Wealth

Incentive Scheme for Large Scale Electronics Manufacturing approved by Cabinet

March 21, 2020

On March 21, 2020, the Union Cabinet under PM Modi approved the Production Incentive Scheme for large scale manufacturing of Electronics. The main aim of the incentivisation is to increase investments in mobile manufacturing. Benefits The scheme aims to create ..

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Credit Suisse’s Global Wealth Report 2019

October 24, 2019

The Credit Suisse Group which is a Switzerland-based multinational investment bank, has released the 10th edition of its annual Global Wealth Report. The report tracks both growth and distribution of wealth, in terms of numbers of millionaires and billionaires, proportion ..

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Government and IIT-Delhi signs MoU to set up a Centre of Excellence for Waste to Wealth Technologies 

May 3, 2019

To commemorate 150th birth anniversary of Mahatma Gandhi on 2 October 2019, the Office of Principal Scientific Adviser (PSA) to Government of India and Indian Institute of Technology Delhi (IIT Delhi) signed a Memorandum of Understanding (MoU) in a move ..

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India 6th wealthiest country in world

May 21, 2018

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 ..

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

February 13, 2018

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 ..

India ranked 6th in list of wealthiest countries

January 31, 2018

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 ..

India at 6th slot in Inclusive Wealth Index (IWI) per capita

June 27, 2012

India ranked 6th on Inclusive Wealth Index (IWI) per capita that listed top 20 selected countries on the basis economic performance assessed between 1990 and 2008. The focus on this new measure gained attention in Rio+20 as it emphasized on ..

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

June 23, 2012

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 ..

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