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Mukesh Ambani retains top position on Forbes’ list with net worth of $105 billion

The Statesman Bhubaneswar

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October 10, 2025

Mukesh Ambani, chairman and managing director of Reliance Industries Limited (RIL) retained the top position on Forbes list of India’s hundred richest people with anet worth of USD 105 bn.

- STATESMAN NEWS SERVICE

Gautam Adaniand his family retained the second spot with a fortune of USD 92 bn. Last month, Gautam Adanireceived areprieve when the Securities and Exchange Board of India (SEBI) stated that allegations by Hindenburg Research of fraudulent transactions could not be substantiated.

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The Statesman Bhubaneswar

Decoding PM Narendra Modi's warning on gold purchase

Prime Minister Narendra Modi on Sunday urged citizens to reduce spending on petroleum products, oil, foreign travel and gold to help conserve India’s declining foreign exchange reserves.

time to read

1 mins

May 12, 2026

The Statesman Bhubaneswar

Share prices of jewellery companies tumble after PM Modi appeals to avoid unnecessary gold purchases

Prime Minister Narendra Modi has appealed to citizens to avoid unnecessary gold purchases for \"one year\" apart from other measures to conserve foreign exchange reserves, amid the ongoing crisis in the Middle East region.

time to read

1 mins

May 12, 2026

The Statesman Bhubaneswar

Centre announces July 2026 rollout of Viksit Bharat GRAM G Act replacing MGNREGA

In a sweeping restructuring of India’s rural employment framework, the Centre on Monday announced that the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 (VB-G RAM G Act), will come into effect from 1 July, 2026, replacing the nearly two-decade-old Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).

time to read

1 min

May 12, 2026

The Statesman Bhubaneswar

Wage Illusion

India’s labour debate has long been trapped between two extremes. One side argues that higher wages inevitably kill jobs. The other assumes better pay alone can solve worker distress.

time to read

2 mins

May 12, 2026

The Statesman Bhubaneswar

We just weren't good enough: Jayawardene on MI's disappointing IPL 2026 campaign

Mumbai Indians’ IPL 2026 campaign officially came to an end after a heartbreaking last-ball defeat to defending champions Royal Challengers Bengaluru, leaving head coach Mahela Jayawardene to admit that the five-time champions were simply “not good enough” this season.

time to read

2 mins

May 12, 2026

The Statesman Bhubaneswar

Discouraging SK corruption

While power tends to corrupt, hearing that this applies even to the young and affluent may be reason enough to rethink early exposure to politics through the Sangguniang Kabataan (SK).

time to read

2 mins

May 12, 2026

The Statesman Bhubaneswar

How is Education Shifting from Marks to Meaning?

Education today is not what it used to be. It is changing quietly but steadily.

time to read

2 mins

May 12, 2026

The Statesman Bhubaneswar

Indian Railways utilised 98 pc of its budget for FY26: Ashwini Vaishnaw

Union Minister for Railways, Ashwini Vaishnaw, said the Indian Railways has utilised 98 per cent of its budget for FY26, reflecting the pace of execution of projects.

time to read

1 mins

May 12, 2026

The Statesman Bhubaneswar

PM Modi’s leadership reviving India’s Sanatan heritage: Chhattisgarh CM

Chhattisgarh Chief Minister Vishnu Deo Sai on Monday said that Prime Minister Narendra Modi’s leadership has given renewed recognition to India’s Sanatan traditions and spiritual heritage.

time to read

1 min

May 12, 2026

The Statesman Bhubaneswar

Bioenergy, green hydrogen top govt priorities amid global tensions, says Shaktikanta Das

Prime Minister Narendra Modi’s Principal Secretary and former RBI Governor Shaktikanta Das on Monday said bioenergy and green hydrogen would remain among the Centre’s top priorities as India focuses on strengthening energy security and economic resilience amid rising geopolitical tensions.

time to read

1 min

May 12, 2026

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