News for 'New World Wealth'

Will Rishi Sunak create history in his second comeback for PM race?

Will Rishi Sunak create history in his second comeback for PM race?

Rediff.com23 Oct 2022

While Sunak has maintained a dignified silence over the recent crisis, his supporters have not lost any opportunity to point out how the former finance minister had got the economic forecasts right.

'Vedas do not refer to anything called Hinduism'

'Vedas do not refer to anything called Hinduism'

Rediff.com16 Mar 2023

'They were certainly not practising Hinduism in the Harappan culture (which includes Mohenjo Daro and other sites).' 'There was no notion of Hinduism then.'

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.

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.

Xi Jinping: A princeling turned China's Mao 2.0

Xi Jinping: A princeling turned China's Mao 2.0

Rediff.com23 Oct 2022

Xi's ascent to power and the quick consolidation of his leadership of the party with a shock anti-graft campaign securing the title of the "core leader" of the party bequeathed only to Mao has indeed forced his rivals in the party to submission and caught the attention of the world.

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.

'Partition is a massive part of our history'

'Partition is a massive part of our history'

Rediff.com24 Mar 2023

'Partition was a two-sided story in a very big way.' 'We've oversimplified it, blamed the British, thought of ourselves only as victims.' 'We've been both victims and perpetrators.'

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.

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.

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?

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.

'I knew my film would not have a hero or villain'

'I knew my film would not have a hero or villain'

Rediff.com6 Mar 2023

'Rakesh's life is hard, but he knows how to find joy.' 'He doesn't think his life's value comes from money. He sees no shame in his poverty.'

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.

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.

'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.'

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.

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.

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.

'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.'

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.

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.

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.

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.

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.

4,000 Indian millionaires shifted overseas in 2015

4,000 Indian millionaires shifted overseas in 2015

Rediff.com30 Mar 2016

The report however noted that the migration of super rich from China and India is not a "concern".

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.

'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.'

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.

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.

Jangra ousts Mary Kom for berth in C'wealth Games squad

Jangra ousts Mary Kom for berth in C'wealth Games squad

Rediff.com23 May 2014

In a stunning turn of events, five-time World champion and Olympic bronze-medallist M C Mary Kom was left out of the three-member Indian women's boxing squad for the Commonwealth Games, in Glasgow, from July 23 to August 3.

'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.'

Rising inequality is a concern: Manmohan

Rising inequality is a concern: Manmohan

Rediff.com24 Jun 2019

"India is a welfare state and, therefore, we cannot allow either extreme poverty or inequality," he said.

Premji, Nadar among world's richest tech tycoons

Premji, Nadar among world's richest tech tycoons

Rediff.com12 Aug 2015

Premji is ranked 13th on Forbes' first ever list of '100 Richest People In Tech', followed by Nadar on the 14th spot.

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.

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.

The world lights up for Diwali

The world lights up for Diwali

Rediff.com30 Oct 2016

It's time for colours, lights and celebrations - Diwali is here! In these photos, see celebrations from Gujarat to London to Colombo.

2nd home in London, NY: Latest fad among wealthy Indians

2nd home in London, NY: Latest fad among wealthy Indians

Rediff.com9 Sep 2014

According to a report by New World Wealth, the bulk of London's second home buyers come from the rest of the UK and Europe and a substantial number also came from China, India, Russia and West Asia.

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.

Adlington owes C'wealth gold to pasta and pizza

Adlington owes C'wealth gold to pasta and pizza

Rediff.com8 Oct 2010

World record-holder Rebecca Adlington credited pasta and pizza for her return to form with a gold medal in the Commonwealth Games women's 800 metres freestyle on Thursday.