The Credit Suisse report has estimated the middle class on the basis of their wealth rather than their income, says Prachi Salve ' IndiaSpend.
The bizarre challenge started in China but has followers all over the world.
Prime Minister Narendra Modi on Friday called for developing a template by the Shanghai Cooperation Organisation (SCO) to effectively deal with the challenges of extremism and radicalisation.
The wealth of India's middle class has grown by 150 per cent since 2000 to $780 billion.
Coach Darren Lehmann gave Australia a mark of '7.5' out of 10 for a year in which they won the World Cup but lost the Ashes, the series most prized by home fans.
As per RDIF, Sputnik V has a number of key advantages, including that there are no strong allergies caused by Sputnik V.
The world's richest are getting richer despite the economic crisis.
IPL had already been postponed to April 15, is on the verge of cancellation with the country in a 21-day national lockdown. MS Dhoni's childhood coach Keshav Ranjan Banerjee remains hopeful that the ageing cricketing hero will find a place in India's T20 World Cup.
'In the business of money, where you are regulated, the liability lies on the head of the acquirer.' 'It is not a good thing when you cannot spot the risks.'
Supposed to be one of the top-paid stars in Tamil cinema, actor Vijay is known for his big-ticket hits and commands good box-office opening.
Alibaba founder and executive chairman Jack Ma is this year's biggest financial gainer as the billionaire entrepreneur's fortune has swelled by a whopping $18.5 billion this year to $29.2 billion.
Bitter defeat for Belgium in the World Cup semi-final is tempered by the fact that influential squad members will likely still be around in two years' time for the European Championship where they will have another realistic chance at a major title.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries
Technology infrastructure solves many problems, but it cannot build roads or bridges and provide clean water. However, such activities are essential for human progress, and their creation provides jobs, says R Gopalakrishnan.
'The regime -- and particularly the home ministry under Amit Shah -- have sought to suppress and destroy these struggles through intimidation, bullying, threats, through false cases, arrests, custodial torture, the use of draconian laws like the UAPA.'
Sanjeev Nayyar offers a roster of things to do to see the India of our dreams.
The government did not tell us why our economy had imploded. The prime minister simply stopped speaking on the subject, asserts Aakar Patel.
Subhash K Jha celebrates Dhanush's birthday on July 28 by picking five of his favourite Dhanush movies.
Having twice betrayed the BJP -- and Arvind Kejriwal determined not to admit in AAP anyone who could question his authority -- Sidhu seems to have reached a dead-end in his political career, asserts Virendra Kapoor.
Subhash K Jha picks performances that he loves.
'Avoid going overweight on gold. But maintain a 10 per cent allocation via sovereign gold bonds,' Bajaj Capital MD Sanjiv Bajaj tells Sarbajeet K Sen.
At present, the country has 182,000 millionaires, Credit Suisse Research Institute said in its fourth Annual Global Wealth Report 2013 released in Mumbai on Wednesday.
In 2012, the number of HNIs in the region increased 9.4 per cent to a record 3.68 million and their collective wealth grew to $12 trillion.
Bollywood stars posted beautiful pictures on World Ocean Day.
There is a vocal constituency of educated, well-to-do, articulate Indian elites who would rather go with the idea that too much democracy is a liability. That India needs a spell of benevolent dictatorship. Of course, they have never lived under one, points out Shekhar Gupta.
Your promise to protect bankers for their commercial decisions is a huge confidence booster, but how does one define a commercial decision? Are our investigative agencies well equipped to dissect lending decisions of bankers?
'Investors need to diversify at least 30% to 50% of their liquid wealth across different markets, asset classes, and instruments across the world.' 'Do this with proper guidance and advice.' 'Global investing is complicated, but if done right, is extremely rewarding.'
Becoming a unicorn is surely a marker for a company in its growth story, but it's not a major achievement nor is it a turning point of any significant worth.
Industry players believe the new DFI model will be initially risk capital, which will then be used to mobilise additional resources from development agencies such as World Bank.
India is projected to be home to the fourth highest number of billionaires in the world by 2023.
The study claims that from its peak of 18 per cent of gross domestic product in 2008, the crony capitalists' wealth is now down to three per cent
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors -- Singapore's sovereign wealth fund GIC and Global alternative asset firm TPG -- by selling a stake in group's retail arm.
Kamala succeeded as she identified herself with the larger minority groups rather than narrow ethnicity, prodded by her mother who did not want to return to India, observes Ambassador T P Sreenivasan, who has done multiple stints in India's embassy in Washington, DC.
The prime minister touched upon many issues including scrapping of Article 370, triple talaq and many more.
Hosting a summit of leaders of Germany, Japan and Brazil under the G-4 format, the PM said the UNSC "must include the world's largest democracies, major locomotives of the global economy, and voices from all the major continents" to carry "greater credibility and legitimacy".
After Chanda and Deepak Kochchar, the Kudvas are the second power couple in the financial world to come under the regulatory glare.
The global billionaire population reached a record 2,325 with the addition of 155 new billionaires in 2014, registering a rise of 7 per cent from 2013.
A closure of the Indian mission in Kabul will be a Himalayan blunder at this historic juncture when the wheels of diplomacy and politics are set to accelerate in Afghanistan, argues Ambassador M K Bhadrakumar
The Nobel Prize in Physics was on Tuesday awarded with one half to James Peebles for his theoretical discoveries in physical cosmology and the other half jointly to Michel Mayor and Didier Queloz for discovering an exoplanet orbiting a solar-type star.
India's 100 richest saw a 3 per cent rise in the wealth totaling $259 billion, says Forbes.
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