The global ultra-high net worth individual (UHNI) population is currently at record highs, with nearly 200,000 individuals collectively worth $28 trillion ans majority of the super rich reside in North America, followed by Europe and then Asia.<br />
Using the SBI prime lending rate as a proxy, Morgan Stanley found that elections haven't really driven a visible change in the rates
By 2021, the urban population is expected to increase to nearly 500 million, totaling to about 35 percent of the total population of India. Hence, the total housing demand in the country by 2017 could be as high as 88.78 million units.
In blaming Modi for poverty lines, Sonia Gandhi overlooked the fact that it was her own party's government which curtailed the list of BPL families
ahul Gandhi, the general secretary of Congress Party and son of party president Sonia Gandhi, wins hands down when it comes to the wealth factor: with total declared assets worth Rs 9.6 crore, he's on top of the pack, followed by Arvind Kejriwal with declared assets worth Rs 2.14 crore and Narendra Modi's assets of just Rs 1.65 crore.
Akamai's State of the Internet report provides insight into key global statistics such as network connectivity and connection speeds, attack traffic, broadband trends and availability, and IPv6 adoption.
A recent report by Goldman Sachs pegs India's e-commerce industry value at $3.4 billion for 2013. With a country-wide internet penetration rate of only 16 percent, single-figure credit card penetration (2 percent) and a heavy bias for cash-on-delivery transactions (60 percent), India's stats pale in comparison to more mature markets like the US and China. (see table)<br />
In a report, rating agency Crisil gives us a dream scenario stating what India could have achieved if it grew by 9 percent instead of 6.5 percent a year.
Construction of the world's latest tower will begin in Saudi Arabia next week. Once finished, Kingdom Tower in Jeddah will stand a staggering 1 km high - over 568 feet taller than current Guinness world record holder Burj Khalifa in Dubai,which stands at 827 metres.<br />
Owning a car in India is getting expensive. And we're not talking about car prices.<br />
Over the next five years spending on bringing these wearable wireless consumer activity device collected data into healthcare big data analysis will grow to a $52 million market by 2019.
The data analytics move is part of the effort by Infosys to align the organisation to deal with the challenges thrown up by technological changes and evolving client needs.
Three of them-Infosys, TCS and HCL Technologies-have announced the results and they seem to have spread considerable bullishness in the market.
A report from Standard and Poor titled 'India's Election Is Pivotal For Its Sovereign Creditworthiness', the ratings agency breaks down just how bad India has ranked on issues like government effectiveness, corruption control and regulatory quality.<br />
The UPA government may have claimed to have lifted the economy, but a World Bank report clearly indicates that we may be the worst country in terms of poverty.
Faced with unprecedented levels of stressed assets, banks, led by the country's largest lender State Bank of India (SBI) sold over Rs 10,000 crore of bad loans to asset reconstruction companies (ARC) in March alone.<br />
As India goes to the polls, here's some more bad news for the UPA: Not only have the number of new project announcements in the fourth quarter of FY14 fallen sharply on a quarterly and yearly basis, the number of stalled projects are also on the rise, implying that already limping infrastructure development has come to a grinding halt.<br />
According to a World Bank report, India leads global remittances in the year 2013 with a whopping $70 billion in its kitty, of which $65 billion were earned from the country's flagship software services exports.
Having analysed the manifestos of different parties through this framework, we find that they are quite similar in their lofty ideals, significantly influenced by the "coal scam", but largely silent on the real issues (presumably left to be handled in their Energy Policies, to be drawn up only if they win).
According to a recent report by Goldman Sachs titled 'How India can become the next Korea', if India were to emulate the South Korean model and grow manufacturing at the same rate as South Korea did in the 1970s and 80s, it could add 1.4 percentage points to its GDP growth annually for the next decade.<br />
The ongoing polls have not only caused project delays but also pulled down sales of residential units in big cities as election financing is bleeding already cash-strapped real estate developers dry.<br />
In India, big reforms are brought on by crisis. The economic crisis of 2012-13 forced even the UPA to begin reform. The next government does not need to do anything spectacular to revive growth
Maruti Suzuki India Ltd is recalling over one lakh vehicles to replace the 'fuel filler neck', the carmaker said in a press release today.<br />
High voter turnouts are likely to have implications for the election results. Do they imply strong winds of change in India's political landscape?
As India goes to polls, brokerage Nomura has predicted four likely outcomes and decoded what each political outcome means for India's economy.<br />
FMCG players Hindustan Unilever, Dabur and Colgate may have ridden the rural wave for the last decade but the new growth area will not be rural but urban, which means players like Nestle, GCPL, GSK Consumer and Asian Paints are going to see maximum gains from the revival in urban consumption.<br />
All regions indicated a positive effect since the end of XP support stimulated the PC refresh of XP systems, finds Gartner.
In the last two general elections in 2004 and 2009, opinion polls have got their numbers wrong and the market, a report by J.P. Morgan points out.<br />
Electronics (34 percent) and accessories and apparel (30 percent) lead the pack. Surprisingly, books (15 percent) come in at a distant second, at only half the rate of clothes. Wrapping up the bottom are beauty and personal products, home and furnishing, healthcare and baby products.<br />