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Richest 10% Hold 65% of India's Wealth

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. Kindly note that this illustration generated......

Shouldn't be poor are growing, while wealth is centralised: Gadkari

Union minister Nitin Gadkari on Saturday said his government's policies were aimed at reducing poverty and creating jobs, as he cautioned against economic liberalisation that could lead to......

'I Can't Marry Off My Daughter Because I Don't Have Money'

'I need 3-4 lakhs for the wedding. All prospective grooms demand a motorcycle which costs 1 to 1.5 lakhs, then you have to also give a bed, cupboard, utensils, fridge,' says Kamala, her wrinkled......

Nepal PM KP Oli resigns amid violent protests

Nepalese Prime Minister KP Sharma Oli resigned on Tuesday in the face of massive anti-government protests with the demonstrators attacking private residences of several top politicians, including......

Flight To Fortune: How Assad Spirited Away Syria's Wealth To Russia

As Damascus teetered, Assad's aide orchestrated a shadowy airlift, spiriting millions and secrets to Russia, paving his own escape route. IMAGE: Russian President Vladimir Putin, right, speaks......

Can Private Bankers Transform Public Sector Banks?

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff   Last week's column on the......

Active banking funds fail to capitalise on PSU rally: Value Research data

Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. Illustration: Dominic......

MF Equity Deployment Hits Six-Month Low

'The net inflows into MF schemes may also have been lower last month, with investors booking profit and taking a more measured approach amid elevated valuations.' Kindly note that this......

India Has 73 Unicorns; RMGs Knocked Out

RMG firms Dream11, Games24x7, Gameskraft and MPL lost unicorn status after the gaming ban while fintech players led 11 new unicorns added in 2025. Illustration: Dominic Xavier/Rediff At least four......

India's private wealth to rise 150% by 2018

By 2018, India could become the world’s seventh-biggest nation in terms of private wealth, with a 150 per cent jump in total from $2 trillion in 2013 to $5 trillion, suggests a recent study......

Why England are opposed to Saudi-backed T20 league

IMAGE: The England and Wales Cricket Board is keen to protect its own 100-ball format league, The Hundred, having raised $1.27 billion last month after selling franchise stakes to private......

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