India home to 103 billionaires; 6th largest globally

November 7, 2013

Mukesh-ambaniLondon, Nov 7: India has more number of billionaires than France, Saudi Arabia, Switzerland and Hong Kong and is home to the sixth largest group of super rich population in the world, says a report.

Moreover, the country's financial capital Mumbai with 30 billionaire, is among the top 5 'billionaire cities' globally, which was topped by New York that is home to 96 billionaires.

Hong Kong, Moscow and London make the top five with 75, 74 and 67 billionaires respectively.Notwithstanding the number of billionaires in India having decreased between July, 2012 and June, 2013, India still enjoys a decent 6th position in the top 10 league with 103 billionaires.

This list was topped by United States with 515 ultra-rich people, three times more than in China, which ranks second with 157 billionaires.

Germany, United Kingdom and Russia make the top five countries with a billionaire population of 148, 135 and 108 respectively.

According to the the wealth-X and UBS billionaire census report 2013, India's billionaire population has decreased by 5.5 per cent to 103 and the total billionaire wealth has fallen by USD 10 billion to USD 180 billion.

However, the world's population of billionaires continues to grow. Between July 2012 and June 2013, the number of billionaires has increased by 0.5 per cent, with their total wealth rising by 5.3 per cent.

Globally, there are 2,170 billionaires as of 2013, with a combined net worth of USD 6.5 trillion, more than the GDP of every country except the United States and China.

The report further noted that industrial conglomerates and pharmaceuticals are the first and second most significant industries for Indian billionaires.

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Agencies
February 11,2020

New Delhi, Feb 11 Congress's performance touched a record low in the Delhi Assembly election as the party bagged less than 5 per cent of the total votes polled and 63 of its candidates lost their deposits.

The party, which ruled Delhi for 15 years on the trot under former Chief Minister Sheila Dikshit, failed to open its account for the second consecutive assembly election in Delhi.

Only three of its candidates Arvinder Singh Lovely from Gandhi Nagar, Devender Yadav from Badli and Abhishek Dutt from Kasturba Nagar managed to save their deposits.

Security deposit of a candidate is forfeited if he/she fails to secure one-sixth of the total valid votes cast in a constituency.

Most of Congress candidates got less than 5 per cent of the total votes polled in their respective constituencies.

Delhi Congress chief Shubhash Chopra's daughter Shivani Chopra, who was the party candidate from Kalkaji, also could not save her deposit.

Former Delhi Assembly Speaker Yoganand Shastri's daughter Priyanka Singh also forfeited her deposit.

The party's campaign committee chairman Kirti Azad's wife, Poonam Azad, lost badly and stood fourth, polling only 2,604 (2.23) votes.

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News Network
April 14,2020

Thiruvananthapuram, Apr 14: Only three fresh COVID-19 cases were reported in Kerala on April 13, while 19 confirmed patients, who were undergoing treatment, tested negative for the infection, according to the COVID-19 Outbreak Control and Prevention State Cell, Health and Family Welfare Department, Kerala government.

As of Monday evening, there are just 178 positive COVID-19 cases in the State.

Twelve patients from Kasargod district, three each from Pathanamthitta and Thrissur districts, and one from Kannur district are among those who have recovered from COVID-19 and tested negative.

To date, there have been a total of 378 confirmed cases of coronavirus in Kerala.
Meanwhile, Kerala Chief Minister Pinarayi Vijayan has demanded that State Relief Funds be made eligible for Corporate Social Responsibility (CSR) funding by making changes to the Companies Act.

Addressing the media, the Chief Minister said, "The Government of Kerala is of the opinion that contributions to the Chief Minister's Disaster Relief Funds should be included as an eligible expenditure under CSR. In a federal setup, the Relief Funds set up by the States for a public purpose cannot be excluded from the eligibility criteria when the same is available for a Central Fund set up with similar objectives and aims."

The Kerala CM said that he has written to the Prime Minister in this regard urging him to make the necessary changes.

Vijayan once again reiterated the demand of the State government to bring back stranded Keralites from overseas and added that, "We will extend all possible help and support to the Pravasi Malayalees when they come back also including rehabilitation of those who would lose their jobs in the backdrop of the pandemic outbreak."

He added that a decision on extending the lockdown in the State will be taken after taking into account the decision of the Central government in the address by the Prime Minister scheduled for April 14.

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AJS
 - 
Tuesday, 14 Apr 2020

HATS-OFF TO BOLD CHIEF MINISTER OF KERALA MR. VIJAYAN... BAHUBALI

THE ONLY CHIEF MINISTER TO APPROACH GCC FOR HIS PEOPLE.... A ROLL MODEL FOR OTHER STATES AND CENTER

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News Network
May 20,2020

New Delhi, May 20: With 5,611 new cases reported in the last 24 hours, India's COVID-19 tally reached 1,06,750 on Wednesday, according to the Union Ministry of Health and Family Welfare.

As many as 140 deaths have been reported in the last 24 hours, taking the total number of deaths to 3,303.

Out of the total cases, 61,149 are actives cases and 42,298 patients have been cured/discharged/migrated.

Maharashtra continues to remain the worst-affected state with 37,136 cases, followed by Tamil Nadu (12,448 cases), Gujarat (12,140 cases), and Delhi (10,554 cases).

The nationwide lockdown imposed as a precautionary measure to contain the spread of coronavirus has been extended till May 31.

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