Wealth Current Affairs, GK & News

Incentive Scheme for Large Scale Electronics Manufacturing approved by Cabinet

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 more than 2 lakh jobs. The indirect employment opportunities are expected to be three times ..

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Credit Suisse’s Global Wealth Report 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 of wealth that they hold as well as the status of inequality globally. Definition of ..

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

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 to come together and to bring best of science and technology to implement waste management ..

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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 ..

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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 ..

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