An Indian would have got Rs 40,141 during 2008-09, if the country's wealth was equally distributed among its citizens, according to the revised estimates of the national income.
Taruna Bakshi shares healthy winter recipes.
A strong rally in the stock market, the biggest in the last two months, on Friday added an estimated Rs 1.5 lakh crore to the investors' wealth.
India must remain an integral part of the global economy if it has to grow at 9-10 per cent over the next three decades, Niti Aayog CEO Amitabh Kant said on Tuesday. Speaking at the 15th India Digital Summit, Kant said India needs to become a major global exporting nation, without that it will not be possible to become richer and create wealth for its people over the next three decades.
Bindra realistic after the Haryanvi takes a set off Federer in US Open first round.
'Certainly, it is the most incredible title triumph in Liverpool's history, and arguably the best delivered by an elite club in the Premier League era'
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.
Only one of the top five richest candidates managed to win this time.
'The young middle-class Indian is more concerned with Birkins and bikes and the EMIs on a new home and travelling abroad than politics,' novelist Shobhaa De tells Rediff.com's Savera R Someshwar and Vaihayasi Pande Daniel.
There has been a whopping 164 per cent growth in assets of 216 members of Legislative Assembly, who are seeking re-election to the Maharashtra assembly, since the last polls, as per a study conducted by two Non-Governmental Organisations.
Australia will nonetheless be richer for their presence, and the duo's carefully orchestrated reunion with team mates has been smoothed by some cracking performances since their recovery from elbow injuries.
'It's my humble tribute to a talent that has no limits, no boundaries.'
The Telangana Rashtra Samiti supremo's party symbol is a car.
Mercedes-Benz, Ferrari, Porsche and Lamborghini are some marquee badges that have introduced track cars to excite hard-core customers who want to push their cars to the limit, says Pavan Lall.
'By August 2018, it was evident that Jet was heading into serious financial trouble.' 'Why didn't the DGCA stop all advance bookings right there and then?' asks Anjuli Bhargava.
In a year when telling a story as cinematically as possible has found a conspicuous voice in OTT, Sukanya Verma's pick of 10 favourite female performances cannot be limited to film alone.
The fall in urban sentiments in June is worrisome, observes Mahesh Vyas.
'We still have 30,000-40,000 cases.' 'It is plateauing, but the number should definitely come down more so that we can convert the pandemic into an endemic.'
On Gandhi Jayanti, she also invoked the Father of the Nation, to assail the government which, she claimed, swears by his name but demolishes his ideals through its actions.
The BSE IT index on Wednesday recorded its second-highest one-day gain in the past one year and investors' wealth in IT stocks rose by over Rs 15,000 crore (Rs 150 billion).
India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.
Even as both India and the world struggle to re-build after COVID-19, they face slow-burn problems that could develop into full-blown crises, observes T N Ninan.
The Direct Tax Code Bill, which was tabled in the Lok Sabha on Monday, has been delayed by a year. The Bill will now come into effect from April 1, 2012.
The government believes that WTO's push for initiating negotiations on substantive obligations related to e-commerce will oblige India to permanently accept the current moratorium on imposing customs duties on products traded electronically.
This perversity in vaccine distribution needs immediate correction. It requires a complete withdrawal of the 'Liberalised Vaccine Policy', and a 100 per cent takeover of the vaccine procurement by the GoI, asserts R Ramakumar.
The liquidity-fuelled rally will continue for some time, however, fundamentals are getting stretched.
Operators Bharat Sanchar Nigam Ltd, Bharti Airtel, Vodafone-Essar, Aircel, Mahanagar Telephone Nigam Ltd and Idea Cellular might have to fork out over Rs 11,200 crore for having spectrum beyond 6.2 MHz, if the government accepts the Telecom Regulatory Authority of India (Trai) recommendations.
Other countries with a large number of cases including Brazil, Russia, Spain and the United States of America, all have more people heading to work.
India have time and again showed at the junior level the gulf that exists between them and other teams
The Modi government is notoriously honest about one fact: It does not listen to economists, observes Shekhar Gupta.
With his eye on next year's Party Congress, Xi Jinping is using the CCP's centenary celebrations to publicise the benefits for China from its leadership, and boost his image and contribution to China's rise, observes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
The Board of Control for Cricket in India's Committee of Administrators (COA) on Tuesday doubled the annual retainership amount to Rs 2 crore for seven Grade A cricketers, including captain Virat Kohli and former skipper Mahendra Singh Dhoni.
The number of ultra rich falls to 2.56 lakh in 2018 from 2.63 lakh. As much as Rs 262 lakh crore of the wealth possessed by the high networth individuals are in the form of financial assets, while the rest are parked in physical assets.
In September, sales of 125cc models - that include the Hero Glamour, Splendor, Pulsar 125, Victor Star City, among others - grew by a whopping 30 per cent over the same period a year ago to 305,615 units.
Rich are getting richer and the poor are getting poorer.
The Union Budget on Monday evoked contrasting responses in the political arena with the ruling Bharatiya Janata Party hailing it as a vision for an 'Aatmanirbhar Bharat' and the Opposition describing it as a 'let down like never before' that was meant to 'deceive' people.
India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
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