A cross-country comparison shows that India currently has the lowest number of taxpayers.
The US president's remarks elicited laughter from the world leaders gathered in the UN General Assembly hall for the General Debate.
Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.
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On the first night of the Republican National Convention on Monday, senior party leaders during their prime-time address said that the future of America was in danger if the November 3 polls resulted in the defeat of US President Donald Trump.
In Indian context, among top gainers on the spot National Commodity and Derivatives Exchange, is coriander that saw its price moving up nearly 38 per cent (year-to-date, or YTD).
The biggest spend (Rs 4,406 crore) was for Schedule VII (II), which involves "promoting education, including special education and employment enhancing vocation skills, especially among children, women, elderly and the differently abled and livelihood enhancement projects". The FY19 spend was 17.2 per cent higher than Rs 1,0128.3 crore spent during the previous year.
TCS contributed the most to stock market wealth.
Asset allocation is a difficult job that most people cannot get right. Here's why and how you should correct the flaws.
As a result, the global investment in developed countries will triple in the next two decades.
Risk aversion is currently a dominant depressant to economic recovery, points out Shankar Acharya, former chief economic advisor to the Government of India.
While the world is better fed than it was 50 years ago, those gains are now under threat.
The world's richest are getting richer despite the economic crisis.
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Number of people in the world with more than $1 million to invest soared to a record of 12 million in 2012, a 9.2 per cent increase over 2011.
The existing wealthy are poised to gain even greater wealth.
Two Indians have made it to the Forbes list of 400 Richest Americans.
Edulji and former CAG Rai often disagreed publicly on key issues, most notably over the appointment of national coaches, both men and women.
'At the stage where we are in today in the country, by the time mass vaccination becomes available, it would be around the middle of next year.' 'Most of those people, who got infected this year, will be next year back to level zero -- once again susceptible.'
Private wealth in India will more than double to $4.5 trillion by 2017.
'Time is throwing something at you, one should grab such opportunities right away.'
Take a look at the 25 best countries for doing business.
On Friday, Sakshi (65kg, silver), Vinesh (53kg, bronze) young Anshu Malik (57kg bronze) and Gursharan Preet kaur (72kg, bronze) added to India's tally.
Since Obama took office in Jan 2009, US shares have given annualised returns of 19%
Rediff reader Irish Verma, 35 from Chandigarh shares his message:
This kind of growth will turn India into a $8 trillion economy.
Unless the poor get richer, the domestic market is going to be considerably stalled, says Shikha Dalmia.
When it comes to pay raises, promotions and other measures of career success, your spouse at home may play a key role, a new research suggests.
From the 30-share pack, 18 stocks ended with gains led by SBI, which surged 27.58 per cent, and ICICI Bank 14.69 per cent.
There is a vocal constituency of educated, well-to-do, articulate Indian elites who would rather go with the idea that too much democracy is a liability. That India needs a spell of benevolent dictatorship. Of course, they have never lived under one, points out Shekhar Gupta.
The winners of the ICC Champions Trophy, commencing on June 6, will pocket a prize money of USD 2 million while the runners-up will be richer by USD 1 million.
SWF is a state-owned investment fund comprising of financial assets such as stocks, bonds, property, precious metals and other financial instruments that are invested globally.
Although the rising tide of growth has lifted all boats, the faster-growing, richer states have steadily pulled apart from the slower-growing, poorer states. Although this growing divergence has been observed during earlier periods as well, factors responsible for it are not fully understood.
Canadian firm Research In Motion (RIM) today announced the launch of three new handsets based on its BlackBerry 7 operating system in the country.
The problem of unemployment is spread across the economy.
Piyush Goyal's comments about Amazon founder Jeff Bezos's investment in India reveals an inability to understand how businesses function, says Kanika Datta.
Justin Rose is $1.5 million richer after defeating fellow Englishman Lee Westwood by one stroke to win the inaugural World Golf Final in Turkey on Friday.
Scams happen with high regularity because the price of getting caught is insignificant. Aggrieved investors run from the police to already clogged courts to find redress for issues for which financial regulators have been specifically set up. For over 3,750 years we have known what to do, but we don't do it, observes Debashis Basu.
'It is sad that Kerala had so many Covid patients which is primarily due to the mismanagement of the Left government.' 'The technical committee was full of CPI-M leaders who happen to have medical degrees with no experience in public health.' 'They were advising the CM and we are paying for those mistakes.'
Mohammed Shami's estranged wife Hasin Jahan said she wanted to meet the cricketer following his accident