According to a recent report by UBS, the total wealth of Indian billionaires saw an impressive growth of 42%. But what's the story behind this growth?
What's Happening?
UBS recently released its Billionaire Ambitions Report 2024, revealing that the number of Indian billionaires surged by 123% over the last decade, rising to 185 in FY 2023-24, a significant achievement. During the same period, their wealth increased by 263%. In the past fiscal year alone, the number of Indian billionaires grew from 153 to 185. According to the report, Indian billionaires have seen a 263% increase in wealth over the last decade.
Factors Behind the Wealth Surge
Bu hikaye The Free Press Journal dergisinin December 17, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Free Press Journal dergisinin December 17, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
'Army Mela' in Pune from Jan 3
The Indian Army's Southern Command is organising the prestigious Army Day Parade 2025 in Pune on Jan 15. It's the first time that the city will host this iconic event.
Illegal stay: 2 held in Thane
THANE
NGT clears 2 BSV units in pollution case
The decision came after detailed scrutiny of the claims and counterclaims regarding pollution in Chikhloli Dam.
₹5L lost in 'sim swap' fraud
The police are on the lookout for an unknown scammer who cheated a 32-year-old man from Bhandara of Rs5.30 lakh in a suspected sim swap fraud.
Airoli set to be among best biz districts in MMR
Airoli's seamless connectivity less travel time to key business hubs and the upcoming Navi Mumbai International Airport
Centre for equal access to quality edu
MIRA-BHAYANDAR
BMC rapped after judges note illegal hoardings outside HC
The Bombay High Court on Wednesday pulled up the BMC for its failure to curb the menace of illegal hoardings and banners, which have now come up right outside the court building in Fort.
Unitree's G1 Humanoid robot showcased at IIT-B's Techfest
Focus on transforming India into a global innovator
Three black spots in full view to curb accidents
DEADLY BLACK SPOT | High risk traffic junctions on WEH are undergoing significant improvements to enhance road safety; week-long design trial conducted earlier this month to identify optimal solutions; move aimed to reduce accidents, fatalities
POCSO case as teen's obscene photos leaked by classmate
The Amboli police have booked a teen school boy under the Protection of Children from Sexual Offences (POCSO) Act for circulating obscene photos of his 14-year-old classmate among other students in the school and a private coaching centre.
