Moneycontrol PRO
HomeNewsRich
Jump to
  • Indian billionaires shine in first half of 2025 despite market turbulence

    Indian billionaires shine in first half of 2025 despite market turbulence

    Satyanarayan Nuwal, Co-founder and Chairman of Solar Industries India, recorded the highest surge in wealth during the first half of 2025, followed by Sunil Mittal, Chairman of Bharti Airtel, and Lakshmi Mittal, Chairman of ArcelorMittal—the world’s largest steelmaker.

  • 'No reply' to surveys jumps 100% in 5 years. Gated, urban communities more averse to respond

    'No reply' to surveys jumps 100% in 5 years. Gated, urban communities more averse to respond

    Non-response rate is higher for detailed surveys like Household Consumption Expenditure Survey, which are instrumental in determining consumer inflation and GDP statistics 

  • FM Nirmala Sitharaman interview: Tax rates can come down only after tax net widens

    FM Nirmala Sitharaman interview: Tax rates can come down only after tax net widens

    FM Nirmala Sitharaman interview: There is scope to reduce tax further to make the structure low and tax-friendly, but this can done only after the tax base widens, the minister said in an exclusive interview to Network18

  • Modi govt focused on restoring India's rich traditions: EAM Jaishankar in Varanasi

    Modi govt focused on restoring India's rich traditions: EAM Jaishankar in Varanasi

    He was addressing the Kashi Tamil Sangamam on the subject 'contribution of temples in society and nation building' being held here.

  • Majority of rich nations working off plans to meet 1.5-deg Celsius warming limit: Report

    Majority of rich nations working off plans to meet 1.5-deg Celsius warming limit: Report

    The Paris-Equity-Check.org assesses Nationally Determined Contributions (NDC) or national plans of countries to help achieve the global goal of limiting temperature rise to 1.5 degrees Celsius as compared to the pre-industrial average.

  • World’s richest have lost $1.4 trillion in 2022 after rapid gains

    World’s richest have lost $1.4 trillion in 2022 after rapid gains

    It's a stark contrast to last year, when soaring markets boosted the world’s population of high-net-worth individuals by about 8%, including 13% in North America, according to a Capgemini World Wealth report released Tuesday.

  • PM Modi created two Indias, one for rich and another for poor: Rahul Gandhi

    PM Modi created two Indias, one for rich and another for poor: Rahul Gandhi

    Launching his party's campaign for this year's Gujarat Assembly elections at an adivasi satyagrah rally' in tribal Dahod district, Gandhi said he is confident that Congress will come to power in the state.

  • Hindujas share second spot with Reuben brothers in UK Rich List

    Hindujas share second spot with Reuben brothers in UK Rich List

    The coronavirus pandemic is seen as a major factor behind the fall in the overall wealth of the UK's richest people.

  • World's richest 2,000 people hold more than poorest 4.6 billion combined: Oxfam

    World's richest 2,000 people hold more than poorest 4.6 billion combined: Oxfam

    The Nairobi-headquartered charity said in a report released ahead of the annual World Economic Forum of political and business leaders in Davos, Switzerland, that women around the world work 12.5 billion hours combined each day without pay or recognition.

  • Here's how India's wealthiest families are seeking to stay wealthy

    Here's how India's wealthiest families are seeking to stay wealthy

    India's super rich - family business owners, entrepreneurs, celebrities and senior executives - are increasingly turning to family offices instead of private banks to manage their money. While banks can give investment advice, family offices act as one stop shops catering to all issues confronting the modern Indian business family, from succession and taxation to philanthropy and alternate investments.

  • Generosity of Indian rich on decline? Only 27 make it to Hurun's Philanthropy list in 2016

    Generosity of Indian rich on decline? Only 27 make it to Hurun's Philanthropy list in 2016

    Generosity in India seems to be on a decline as each year the number of philanthropists are going down as well as the donation amount.

  • India may add 1,000 ultra-HNIs every year: Knight Frank report

    India may add 1,000 ultra-HNIs every year: Knight Frank report

    India is home to the wealthy and the number of high net worth individuals is rising in the country. According to a Knight Frank Global Wealth report, India added 500 new ultra high net worth individuals (UNHWI) in the last decade.

  • Mukesh Ambani tops Forbes' 100 Richest Indians list

    Mukesh Ambani tops Forbes' 100 Richest Indians list

    Forbes India has released the annual India rich list and Reliance Industries' Chairman Mukesh Ambani has topped the Forbes' '100 Richest Indians' list with a net worth of USD 22.7 billion.

  • ISL 2015: Analysing Financial Goals

    ISL 2015: Analysing Financial Goals

    How do you stay rich? Often times, it is the result of a laborious process of asset allocation and portfolio management. For an athlete, who is used to all that adrenaline on the field, it may sound boring even.

  • Awkward! It's tough being rich in Greece

    Awkward! It's tough being rich in Greece

    Against a backdrop of capital controls, financial uncertainty and increasing material deprivation, displaying wealth in Greece has become a big faux pas.

  • Digital India is transformational in nature: KPMG

    Digital India is transformational in nature: KPMG

    Prime Minister Narendra Modi's Digital India program will be transformational in nature, says Mritunjay Kapur of KPMG India. Prime Minister Narendra Modi on Wednesday inaugurated the 'Digital India Week'.

  • Staying rich in a downturn

    Staying rich in a downturn

    One tycoon's bad run of luck is another's opportunity to make a fortune—as is the case with some of India‘s tech titans.

  • FACTBOX - Who will get rich from Twitter's IPO?

    FACTBOX - Who will get rich from Twitter's IPO?

    Here is a list of the number of shares owned by some of the people and investment firms that will benefit most from the offering.

  • Bill Gates tops Forbes rich list again

    Bill Gates tops Forbes rich list again

    The annual Forbes 400 wealthiest Americans list showed that total wealth climbed 19 percent in the last year to USD 2.02 trillion, up from USD 1.7 trillion, with an average net worth per individual of USD 5 billion, up from USD 4.2 billion in 2012. It now takes USD 1.3 billion in assets just to get on the list.

  • China is minting billionaires at astonishing pace

    China is minting billionaires at astonishing pace

    Despite a deceleration in China's economic growth, the country hit a fresh record high in number of billionaires of 315 in 2013, comparted to 251 a year earlier.

  • China's wealth gap goes higher than warning levels

    China's wealth gap goes higher than warning levels

    The Gini Coefficient, which reflects the wealth gap between rich and poor, was at 0.474-level for China in 2012 - well above the warning levels

  • Rangarajan suggests higher tax for the rich

    Rangarajan suggests higher tax for the rich

    Chairman of Prime Minister's Economic Advisory Council C Rangarajan today said the rates of taxation be increased for the rich with a view to raising the tax-to-GDP ratio.

  • Majority of rich want to tax themselves more: Poll

    Majority of rich want to tax themselves more: Poll

    House Republicans are opposing tax increases on anyone - whether it's Americans making USD 250,000 or USD 1 million or more a year.

  • China's rich may be loving luxury goods too much

    China's rich may be loving luxury goods too much

    Markets have been trying for months to figure out whether China's love affair with luxury may be cooling.

  • Downturn? Not in first class, say China's shoppers

    Downturn? Not in first class, say China's shoppers

    Rich Chinese tourists paying USD 40,000 to hunt elk in Utah or booking the entire first-class cabin for a family flight to France show China's economic slowdown has yet to thin the wallets or dull the appetites of its deep-pocketed elite.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347