Five Indian women on Forbes billionaire list

March 3, 2015

New York, Mar 3: Five Indian women have made it to the Forbes list of the world's billionaires that saw a record number of women this year, although they still account for just about 11 per cent of the total.savitri jindal

The number of Indian women in this year's list witnessed an increase over last year, when only two Indian women were included on the Forbes billionaire list.

Globally also the number of women in the coveted rich list reached a record high. Of the total 1,826 billionaires, 197 are women, up from 172 in 2014; but women still account for just a small percentage -- 11 per cent of the total.

Among Indian women, Savitri Jindal & family was ranked 283 on the list with a networth of USD 5.3 billion in 2015, up from USD 4.9 billion in 2014. After a 3-year decline Savitri Jindal's O.P. Jindal group, which she chairs, has revived.

Indu Jain who chairs media conglomerate Bennett Coleman & Co, was placed at the 603 rank globally. Her networth stands at USD 3.1 billion.

Meanwhile, after a three year hiatus, Anu Aga regained her billionaire status on a jump in shares of engineering firm Thermax, in which she owns 62 per cent. Anu Aga was ranked 1,312 on the list with a fortune of USD 1.5 billion.

Others on the list include Vinod Gupta ranked 1,533 with a fortune of USD 1.2 billion. Wife of Qimat Rai Gupta, who died in November 2014, debuts on the Forbes Billionaires List after shares of Havells India rose 74 per cent in the past year, spurred by rising profits.

Kiran Mazumdar-Shaw, the founder of Biocon -- India's largest publicly traded biopharma firm which she built from a garage startup into a maker of drugs for diseases such as cancer and diabetes -- was placed at the 1,741 rank with a fortune of USD 1 billion.

Globally, Christy Walton, who inherited a stake in retailer Wal-Mart, retained the title of world's richest woman at USD 41.7 billion, followed by Liliane Bettencourt, the principal heiress to the L'Oreal cosmetics fortune in the second place with USD 40.7 billion.

The third richest woman is Alice Walton (USD 39.4 billion), daughter of Walmart founder Sam Walton and sister-in -law to Christy Walton.

Forbes, noted that many of the women among the billionaires ranks inherited their wealth from either their husbands or their fathers, while just 29 of the 197 women are self-made billionaires.

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News Network
March 30,2020

Thiruvananthapuram, Mar 30: The Kerala chapter of the Indian Medical Association (IMA) has said that the state government's decision to sell alcohol to those with a prescription from doctors for having withdrawal symptoms is not a scientific one.

"Scientific treatment should be given to those who have alcohol withdrawal symptoms. It can be treated at home or in hospitals with medicines. It is not scientifically acceptable to offer alcohol to such people instead," a statement by IMA said.
The IMA said that they have taken the matter up with Chief Minister Pinarayi Vijayan.

The association said that the doctors have no legal obligation to provide a prescription for alcohol.

"Writing a liquor prescription can result in the cancellation of the right to treatment. We have brought it to the notice of Chief Minister," it added.

IMA state president Dr Abraham Varghese and state secretary Dr Gopi Kumar said that scientific treatments are good for those with withdrawal symptoms and added that if other methods are adopted it will only complicate matters.

Kerala government had earlier said that it was considering the option of online sale of liquor in the state to those with a prescription from doctors.

The decision had come in the backdrop of a country-wide lockdown to prevent the spread of coronavirus.

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News Network
July 17,2020
New Delhi, Jul 17:  Congress leader Rahul Gandhi on Friday said that as India's COVID-19 tally has crossed 10,00,000 mark and issued a warning that by August 10, more than 20,00,000 people may be infected in the country. He called on the government to take concrete steps to control the pandemic.
 
Taking to Twitter, Gandhi marked his earlier tweet from July 14 that stated: "This week the figure will cross 10,00,000 in our country."
"The tally has crossed 10,00,000 mark. If COVID-19 continues to spread at the same speed, by August 10, more than 20,00,000 people will be infected in the country.
 
The government must take concrete, planned steps to stop the epidemic," he tweeted today.
With the highest single-day spike of 32,695 cases and 606 deaths, India's COVID-19 tally on Thursday reached 9,68,876, informed the Union Ministry of Health and Family Welfare on Thursday.
 
The total number of COVID-19 cases includes 3,31,146 active cases, 6,12,815 cured/discharged/migrated and 24,915 deaths. 

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News Network
January 6,2020

Jan 6: Senior Bharatiya Janata Party leader Subramanian Swamy on Sunday said the country's economy is not showing good signs though Prime Minister Narendra Modi has manifested tremendous leadership skills in fighting terror and in social welfare projects.

The fiscal decisions of the government have not yielded the desired results, the Rajya Sabha MP said here.

"Modi had shown tremendous leadership skill in fighting terror, in several social areas, micro areas like bringing toilets to every village home. But the economy is a complex system...," he said while taking part in a discussion.

While every minister is talking about a 5 trillion dollar economy by 2024, but the current GDP growth has to be multiplied in four years to achieve that, the former Union minister said.

He said, if wages are slashed as a measure to cope with the situation, labor will become cheap but that will also cut down the people's purchasing power triggering dip in demand, closing down factories and rise in unemployment.

"This is one problem for which you really need an economist," he said.

Swamy said in jest, "I think Modi has one problem with me. Not only I am an economist but also a politician."

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