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Sunday, November 3, 2024
TopicWealth

Topic: wealth

SubscriberWrites: Wealth of a Nation is not measured in gold or money

In the process of wealth assessment, there is a need to distinguish between poverty and inequality. Poverty is an economic construct.

Why Meenakshi temple & 47 other Tamil Nadu shrines are live-streaming opening of their donation boxes

While many temples videograph opening of hundials for years, 48 senior-grade shrines began live-streaming a year ago after Hindu Religious & Charitable Endowments Dept directive.

Moonlight Manifestation 2.0 reviews – *shocking facts* read before you order!

The program is based on a sound vibration technique that helps you unlock the door to attract wealth effortlessly. 

Why it’s not ‘anti-environment’ to be in favour of economic growth

Here's a fundamental misunderstanding: Economic growth is quantity driven; degrowthers think there's an insatiable demand that will have 'devastating consequences'.

Where are India’s missing millionaires? Big numbers of rich don’t tally with income, spending data

There were 7.64 lakh dollar millionaires in India in 2019 according to Credit Suisse, but in the same year, just 3.16 lakh people in the country declared income of over $70,000.

India’s rich got richer in Covid but share of philanthropy fell, says report on charity trends

'Indian Philanthropy Report' by global consultancy firm Bain and Co. and strategic philanthropy foundation Dasra derived from statistics available with London-based donor database.

SubscriberWrites: In praise of making money & why it’s a good idea to let a thousand billionaires bloom

Shaunak Desai defends the super rich from the charge that their creation of wealth also creates greater inequality in society.

Warren Buffett loses spot on world’s rich list to China’s bottled water king Zhong Shanshan

It’s only the second time a Chinese national has broken into the world’s Top 10, and no one from the mainland has ever ranked this high on Bloomberg’s wealth index.

World’s richest people smashed wealth records this week

While Amazon's Jeff Bezos' net worth topped a whopping $200 billion, Elon Musk's fortune soared past $100 billion fueled by Tesla Inc.’s ceaseless rally.

Pandemic could erase more global wealth than financial crisis

Volatile markets and the economic fallout from the virus could wipe out as much as $16 trillion of global wealth this year and hinder growth for the next five years.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.