News for 'New World Wealth'

Will SpaceX IPO make Elon Musk the world's first trillionaire?

Will SpaceX IPO make Elon Musk the world's first trillionaire?

Rediff.com21 May 2026

Elon Musk, already the world's richest person, may soon become the first trillionaire as his space and AI company, SpaceX, prepares for a public listing. The IPO is expected to be the largest ever, surpassing Aramco's 2020 listing, but recent filings reveal a challenging financial picture for SpaceX.

Shabnim Ismail Returns To South Africa Squad For T20 World Cup

Shabnim Ismail Returns To South Africa Squad For T20 World Cup

Rediff.com12 May 2026

South African pacer Shabnim Ismail reverses her international retirement to join the squad for the Women's T20 World Cup 2026 in the UK, bringing valuable experience to the team.

Vaibhav Sooryavanshi becomes IIM Indore research subject

Vaibhav Sooryavanshi becomes IIM Indore research subject

Rediff.com2 Jun 2026

IIM Indore will conduct a study on teenage cricket sensation Vaibhav Sooryavanshi to understand the impact of early fame and pressure on child prodigies.

Born with a diamond spoon: Lalit Modi defends luxury life

Born with a diamond spoon: Lalit Modi defends luxury life

Rediff.com7 days ago

Former IPL Commissioner Lalit Modi, who claims that there is no wrongdoing by him in the legal cases faced by him in India, has said that he was born with "a diamond spoon", has a kingsize lifestyle, travels everywhere and that "Rs 10-12 crore" may not last with him a week.

Caste Census: 'Government Is Scared Of The Numbers

Caste Census: 'Government Is Scared Of The Numbers

Rediff.com2 days ago

'Once the numbers come out, they fear that the OBCs would start to demand, and articulate what they are lacking, why they are lacking and what should be done to go forward.'

Meet Dr Ros Rivaz, ICC's new face after Indra Nooyi

Meet Dr Ros Rivaz, ICC's new face after Indra Nooyi

Rediff.com30 May 2026

The ICC has announced the appointment of Dr. Ros Rivaz as its new Independent Director, succeeding Indra Nooyi. Rivaz brings extensive experience in governance, corporate strategy, and operational effectiveness to the role.

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

Rediff.com23 Mar 2026

Indian investors have seen their wealth erode by a staggering Rs 48.29 lakh crore since the West Asia war began on February 28, leading to a significant downturn in the BSE Sensex and NSE Nifty, driven by geopolitical tensions and rising crude oil prices.

Massive 'economic storm' on the way: Rahul slams Modi

Massive 'economic storm' on the way: Rahul slams Modi

Rediff.com19 May 2026

Congress leader Rahul Gandhi has warned of a severe economic crisis looming over India, criticising Prime Minister Narendra Modi's economic policies and foreign travels.

How Much EMI Can Your Salary Handle?

How Much EMI Can Your Salary Handle?

Rediff.com2 days ago

Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.

'We Treat Retirement Like A Distant Destination'

'We Treat Retirement Like A Distant Destination'

Rediff.com6 days ago

If you have ever said 'I'll sort retirement later,' now is when 'later' begins.

Why hospital stocks are thriving despite broader market dips

Why hospital stocks are thriving despite broader market dips

Rediff.com28 May 2026

Hospital stocks have emerged as a strong theme in 2026, outperforming benchmark indices due to robust earnings growth, improved occupancy, higher average revenue per occupied bed, and aggressive expansion plans by major chains.

Rs 14 Trillion Investor Wealth Wiped Out

Rs 14 Trillion Investor Wealth Wiped Out

Rediff.com7 Mar 2026

Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.

Buying Gold Bars, Coins? Read This

Buying Gold Bars, Coins? Read This

Rediff.com14 May 2026

'It has always been viewed as a hedge against inflation.'

Gulf War: Big Lessons For Investors

Gulf War: Big Lessons For Investors

Rediff.com11 May 2026

History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.

Mukesh Ambani draws nil salary for sixth consecutive year

Mukesh Ambani draws nil salary for sixth consecutive year

Rediff.com28 May 2026

Mukesh Ambani, Asia's second richest man, has not drawn a salary from Reliance Industries for the sixth consecutive year, with dividends from his extensive shareholdings serving as his primary source of income.

Richest 10% Hold 65% of India's Wealth

Richest 10% Hold 65% of India's Wealth

Rediff.com11 Dec 2025

A larger part of India's population was in the middle 40 per cent of the national income share in 1980. Today almost all are in the bottom 50 per cent.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

The Rediff Podcast: Andrew Holland: 'I'd Bet 80% Of My Money On India'

The Rediff Podcast: Andrew Holland: 'I'd Bet 80% Of My Money On India'

Rediff.com13 May 2026

Market maven Andrew Holland on why India missed the AI wave, why FIIs are leaving, why he personally invests in cryptocurrencies and why he's still betting big on the country.

Gautam Adani overtakes Mukesh Ambani to become Asia's wealthiest person

Gautam Adani overtakes Mukesh Ambani to become Asia's wealthiest person

Rediff.com17 Apr 2026

Gautam Adani, Chairman of the Adani Group, has surpassed Mukesh Ambani to become Asia's richest person, with a net worth of USD 92.6 billion, placing him 19th globally according to the Bloomberg Billionaires Index.

Hybrid Mutual Funds Attract Rs 1.55 Lakh Crore in FY26 as Investors Seek Diversified Strategies

Hybrid Mutual Funds Attract Rs 1.55 Lakh Crore in FY26 as Investors Seek Diversified Strategies

Rediff.com17 May 2026

Hybrid mutual fund schemes attracted significant inflows of Rs 1.55 lakh crore in FY26, a 29 per cent increase, as investors increasingly opted for diversified investment strategies to navigate volatile market conditions and geopolitical tensions.

Why Every Family Needs Health Corpus

Why Every Family Needs Health Corpus

Rediff.com19 May 2026

'Healthcare costs in India rise by 10 to 14% annually, causing treatment costs to double roughly every 5-7 years.'

IPL 2026: Why Is BCCI Worried About Honey Traps?

IPL 2026: Why Is BCCI Worried About Honey Traps?

Rediff.com11 May 2026

In the IPL, losing your wicket is forgivable; but losing your integrity isn't, asserts K R Nayar.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

Avoid destination weddings, prefer online classes: Modi continues austerity push

Avoid destination weddings, prefer online classes: Modi continues austerity push

Rediff.com11 May 2026

Prime Minister Narendra Modi has appealed to citizens to adopt austerity measures, including avoiding destination weddings abroad and reducing edible oil consumption, to mitigate the impact of the West Asia crisis on India's economy.

When Will India Produce A Trillion-Dollar Company?

When Will India Produce A Trillion-Dollar Company?

Rediff.com2 May 2026

India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Rediff.com27 Apr 2026

Ashok Lahiri, a distinguished economist with experience in government, the private sector, and electoral politics, has been appointed as the new Vice-Chairman of NITI Aayog, tasked with strengthening India's reform trajectory and policy-making.

'Racist trash': Trump slammed for 'hellhole' remark targeting India

'Racist trash': Trump slammed for 'hellhole' remark targeting India

Rediff.com24 Apr 2026

Democrat leaders have criticised US President Donald Trump for referring to India and other countries as 'hellholes', accusing him of amplifying 'racist trash' on social media.

'Equity Investing In Good Shape And Fashionable As Ever!'

'Equity Investing In Good Shape And Fashionable As Ever!'

Rediff.com29 Apr 2026

'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'

Dream Sports pivots to fintech, AI, and sports entertainment after gaming ban

Dream Sports pivots to fintech, AI, and sports entertainment after gaming ban

Rediff.com26 Mar 2026

Following a ban on real-money gaming, Dream Sports, the parent company of Dream11, is strategically expanding its portfolio across 11 companies, including a new venture into wealth management and stockbroking, with a focus on serving a mass user base through AI-first solutions, cofounder Harsh Jain confirmed.

Khamenei Among 10 Of The World's Longest-Serving Leaders

Khamenei Among 10 Of The World's Longest-Serving Leaders

Rediff.com2 Mar 2026

From founding fathers to Europe's most unyielding rulers, these figures have not just held office, they have established a cult of leadership and will leave legacies, mostly mixed, that few can rival.

'Pakistan Has Been Betraying Everyone'

'Pakistan Has Been Betraying Everyone'

Rediff.com24 Apr 2026

If Trump wants peace with Iran, Pakistan will offer to help. If Trump seeks Pakistan's aid to spy on Iran, then too Munir will not hesitate to chip in. At the same time, the ISI will not hesitate to tip off Iran now and then, points out M R Narayan Swamy.

Bhutan: Breathtakingly Beautiful!

Bhutan: Breathtakingly Beautiful!

Rediff.com30 Apr 2026

The first thing you notice about Bhutan is not the mountains, but the silence.

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

Rediff.com2 Apr 2026

'Portfolios built in these phases often deliver the strongest outcomes over time.'

'Mark Mobius Saw India's Rise Before Other Investors'

'Mark Mobius Saw India's Rise Before Other Investors'

Rediff.com17 Apr 2026

'Mark Mobius's life was dedicated to investing.'

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

Rediff.com1 Apr 2026

'Portfolios built in these phases often deliver the strongest outcomes over time.'

The 5-Step Action Plan To Your First Rs 1 Crore

The 5-Step Action Plan To Your First Rs 1 Crore

Rediff.com9 Mar 2026

From a modest salary to Rs 1 crore, here's Ramalingam Kalirajan's smart compounding blueprint for young earners

Athletes, students, artists asked to shield Iran's power plants

Athletes, students, artists asked to shield Iran's power plants

Rediff.com7 Apr 2026

Citizens in the city of Ilam formed a human chain on Tuesday to demonstrate their defiance against recent threats from US President Donald Trump.

'Stay Away From Equities. Buy Gold'

'Stay Away From Equities. Buy Gold'

Rediff.com31 Mar 2026

'In my entire career, whenever friends, relatives, or associates have sought my counsel, I have told them consistently: Stay away from equities. Buy gold. Place funds in fixed deposits. Acquire some raw land.' 'That is all one genuinely needs to build meaningful, enduring wealth, without the attendant anxiety of equity market participation.'

Prabhsimran Singh: Impact Player Rule a Boon for Young IPL Talents

Prabhsimran Singh: Impact Player Rule a Boon for Young IPL Talents

Rediff.com9 Apr 2026

Punjab Kings' Prabhsimran Singh supports the 'Impact Sub' rule in the IPL, highlighting its benefits for young players. He also discusses modelling his wicket-keeping after MS Dhoni and the importance of powerplay in modern cricket.

Struggling Tottenham Hotspur appoint De Zerbi as manager

Struggling Tottenham Hotspur appoint De Zerbi as manager

Rediff.com31 Mar 2026

Tottenham Hotspur have appointed Roberto De Zerbi as their manager on a long-term contract, the Premier League club said on Tuesday, and the Italian coach has seven games to steer the North London side to safety.