News for 'New World Wealth'

Narang misses 10m air rifle C'wealth Games berth

Narang misses 10m air rifle C'wealth Games berth

Rediff.com25 Apr 2014

Olympic gold medallist Abhinav Bindra made the cut, but London Games bronze winner Gagan Narang failed to qualify in the 10-metre air rifle event for the upcoming Commonwealth Games.

Mukesh Ambani is now 9th richest man in the world

Mukesh Ambani is now 9th richest man in the world

Rediff.com20 Jun 2020

With RIL's market capitalisation crossing the Rs 11-trillion mark on Friday, Ambani is ahead of Google co-founders Larry Page and Sergey Brin, the 10th and 11th richest, respectively, and behind Zara founder Amancio Ortega on the Forbes Real-time Billionaires List.

EVs to drive auto capex up by Rs 70,630 crore in 5 years

EVs to drive auto capex up by Rs 70,630 crore in 5 years

Rediff.com13 Jun 2022

Automobile manufacturers, new and old, as well as ancillary suppliers are set to spend a combined Rs 70,630 crore over the next five years on either entering the electric vehicle segment or stepping up their presence in it. Data culled from announcements made by firms shows India, the world's fifth largest automobile market, is poised to receive one of the biggest capex pushes ever to fuel the transition from internal combustion engines to electric motors and batteries as part of a green drive. The EV push, egged on by the government's emphasis on electric mobility to meet its net zero targets, is expected to yield at least 25 electric vehicles - new ones as well as electrified versions of existing vehicles running on internal combustion engines.

World's first diamond trading exchange going live from today

World's first diamond trading exchange going live from today

Rediff.com5 May 2016

This could change the way diamonds are traded.

Starving One Ukraine to Defeat Another

Starving One Ukraine to Defeat Another

Rediff.com2 Aug 2022

If they can sit together and hammer out 'Black Sea Initiative' deal for much needed food shipments, surely, they should be able to address the madness of the larger military conflict?

'Amitabh is not just a legend, he is a feeling'

'Amitabh is not just a legend, he is a feeling'

Rediff.com11 Oct 2022

'There will be artists and megastars and celluloid masters in Indian Cinema but there will never be another AMITABH BACHCHAN.'

India is the 125th happiest country in the world

India is the 125th happiest country in the world

Rediff.com28 Jul 2006

Denmark is the happiest country in the world.

BSE m-cap crosses historic Rs 200 lakh cr mark

BSE m-cap crosses historic Rs 200 lakh cr mark

Rediff.com4 Feb 2021

The market capitalisation of BSE-listed companies on Thursday crossed the historic Rs 200 lakh crore mark for the first time, driven by a continuous rally in the broader market. Riding high on the bullish investor sentiment, the market capitalisation of BSE-listed companies reached a record Rs 2,00,47,191.31 crore at close of trade. The 30-share BSE index closed the day with a gain of 358.54 points or 0.71 per cent at its lifetime peak of 50,614.29. This is the fourth consecutive day of gains for the markets.

'Strong American pressure to introduce GM mustard'

'Strong American pressure to introduce GM mustard'

Rediff.com14 Feb 2023

'The RSS has opposed the introduction of GM Mustard tooth and nail, but PM Modi does not give a hoot for what they think.'

How India's family offices are striking out on their own in start-up land

How India's family offices are striking out on their own in start-up land

Rediff.com27 Dec 2021

Family offices are increasingly looking to invest directly in start-ups rather than through investment in venture capital (VC) firms. The shift is happening because of multiple reasons. Next-generation scions of wealthy families are conversant with how the start-up world works after they have spent time in Silicon Valley; start-up investment is rising to 10-15 per cent of family offices' portfolios from single digits; and they do not want to share gains of investment with VC firms. "While earlier they would prefer to invest in this asset class via venture capital (VC) funds as LPs (limited partners), now they are making direct investment in start-ups.

Byju's COO Mrinal Mohit may head India ops as Raveendran focuses on global

Byju's COO Mrinal Mohit may head India ops as Raveendran focuses on global

Rediff.com31 May 2022

Byju's is set to promote its chief operating officer (COO) Mrinal Mohit to a bigger role, including leading the India operations, according to people familiar with the matter. This is because Byju Raveendran, founder and chief executive officer (CEO) of the edtech giant - which is valued at $22 billion - is planning to focus on global expansion and acquisitions. Among the global regions, Raveendran may look at markets such as the US and the Middle East.

'Cyrus Mistry never threw his weight around'

'Cyrus Mistry never threw his weight around'

Rediff.com5 Sep 2022

'Not many know that Ratan Tata became chairman of Tata Sons because of Cyrus's father Pallonji Mistry. But he (Cyrus) never used it or leveraged it to his benefit.'

Battle lines in Indian politics have been drawn

Battle lines in Indian politics have been drawn

Rediff.com3 Mar 2021

Not all change is good, but this one is, applauds Shekhar Gupta.

Rs 100 lakh crores will be invested in infrastructure: PM in I-Day speech

Rs 100 lakh crores will be invested in infrastructure: PM in I-Day speech

Rediff.com15 Aug 2019

The prime minister sought to allay slowdown concerns saying the fundamentals of the economy are strong, with low inflation and a potential to boost exports.

Full Text: President Murmu's address to nation on Independence Day eve

Full Text: President Murmu's address to nation on Independence Day eve

Rediff.com14 Aug 2022

Here's the full text of the maiden address to the nation by President Droupadi Murmu on the eve of Independence Day 2022.

'The world wants you to be completely beaten in bankruptcy'

'The world wants you to be completely beaten in bankruptcy'

Rediff.com5 Aug 2019

'What Siddhartha's life teaches us is something very true about life; that life is a circle, and what goes up will come down. What is on top today will come down tomorrow, and what is down will go back to the top.'

Mutual Funds' Rs 100 Trillion Opportunity

Mutual Funds' Rs 100 Trillion Opportunity

Rediff.com23 Mar 2023

Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.

D-Mart owner Radhakishan Damani enters top 100 global billionaires' club

D-Mart owner Radhakishan Damani enters top 100 global billionaires' club

Rediff.com19 Aug 2021

Radhakishan S Damani, investor and promoter of the D-Mart supermarket chain, has broken into the elite club of the top 100 global billionaires. Damani, who grew up in a single-room apartment in Mumbai, is now ranked 98th on the Bloomberg Billionaires Index with $19.2 billion as his net worth. The index is a daily ranking of the world's richest people. The other Indians on the top 100 rich list ahead of Damani are Mukesh Ambani, Gautam Adani, Azim Premji, Shiv Nadar, and Lakshmi Mittal.

Avenge Lakhimpur through votes: Jayant Chaudhary

Avenge Lakhimpur through votes: Jayant Chaudhary

Rediff.com11 Oct 2021

Chaudhary also announced that if his party is voted into power in Uttar Pradesh, high court benches will be set up in western Uttar Pradesh, Bundelkhand and Purvanchal areas of the state.

Britain's new King believes in Yoga, Ayurveda

Britain's new King believes in Yoga, Ayurveda

Rediff.com9 Sep 2022

King Charles III, Britain's new monarch who ascended to the throne on the death of his mother Queen Elizabeth II, has a strong connection with India and its age-old traditions of Yoga and Ayurveda.

'One must be mindful of stock-picking'

'One must be mindful of stock-picking'

Rediff.com27 Sep 2022

'It will be best for investors to have a systematic investment plan in mid-cap and small-cap funds with a three-/five-year horizon.'

Chinese New Year: Meet The Year of the Rabbit Celebs

Chinese New Year: Meet The Year of the Rabbit Celebs

Rediff.com23 Jan 2023

The Year of the Rabbit, according to the Chinese calendar, began on Sunday, January 22.

BJP's Big Problem: No economic thinkers

BJP's Big Problem: No economic thinkers

Rediff.com26 Jul 2019

'How do you deliver wealth when you don't have the slightest idea about it?' asks T C A Srinivasa Raghavan.

Unmukt Chand first Indian to join Melbourne Renegades

Unmukt Chand first Indian to join Melbourne Renegades

Rediff.com4 Nov 2021

Former U-19 World Cup-winning captain Unmukt Chand is set to become the first Indian cricketer to play in Australia's Big Bash League after he signed for Melbourne Renegades for the 2021-2022 season.

Ambani says will provide tech for COVID-19 vaccination drive

Ambani says will provide tech for COVID-19 vaccination drive

Rediff.com15 Dec 2020

As India gets ready to roll out one of the largest vaccine programmes, billionaire Mukesh Ambani on Tuesday said his group is working with authorities to provide technology tools and backbone for mass inoculation against COVID-19. Ambani's telecom venture Jio was rolled out four years back, offering free voice calling and dirt-cheap data. Today, Jio is India's largest telecom operator with over 400 million users, each connected to the internet. At a Facebook event, Ambani said the government's digital push kept the country running even during the pandemic and is now helping in the rollout of one of the largest vaccination programmes.

10% of billionaires' wealth can erase deficit

10% of billionaires' wealth can erase deficit

Rediff.com6 Mar 2008

With the Forbes' richest people list out and 4 Indians featuring in it, it has been calculated that a mere 10 per cent of their net worth can erase our national deficit

Ek Villain Returns Review

Ek Villain Returns Review

Rediff.com29 Jul 2022

Sukanya Verma had multiple migraines making sense of the utterly daft, warped and awful Ek Villain Returns.

Should India create a Sovereign Wealth Fund?

Should India create a Sovereign Wealth Fund?

Rediff.com10 Nov 2007

India's reserves have been skyrocketing, reaching $ 260 billion as of end October 2007. This makes India the fifth largest holder of reserves in the world. Without the sustained appreciation of the rupee, the buildup of reserves would have been even larger.

For the markets it's indeed Friday the 13th!

For the markets it's indeed Friday the 13th!

Rediff.com13 Mar 2020

Market selloff erodes nearly Rs 12 lakh crore of investor wealth. On the BSE, 1,279 scrips declined, while 193 advanced and 40 remained unchanged.

Why the world books a holiday in Bhutan

Why the world books a holiday in Bhutan

Rediff.com11 Nov 2016

Claude Arpi, who spent 10 days in the Land of the Dragon, tells us how Bhutan is different from the rest of the world.

American Hegemony is On the Line

American Hegemony is On the Line

Rediff.com31 Aug 2021

The ineptness of successive American presidents, from Bush the Younger to Joe Biden the Old, combined with the cluelessness that Americans demonstrate in foreign lands, contrasts with the Chinese leadership's seemingly singular focus on the accumulation of wealth and power, asserts T N Ninan.

Qatar interested in hosting 2032 Olympic Games

Qatar interested in hosting 2032 Olympic Games

Rediff.com27 Jul 2020

It has invested billions of dollars in preparing for the 2022 soccer World Cup. However, human rights groups have criticised the treatment of migrant workers.

Freebies: Nothing Called A Free Lunch

Freebies: Nothing Called A Free Lunch

Rediff.com28 Oct 2022

To help the country emerge as a true welfare State, political parties must put the country's interests first before strategising to win elections and short-term goals, argues Ramesh Menon.

Economic crisis chokes world's biggest economies

Economic crisis chokes world's biggest economies

Rediff.com13 Jan 2016

The world seems to have caught severe pneumonia, or worse, as China had flu.

C'wealth Youth Games: Lifter Deru, high jumper Shankar win gold

C'wealth Youth Games: Lifter Deru, high jumper Shankar win gold

Rediff.com7 Sep 2015

Delhi boy Tejaswin Shankar produced a record-shattering performance as Indians struck two gold and a silver medal to launch their Commonwealth Youth Games campaign on a rousing note in Apia, Samoa, on Monday.

Vijender leads Indian charge at C'wealth Boxing

Vijender leads Indian charge at C'wealth Boxing

Rediff.com18 Mar 2010

World number one Vijender Singh (75kg) fought through a bleeding nose to clinch his first international gold medal in two years as Indian pugilists made a clean sweep in the finals to win the overall team title at the fifth Commonwealth Boxing Championships in New Delhi.

Govt wants to throttle Oppn's voice, says Congress on MPs' suspension

Govt wants to throttle Oppn's voice, says Congress on MPs' suspension

Rediff.com25 Jul 2022

The Congress on Monday described as a "blot on democracy" the suspension of its four MPs for the rest of the monsoon session for disrupting proceedings in the Lok Sabha, alleging the government was trying to "intimidate" the party but it would not be cowed down.

Year 2050: World's top 10 economies

Year 2050: World's top 10 economies

Rediff.com30 Mar 2012

While there is little doubt that the emerging economies present the best chances for economic growth, not all countries will prosper at the same rate, says the Wealth Report 2012 by Knight Frank & Citi Private Bank.

Indian lifters leave for C'wealth C'ships

Indian lifters leave for C'wealth C'ships

Rediff.com19 Oct 2009

A 29-member Indian squad on Monday left for Malaysia to take part in the Commonwealth Senior and Junior Weightlifting Championships in the backdrop of a series of dope flunks which left the national federation with the prospect of being banned internationally.