Versuchen GOLD - Frei
Billionaires' wealth loses weight vs expanding GDP
Business Standard
|January 05, 2026
After strong gains between 2014 and 2021, India's billionaire promoters are now seeing a decline in their combined wealth as a per cent of the country's gross domestic product (GDP).
The combined net worth of these billionaire promoters, measured in dollar terms, fell 5 per cent in the calendar year 2025, compared with 7.5 per cent growth in India’s nominal GDP in dollar terms in FY25. As a result, their combined net worth as a per cent of the country’s GDP declined to 25.2 per cent in CY25 from 28.5 per cent a year earlier, marking the lowest level in three years.
The aggregate net worth of the country’s 176 dollar billionaires dropped to $984.2 billion during 2025, down from a record $1,036.2 billion at the end of December 2024. The billionaire club itself contracted, falling to 176 from 204.
Diese Geschichte stammt aus der January 05, 2026-Ausgabe von Business Standard.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business Standard
Business Standard
Stockbroker rules' revamp may broaden cross-regulator scope
Separate business units, sandbox timelines part of proposed changes
2 mins
January 07, 2026
Business Standard
Avoid maxing out on loan limit, maintain 20% valuation buffer
GOLD LOAN RISKS AMID HIGH PRICES
3 mins
January 07, 2026
Business Standard
Amazon Pay ties up with 7 entities for fixed deposits
Amazon Pay, the fintech arm of the e-commerce major, is expanding its fixed-income asset business with the introduction of fixed deposits (FDs) for its users through the fintech application.
1 min
January 07, 2026
Business Standard
Hudco, NHB-anchored fund for affordable rental housing
The NITI Aayog has proposed a dedicated fund under the National Housing Bank (NHB) and Housing and Urban Development Corporation (Hudco) to provide long-term financing for affordable rental housing.
1 min
January 07, 2026
Business Standard
'DIL-Sapphire merged entity to cross $1 bn annual revenue'
The combined entity formed from the merger of Devyani International (DIL) and Sapphire Foods India Ltd (SFIL) is likely to cross an annualised revenue mark of $1 billion, DIL Non-Executive Chairman, Ravi Jaipuria told analysts on Tuesday.
1 mins
January 07, 2026
Business Standard
We need capabilities across entire AI value chain: India AI CEO
India must develop capabilities across the entire artificial intelligence (AI) value chain to create a self-reliant AI ecosystem, rather than remain a consumer of global AI services, Abhishek Singh, chief executive officer of the IndiaAI Mission, said.
1 mins
January 07, 2026
Business Standard
RBI proposes to cap banks' dividend payout at 75% of PAT
‘The Reserve Bank of India (RBI) on Tuesday came up with a draft framework on declaration of dividend by banks, as it proposed capping dividend payout to shareholders at 75 per cent of their net profit — also called profit after tax (PAT).
1 min
January 07, 2026
Business Standard
Iran protests: Toll reaches 35, forces clash with protesters
Protesters angry over Iran’s ailing economy conducted a sit-in on Tuesday at Tehran’s Grand Bazaar, witnesses said, with security forces ultimately firing tear gas and dispersing demonstrators as the rest of the market shut down.
1 min
January 07, 2026
Business Standard
Thalapathy Vijay’s final act faces a last-minute twist
JANA NAYAGAN STALLS AT THE CENSOR BOARD WHILE POLITICS TAKES THE SPOTLIGHT OFF-SCREEN
2 mins
January 07, 2026
Business Standard
Green cave in Bastar district soon to boost tourism
The Chhattisgarh government will soon open to the public the rare green cave of Kanger Valley National Park in once Maoists-affected Bastar district.
1 min
January 07, 2026
Listen
Translate
Change font size