Inequality has increased since the 2000s, with India’s richest 1% owning 40% of wealth, study shows

The newspaper said the quality of Indian economic data was significantly poor (representative) New Delhi: Inequality in India has risen sharply since the early 2000s, with the income and wealth shares of the richest 1% rising to 22.6% and 40.1% respectively in 2022-23, a working paper shows. The paper titled “Income and Wealth Inequality in … Read more

Clark Hunt: Early Life, Career, Age, Nationality, Net Worth And His Wealth Journey

Clark Hunt

Clark Hunt’s indelible mark on the Kansas City Chiefs and his unwavering commitment to community betterment stand as testaments to his exemplary leadership and vision Clark Hunt: A Leader in American Sports and Business Introduction: Clark Knobel Hunt, born on February 19, 1965, stands as a prominent leader in both American sports and business realms. … Read more

Meta stock rises, Mark Zuckerberg’s wealth surges by $28 billion

This is a dramatic reversal of fortune for Mark Zuckerberg The Facebook co-founder’s net worth soared by $28.1 billion after Meta’s quarterly results far exceeded Wall Street expectations, sending its shares up about 20%. He is now worth $170.5 billion, making him the richest ever and surpassing Bill Gates to rank fourth on the Bloomberg … Read more

Tax incentives for start-ups, sovereign wealth and pension funds extended until March 2025

Published by: Pragati Pal Last updated: February 1, 2024 15:13 UTC In a bid to give the startup ecosystem some breathing space, the Center on Thursday announced extension of tax benefits for startups as well as investments by sovereign wealth and pension funds till March 2025. Certain tax benefits for start-ups and investments in sovereign … Read more

300 cars, private army, jets: The staggering wealth of Malaysia’s new king

Sudan’s investment portfolio amounts to US$1.1 billion. New Delhi: Johor’s Sultan Ibrahim Iskandar, 65, is about to ascend to the Malaysian throne, bringing with him a staggering fortune estimated at $5.7 billion and an empire that extends far beyond the country’s borders. Sultan Ibrahim’s territory encompasses a range of businesses, from real estate and mining … Read more

Dalal Street investor wealth gains Rs 600 crore as market rebounds

Investor wealth climbed by 6 billion rupees on Monday, with the BSE Sensex up nearly 2% on heavy buying in Reliance Industries and gains in Asian markets. The 30-share BSE Sensex rose 1,240.90 points, or 1.76 per cent, to close at 71,941.57 points. On the same day, the index surged 1,309.55 points or 1.85% to … Read more

This ancient Chinese empress’s $16 trillion wealth surpasses Mukesh Ambani, Elon Musk

Curated by, business desk Last updated: 25 January 2024, 15:13 IST Moving away from the contemporary list of male-dominated billionaires like Mukesh Ambani, Elon Musk, Gautam Adani and Jeff Bezos, there was one historic man who held the title of the richest person, surpassing the wealth of even today’s industrial giants. left. , That distinction … Read more

PM Modi calls for ‘Wed in India’ to keep wealth within the country

Prime Minister Narendra Modi on Sunday raised the issue of couples having destination weddings abroad and said people should be encouraged to get “married in India” so that the money stays within the country. While virtually addressing the foundation stone laying ceremony of Khodaldham Trust Cancer Hospital to be built in Amreli city of Gujarat, … Read more