Globally, just 8 billionaires have same amount of wealth as the poorest 50% of the world population.
The wealth of India's richest 1 per cent increased by over Rs 20.9 lakh crore during 2017.
Jaitley said he is meeting the existing investors and potential investors, those who are looking at India, those who are looking to expand.
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A team from Serbia had participated in the Vibrant Gujarat Summit in 2013, and that country is participating in this year's summit as well.
The question is whether Prime Minister Modi can convince the world's investors that India is the ultimate investment destination of 2018, says Kanika Datta.
Petrol and diesel will cost Rs 2 a litre less from Wednesday after the first excise duty cut by the Modi government comes into effect.
These automotive companies were afraid of competition and made wrong accusations on grounds of safety.
The Aam Aadmi Party and talks about next Lok Sabha elections seem to be hogging the limelight when it comes to discussions around India at the World Economic Forum's annual talk-fest of the rich and famous from across the globe.
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