a greater percentage of poor people and a lower percentage of rich people. Yet using absolute numbers, India has more of almost everything, which is misleading, says Debraj Ray and Maitreesh Ghatak.
More than 90 per cent of India's population belongs to the base tier (less than $10,000, or about Rs 730,000) when it comes to the distribution of wealth.
It's been a tough year for the richest people in the world. Last year there were 1,125 billionaires. This year there are just 793 people rich enough to make our list.
At 12 years, seven months and 17 days, Dommaraju Gukesh is the second youngest Grandmaster of all time.
Proceedings in both Lok Sabha and Rajya Sabha were disrupted as Opposition members raised slogans demanding a discussion and a Joint Parliamentary Committee (JPC) probe into the fraud-allegation-triggered rout.
Reliance Industries chairman Mukesh Ambani has overtaken NRI steel tycoon Lakshmi Mittal to become the richest Indian in the world. Ambani's net worth has soared past $50 billion.
So far the government has been silent on the charges being levelled, even after the stock price rout. Perhaps it is hoping for the share price to settle so that the matter goes away, predicts Aakar Patel.
'Thankfully, most investors in India have now seen through this false narrative and are once again deploying their hard-earned money.
"The ebbs and flows of the game made it such a good one for the spectators. It was just unfortunate we came out on the other side of it."
Khan also said Pakistan has decided to partner any other country only for peace and named the partnership with the US as the one.
It's the first time in my memory that I have seen a negative expected return for equities, notes Akash Prakash. Hopefully, this implies the consensus is being too negative, and markets, as usual, will surprise everyone and deliver the least likely outcome.
Indian HNWIs move to the UAE, the UK, the US and Australia.
Gold prices are struggling and are down 18 per cent from their March highs. But stock prices have fallen even more. As a result, the precious metal has begun to outperform equities - both in the domestic market and international markets. Gold prices are up 2.6 per cent in the domestic market in the current calendar year (CY22) so far, according to the World Gold Council (WGC), compared to a 1.7 per cent decline in the Sensex year-to-date (YTD).
Lamborghini is focusing on bringing its new car models to India faster after the global launch of its Huracn Tecnica, its country head Sharad Agarwal said on Thursday, adding there is a lot more scope for the company to expand in tier I and II cities. "Typically, in the premium and luxury car segments, there is a lag of six to 18 months between a global launch and India launch," he said in an interview to Business Standard. The Italian carmaker launched the two-seater track-focused performance car - the Huracn Tecnica - here on Thursday four months after its global unveiling.
Few lessons world leaders can learn from Tim Cook.
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