The chairman of Reliance Industries entered the rarefied group of 11 men. He’s now worth $100.6 billion after his wealth increased by $23.8 billion this year.
The net worth of Adani has jumped $16.2 billion in 2021 to $50 billion. Shares of all Adani group stocks, except one, have rallied at least 50% this year.
Latest Forbes 100 list of richest Indians sees vaccine maker Cyrus Poonawalla as new entry in top 10. Most billionaires on the list from pharmaceutical sectors see steady rise in income.
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.
The top 1% covers a wide span, from professionals to billionaires with more wealth than many nations. But the yardstick varies greatly with where you live.
For India and the EU, the reliance on the US for security needs and on China for goods and services is associated with greater risks and vulnerability to major disruptions.
RBI data shows personal loans tripled in six years, with rising slippages; real wages halved as middle class uses loans to maintain lifestyle fuelled by social media.
Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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