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 ..
Month: Current Affairs - March, 2020
Category: Government Schemes Current Affairs
Topics: 5 Trillion Dollar Economy • Assemble in India • Electronics Sector • GST Council • Make in India • nirmala sitaraman • PM Modi • union budget 2020-21 • Wealth
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 ..
Month: Current Affairs - October, 2019
Category: Reports & Indexes Current Affairs
Topics: Credit Suisse • Global Wealth Report • Switzerland • Wealth
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 ..
Month: Current Affairs - May, 2019
Topics: 150th birth anniversary • Centre of Excellence for Waste to Wealth Technologies • IIT Delhi • Mahatma Gandhi • PM STIAC • Principal Scientific Adviser Office • PSA • Scince • Technology • Waste • Wealth
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 ..
Topics: AfrAsia Bank Limited • Distribution of wealth • Economy • Inheritance • Wealth
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 ..
Topics: Billionaire • Distribution of wealth • Economic inequality • Economy • Millionaire • The World's Billionaires • Wealth
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 ..
Topics: Billionaires • Distribution of wealth • Wealth