People News

For the first time ever, Mumbai has emerged as Asia's new billionaire capital, surpassing Beijing, according to the latest Hurun Research Institute report. The financial hub of India now boasts 92 billionaires, overtaking Beijing's count and solidifying its status as a thriving center for wealth creation. Here are the top highlights from the Hurun Global Rich List 2024 and the 10 richest people in 2024 - watch! Hurun Global Rich List 2024 - As per the Harun Global Richest List 2024, Mumbai was the fastest-growing billionaire capital in the world, adding 26 in the year and taking it to third in the world and Asia's billionaire capital. New Delhi broke into the Top 10 for the first time. Mukesh Ambani and his family kept the title of India's richest person. Here are the top Richest persons in India as per Harun Global Rich List 2024 Want to make your money go further & work harder for you? Here are 20 Personal Finance Strategies from Mint. Check out our new coffee table book authored by Neil Borate & the Mint Money team. Download your digital copy here! https://shorturl.at/dDUV1 Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you. Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx3pdg

Zou said that the central bank will also strengthen its counter-cyclical and cross-cycle policy adjustments to create favorable financial conditions for the country’s economic growth.

The People's Bank of China (PBOC) said it was keeping the rate on 1.45 trillion yuan ($203.97 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.50% from the previous operation.

Fintech company's total revenue in H-1FY24 has risen to the tune of 464.84% YoY

On an average, Indian billionaires increased their wealth by 120%. While the bottom 50% continue to battle inflation, and saw their wealth depreciate during the exact same period. An obvious question this gives rise to is if India should consider taxing its super rich. But more on that later. OXFAM recently published a report called ‘survival of the richest’’ on the opening day of World Economic Forum in Davos, Switzerland. The report makes more such shocking claims. It goes on to say that the richest 1% of the country own more than 40% of India’s total wealth. Whereas the bottom 50% or 70 crore people own just 3% of India’s total wealth.

The day the Indian automotive industry was born, a name has always been on the top. Maruti Suzuki, also known as the people's car has been the country's top car maker for years now. Almost every household at some point has owned a Maruti Suzuki car. However, as per the recent developments, Maruti should probably take a step that it hasn't taken since introducing the first people car in 1983. #marutisuzuki #maruti #automobile #automotiveindustry #india #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze

Grim videos being shared from China's small towns highlight the tragedy its people are battling despite government's efforts to hide the truth.

Investing money in real estate has never been easy. So, today we will give you five reasons why you should invest in real estate.

Foreign holdings of Chinese government debt rose at the fastest pace in more than two years last month, with the spread between Chinese and USIn another nudge for the yuan to weaken, Beijing granted $3.4 billion in outbound investment quotas last month

The surge of activity stands in stark contrast to the rest of the world -- the global tourism industry is expected to lose at least $1.2 trillion in 2020 -- and underscores the relative strength of China’s economic recovery