Bill News
Equity analysis: India’s billionaire boom isn’t a sign of a hunky-dory economy
The country is an outlier when assessed by the growth in its count of billionaires. This reflects deep structural problems and raises questions about an economic model that has yielded little shared prosperity.
4 min read26 Mar 2025Raghuram Rajan: Who says the dollar is an exorbitant burden for America?
The claim by key members of Trump’s economic advisory team, such as Stephan Miran, that the US currency’s attractiveness is an exorbitant burden rather than privilege remains unpersuasive. Here’s why.
5 min read16 Mar 2025Pakistan Train Hijacking Ends With More Than 50 People Killed
Pakistani security forces killed all 33 insurgents who have been holding a train and its passengers captive since Tuesday, putting an end to an embarrassing security failure for Prime Minister Shehbaz Sharif. The government also said 21 of the hostages had been killed by militants.
2 min read13 Mar 2025Nike Turns To Kim Kardashian For A Rare Collaboration: Can NikeSKIMS Help Up Their Game?
Nike has been pushing hard to reverse the slump they’re in. Their sales are down, and their stock had lost over a quarter of its value over the last year. In October, a new CEO took the reigns to try and turn Nike around - and Elliott Hill seems to be determined to make this happen. Nike’s super bowl ad put women athletes at the centre stage - and Nike’s working on exactly this approach for their next big bet. Cue none other than Kim Kardashian! In a rare business deal, Nike is partnering with Kardashian for a whole new brand called NikeSKIMS - here’s all you need to know about it
20 Feb 2025Mint Quick Edit | Can India’s sovereign bonds attract more foreign inflows?
It’ll be good if Sebi eases the path for foreign investors looking to invest in government securities. Especially since rising US Treasury yields after Trump’s win and a strengthening dollar are reducing the relative appeal of Indian paper.
1 min read13 Jan 2025India must do more to tax its super-rich, France’s Piketty says
INDIA-ECONOMY/PIKETTY (CORRECTED, PIX):CORRECTED-India must do more to tax its super-rich, France’s Piketty says
1 min read16 Dec 2024World’s Richest 2024: Mukesh Ambani, Gautam Adani out of Bloomberg $100 billion club amid business challenges
World’s Richest 2024: India’s richest people Mukesh Ambani and Gautam Adani have both dropped out of Bloomberg’s $100 billion club amid business challenges. While Ambani’s Reliance faces slowing growth and rising debt concerns, Adani contends with a US probe impacting his empire.
1 min read16 Dec 2024Salinas Loses $5.5 Billion in a Day on Elektra Slump
Shares of Grupo Elektra tumbled 71% on Monday as trading resumed following a months-long halt, wiping off $5.5 billion from the fortune of billionaire Ricardo Salinas Pliego and pushing him out of the world’s top 500 wealthiest list.
2 min read3 Dec 2024Hurun Rich List: ByteDance’s Zhang Yiming tops China list with $43.9bn wealth… how does he compare to Mukesh Ambani?
Hurun Rich List: ByteDance’s Zhang Yiming tops the China 2024 list with $43.9 billion in wealth, followed by Ningfu Spring’s Zhong Shanshan. But how do they compare to Mukesh Ambani? And how does the overall billionaire scenario look between India and China? Take a look.
2 min read30 Oct 2024Tesla Owner Elon Musk Got Richer by $33 Billion in a Day; Here’s What Happened
The world’s richest man, Elon Musk, got richer by another $33.5 billion. On October 24, Elon Musk-owned Tesla saw its biggest share gain in over a decade as they surged over 22%, pushing Elon Musk’s net worth to $270 billion. Tesla stocks jumped after the world’s largest EV maker released its third-quarter earnings, which showed its largest quarterly profit since the summer of 2023. Watch for more details!
25 Oct 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared