Distribution of wealth: GK, Current Affairs, Questions, Trivia and News

India 6th wealthiest country in world

According to the AfrAsia Bank Global Wealth Migration Review, India is the 6th wealthiest country in the world with a total wealth of US $8,230 billion. The factors that will help in wealth creation in India include large number of entrepreneurs, good educational system, robust outlook for IT, business process outsourcing, real estate, healthcare and ..

Commitment to Reducing Inequality (CRI) Index

The Commitment to Reducing Inequality Index uses a new database of indicators covering 152 countries, which measures government action on social spending, tax and labor rights – three areas found to be critical to reducing inequality. It has been prepared by Development Finance International, Inc. and international NGO Oxfam. India has been ranked 132nd among 152 nations in a ..

Mumbai named in list of 15 wealthiest cities globally, as per latest report by New World Wealth

India’s financial capital Mumbai, with a total wealth of $950 billion, has been named 12th wealthiest city among the top 15 wealthiest cities globally. Mumbai also features among the top 10 cities in terms of billionaire population. The city is home to 28 billionaires, individuals with $1 billion or more in net assets. According to ..

India ranked 6th in list of wealthiest countries

According to a report by New World Wealth, India has been ranked 6th in the list of wealthiest countries with total wealth of $8,230 billion US dollars. As per report, India was the best performing wealth market globally in 2017 as its total wealth swelled from 6,584 billion dollars in 2016 to 8,230 billion dollars ..

India no more in the list of 12 countries with biggest number of HNIs

India is no more enlisted in the list of top 12 countries with largest HNI population as sharp plunge in equity market in 2011 made a bad impact on property and investable wealth of the billionaires. In the list prepared by Capgemini and RBC Wealth Management the order of the countries with largest High Net-worth ..