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World’s 500 richest add record $336 billion to wealth in one dayThe world's richest saw a massive gain of $336 billion on June 15. Elon Musk's wealth surged significantly, boosted by SpaceX's strong mark...- Big push for new tax regime in Budget 2023: Who stands to benefit from the new tax ratesInvestment experts not enthused by proposals; feel intent to phase out deductions could backfire. The revised new tax regime offers a highe...
- Manish Sisodia on Budget 2023: It will only immerse India in debtManish Sisodia, the deputy chief minister of Delhi, referred the Union Budget 2023–24 as nothing more than a "jumla" and claimed that it wi...
- Is tax avoidance ethical? Asking on behalf of a few billionaire friendsInvestigative journalism outlet ProPublica says it has obtained a “vast cache” of information from the Internal Revenue Service that purpor...
- Budget 2021: What industry wantsIndia Inc wants a strong stimulus dose for the pandemic-hit economy in the upcoming budget to help it rebound from the Covid disruption
- FPIs turn net buyers; put in $6.3 billion in December quarterThis comes following a net outflow of $3.22 billion by FPIs in the quarter ended September 2019.
- Rollover data hint sentiment to remain weak in Aug; Nifty likely to test 11,000The Nifty has gone below 11,250-11,300 levels in the July series.
- India's superrich cut down on the use of personal jets & chartered aircraftFor the first time in three financial years, India Inc and the superrich in the country cut down on the use of personal jets and chartered ...
- Hideout for freedom fighters on the block in MumbaiBetween 1942 and 1945, Laxmi Nivas was one of the safe houses used by the freedom fighters to evade the British.
- Budget 2016: Small taxpayers get the biggest reliefLow-income taxpayers earning up to Rs 5 lakh a year to get an additional rebate of Rs 3,000.
- Most of India's richest people prefer Mumbai as homeAt 1,094, Mumbai has the most ultra-high-networth individuals in India, followed by Delhi's 545.
- Budget 2016: Triple taxation of profits could be avoided, says Raamdeo Agrawal, Motilal Oswal Fin ServicesThe budget has allocated Rs 36,000 crore for agriculture and farmer welfare. This holds the potential to boost overall consumption demand i...
- Budget 2016 attempts to achieve socialist objectives for the poor: Sudhir KapadiaSudhir Kapadia says that Budget 2016-17 clearly attempts to achieve socialist objectives for the poor at the cost of the ‘well off’
- How the superrich make sure their kids stay superwealthyThe first clue that this is no ordinary crowd of sulky teenagers comes when the instructor asks those who’ve invested in the market to rais...
- ICC World Cup brings bonanza for travel cos as 6,000 Indians fly to AustraliaDie-hard fans spending up to Rs 1.5 lakh for a minimum one match holiday while an Australian holiday costs about Rs 12 lakh
- Book review: Losing Our Way by Bob HerbertThis is not a depressive everyday Indian scenario, as many hapless countrymen may think, but distressing scenes coming straight from the wo...
- Kia Motors' luxury bid with K900 sedan needs some fine-tuningK900 sedan is Kia Motors Corp's attempt to swing for the fences, testing both the marketplace and consumers' viewpoints of luxury.
- How to give an international exposure to your stock portfolioAs recent events show, diversifying globally by investing in an international fund should be a normal part of everyone’s investments.
- Should the super-rich be taxed more?C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council, has called for higher taxes on persons with incomes beyond a spec...
- After Mumbai & Delhi, Bangalore home to richestBangaloreans are getting seriously rich, millionaires by the dollar yardstick. The city is the third largest hub for high-networth individu...
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