In his book No Trade Is Free, ex-USTR writes how an Indian friend corrected him and said only seven billionaires run the country; the others just try to influence these seven.
A $10.5 billion pact announced Sunday marked some 32 acquisitions for the Adani Group this past year, with the ambitious tycoon rapidly diversifying his business into new areas.
Sales of Dabur's flagship Chyawanprash rose 700% last quarter from the previous 3 months, said Gaurav Burman who runs his family office, which oversees about $1.5 billion in assets.
Reliance's shares have more than doubled from a low in March as its digital unit got billions in investments from companies including Facebook Inc. and Google.
Be it Akshay Kumar or Anurag Kashyap, Ambanis or Adanis, India's wealthy have yet to open their hearts, let alone their purse, in times of coronavirus.
In its annual study released ahead of the start of the World Economic Forum, Oxfam said 13.6 crore Indians who make up the poorest 10% of the country remained in debt since 2004.
Cooperation Ministry takes a step towards financial inclusion with Sahkar DigiPay and Sahkar DigiLoan. They will enable faster and seamless access to financial services in small towns.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
I may or may not agree with all his other statements, but the state run by billionaires is the truth.