The US has regained its position as the global leader in billionaires, surpassing China after a decade with 870 billionaires. India ranks third with 284 billionaires. New York remains the billionaire capital of the world, while Shanghai tops in Asia. Key sectors driving billionaire growth include Financial Services, Media & Entertainment, and Healthcare.
Related news
RCB's improved squad balance has been hailed by AB de Villiers after their impressive start in IPL 2025. With significant contributions from players like Bhuvneshwar Kumar, RCB have secured consecutive away victories against CSK and KKR. The team's depth and chemistry are major factors in their strong performance and promising start to the season.
Ahead of Alvida Juma and Eid-ul-Fitr, a peace committee meeting in Sambhal, UP, directed that prayers be held inside mosques and Eidgah, not on streets or rooftops. Loudspeaker permissions were denied, and officials assured that electricity and water issues would be resolved. The festival schedule includes Alvida Juma on March 28, Navratras from March 30, and Eid-ul-Fitr on March 31. Authorities pledged strict enforcement of guidelines.
Indian IT firms are exhibiting cautious hiring approaches amidst economic uncertainties and increased automation. While some firms saw slight headcount increases in the March quarter, overall hiring remains subdued compared to previous years. Companies are prioritizing cost efficiency and maximizing existing resources, leading to a challenging job market for college graduates, with expectations of flat hiring trends throughout 2025.
On the first day of the fourth Test of the Border-Gavaskar Trophy, Indian captain Rohit Sharma confronted Australian batter Marnus Labuschagne over running on the pitch. The incident led to a long exchange, with Labuschagne eventually agreeing. Washington Sundar later dismissed Labuschagne for 72 runs, setting the stage for an intense battle.
A gold-smuggling racket involving Kannada actor Ranya Rao, daughter of a senior IPS officer, has prompted the arrest of her friend Tarun K Raju. This has led to a political uproar and a demand for a state government probe into the misuse of police protocol services at the airport.
Ayatollah Ali Khamenei expressed cautious optimism regarding nuclear talks with the US, acknowledging effective initial stages while maintaining skepticism. He advised against over-reliance on the talks' outcome. Despite Trump's frustration over slow progress and warnings of potential airstrikes, Iran insists the next round will occur in Oman, amidst escalating nuclear program concerns.
Security forces initiated a large-scale combing operation in Surankote's Lasana village, Poonch district, following a brief exchange of fire with terrorists on Monday night. Additional troops have been deployed to prevent the terrorists from escaping as search operations continue. This follows the recent killing of three Jaish-e-Mohammad terrorists in Kishtwar and the death of a JCO in Keri Bhattal area.
Six more Indian nationals were rescued from a Myawaddy job scam and are awaiting deportation, bringing the total repatriated since July to 101. The Indian Embassy warns against accepting job offers in the Myanmar-Thailand border region without verification. These scams often involve cyber slavery, with victims lured via fraudulent online ads and trafficked through Thailand.
Delhi high court denied anticipatory bail to ex-IAS probationer Puja Khedkar, accused of fraudulently using OBC and disability quotas in the 2022 UPSC exam. Justice Chandra Dhari Singh cited a strong case against her, emphasizing the need to investigate the alleged conspiracy. The UPSC and Delhi Police opposed Khedkar's plea, accusing her of misrepresentation and seeking further attempts.
US President Trump is intensifying his trade war, imposing tariffs on India from April 2 for what he claims are unfair duties on US goods. While targeting China’s economic expansion, the resulting oversupply of cheap Chinese products is harming local industries globally. Countries like India are considering tariff reductions to avert a full-scale trade war.