'I am still the kid who loves chess. It used to be the coolest toy.'
Investors' wealth grew by Rs 3.24 lakh crore on Thursday as the BSE Sensex jumped nearly 1 per cent after a two-day slide. The 30-share BSE Sensex jumped 490.97 points or 0.69 per cent to settle at 71,847.57. During the day, it rallied 598.19 points or 0.83 per cent to 71,954.79.
Nobel laureate economist Abhijit Banerjee has said the current situation in Bangladesh is unlikely to trigger a fresh round of exodus of minority Hindus into India. He believes that migration is primarily driven by social networks and economic opportunities rather than persecution. Banerjee, known for his work in poverty alleviation, further emphasized that India's overt preference for Hindu migrants from Bangladesh in the past has been a significant factor in their migration, rather than attacks on the community.
Equity investors became richer by over Rs 5.77 lakh crore on Tuesday, helped by a rally in the broader market where the BSE benchmark jumped nearly 2 per cent. The BSE Sensex zoomed 934.23 points or 1.81 per cent to settle at 52,532.07. Driven by the rally in equities, the market capitalisation of BSE-listed firms jumped by Rs 5,77,006.83 crore to stand at Rs 2,40,63,930.50 crore. "Absence of fresh selling triggers in the domestic and global economy along with falling commodity prices relieved the heavily discounted equity market to showcase recovery.
Dalal Street investors became richer by more than Rs 16.36 lakh crore this year as the equity market scaled new highs despite persistent geopolitical uncertainties and inflation worries. Analysts attributed better macroeconomic fundamentals, the confidence of retail investors and foreign investors investing again in the domestic equities towards the latter half of 2022 as the key factors that led to the outperformance of the Indian market in comparison to many other stock markets worldwide. During the initial part of the year, markets were jolted by the Russia-Ukraine war.
Congress leader Priyanka Gandhi Vadra launched a scathing attack on the BJP in her maiden Lok Sabha speech, accusing the government of trying to weaken the Constitution and prioritizing the interests of one individual over the people. She criticized the BJP's alleged attempts to change the Constitution, the growing monopoly of the Adani Group, atrocities on women, and the demand for a nationwide caste census. She also challenged the BJP to hold elections using ballot paper, saying it would expose the reality.
Follow these and you will definitely be richer by the end of next New Year than what you are today.
If one has to analyse Ashwin the cricketer, it is very difficult to ignore Ashwin, the person, who had a very independent mind and a brain that probably ticked 24x7. He believed in de-construction of his art and became craftier one ball at a time.
Prime Minister Manmohan Singh has assets worth around Rs 10.73 crore, double that of last year, but a number of his cabinet colleagues are much richer than him.
The good thing is you don't have to employ some highly esoteric investment strategies or complex algorithms to become richer in a year's time. Some simple reorganisation in your personal finance management could help you hit your target.
A glance through the declared assets of candidates contesting the forthcoming Lok Sabha elections reveals that future lawmakers of the country are rich, but not as much as their spouses.
Equity investors became richer by over Rs 7.21 lakh crore as stock markets continued the rally for the second day on Wednesday. The 30-share BSE Sensex opened in the green on Wednesday and further jumped 1,469.64 points or 2.75 per cent to 54,893.73 during the day. It finally settled at 54,647.33, higher by 1,223.24 points or 2.29 per cent amid reports of diplomatic efforts to end Russia's attack on Ukraine. On Tuesday, it settled at 53,424.09, higher by 581.34 points or 1.10 per cent.
Naidu's son and state Information Technology Minister Nara Lokesh declared the family's assets on Wednesday.
Former Reserve Bank Governor Raghuram Rajan said India will still remain a lower middle country if the potential growth rate remains at 6 per cent annually without any rise in population by 2047 (Amrit Kaal) and will be reaching the end of the demographic dividend by then. Speaking at a programme organised by Manthanon on Saturday, the economist said if the country does not grow faster, it will grow older (demographically) before it gets richer, which means there is the burden of an aging population to deal with also at that point. Rajan said the GDP growth in India for the past two quarters was in the region of 7.5 per cent and if one looks at the labor force participation, it is very low and when it comes to female participation, "it is the lowest in the G20".
Run by a former cricketer and son of India's military heroes, Mike's Forest Retreat is an ode to all that we hold dear.
Shekhawat owns less than one hectare, that too ancestral, in a Sikar district village of Rajasthan.
'I had got some offers from the South and most of them were negative roles.' 'I used to think that whatever I would play, the character would stay inside me and corrupt my value system.' 'So I was very scared of getting out of character, especially negative roles.'
In Bellary, the dusty core of the mining industry in Karnataka, the rich get richer and the poor continue to live in squalor, say locals.
With Rs 5.5 crores and counting, Mumbai's favourite Lord Ganesha, Lalbaugcha Raja, has turned richer this year.
Mental accounting is one such money mistake even smart people commit. Understanding this mistake and avoiding this could make you richer.
The mesmerising and familiar image of Pandit Jasraj saying 'Jai Ho' and then raising his hands to mark the beginning of his performances will now remain only in the fond memories of thousands of Jasraj's fans and followers across the globe, remembers Ankur Biplav.
'...you evaluate three key factors before committing your money.'
India's first and only tennis medal in the history of Olympic Games came way back in 1996, when Leander Paes claimed the singles bronze in Atlanta.
'There is no immediate threat to the government, and they would prefer the growth agenda.'
Investors' wealth climbed Rs 3.20 lakh crore as markets staged a smart comeback on Wednesday after falling in the last eight trading sessions. The BSE Sensex rallied 448.96 points or 0.76 per cent to settle at 59,411.08. During the day, it jumped 513.33 points or 0.87 per cent to 59,475.45.
The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 404.18 lakh crore on Thursday helped by a five-day rally in benchmark indices, making investors richer by Rs 11.29 lakh crore. Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50 points or 0.66 per cent to settle at 74,339.44 on Thursday. During the day, it surged 718.31 points or 0.97 per cent to 74,571.25.
Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
Believe it or not, the revenues of some of the world biggest companies beat the GDP figures of several nations.
Ravichandran Ashwin has taken criticism on the chin and has responded with a bagful of wickets, refusing to let that 'outside noise' disturb the equilibrium of his mind.
In a dazzling showcase at Apple Park, Apple on Monday introduced its latest technological marvels, including the much-anticipated iPhone 16 lineup. The event, held at the newly inaugurated Observatory building, featured an array of exciting updates that promise to redefine the smartphone experience.
Oil-to-telecom conglomerate Reliance Industries Ltd head Mukesh Ambani continues to be the richest Indian and has now broken into the world's top 10 wealthiest persons in the latest Forbes 2024 Billionaire List. Ambani, 66, is ranked 9th on the list with a wealth of $116 billion, up from $83.4 billion in the 2023 ranking, according to Forbes. Gautam Adani is the second richest Indian and is ranked at No.17 on the global list.
Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.
Auto parts maker Sona BLW Precision Forgings (Sona) reported strong revenue in the fourth quarter of financial year 2023-24 (Q4FY24) as demand for electric vehicles expands. The company reported a 19 per cent year-on-year (Y-o-Y) increase in sales to beat street estimates. Sales were powered by a 34 per cent growth in the battery electric vehicle (BEV) segment and a good show in the differential gear segment.
'People are angry.' 'First notebandi, then GST, now losses on the farm have ruined us.'
Helped by a rally in the stock market where the Sensex surged by a whopping 439 points, its biggest single-day gain in 2012 so far, investors became richer by Rs 1.17 lakh crore on the back of clarity on tax-avoidance rules and bullish global sentiment.
The richest 400 Americans are significantly richer in 2013 than they were last year and younger Americans are accumulating wealth at a faster clip than their baby boomer counterparts.
An encyclopedia to the best Durga Pujo eating.