Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List.
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list.
.
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list.
.
According to the Hurun Research Institute's
global rich list, India's financial capital
registered 92 billionaires in 2024.
.
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97.
.
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97.
.
According to the report, there are a total
of 3,279 billionaires globally in 2024,
an increase of 5% compared to 2023.
.
NBC reports that China as a whole still has the
most billionaires overall with 814 in 2024, but
the country lost 155 billionaires compared to 2023.
.
China had a bad year.
Wealth creation in China has gone
through deep changes these last few
years, with the wealth of billionaires
from real estate and renewables down, Hurun Research Institute's global rich list report, via NBC.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
According to the report, artificial intelligence
played a significant role in increasing the
number of ultra wealthy people in the U.S. .
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
... the billionaires behind Microsoft,
Google, Amazon, Oracle and Meta
have seen significant surges in
their wealth as investors bet
on the value generated by AI, Hurun Research Institute's global rich list report, via NBC
Ujjwal Nikam is best known for handling high-profile criminal cases, including the 26/11 Mumbai terror attacks trial of Ajmal Kasab and the 1993 Bombay blasts.. DNA
Rising violence by political activists in Mumbai, asserting Marathi prestige, has instilled fear among service providers and small business owners, particularly.. IndiaTimes
Uddhav Thackeray claims a conspiracy exists to defame Maharashtra CM Devendra Fadnavis. This follows an incident where Shiv Sena MLA Sanjay Gaikwad slapped a.. IndiaTimes
Maharashtra CM Devendra Fadnavis has denounced Shiv Sena MLA Sanjay Gaikwad for assaulting canteen workers at the Akashwani MLA hostel in Mumbai. Fadnavis said.. IndiaTimes
A Delhi court has extended the judicial custody of Tahawwur Hussain Rana, a key accused in the 2008 Mumbai terror attacks, until August 13. Rana, extradited from.. IndiaTimes
Tensions rise in the South China Sea as a top U.S. Navy commander delivers a bold statement, declaring that China is facing increasing resistance from regional powers and that āno nation will surrenderā to Beijingās maritime ambitions. The remarks, seen as a direct warning to China, come amid a surge in joint naval drills, freedom of navigation operations, and growing pushback from countries like the Philippines, Vietnam, and Japan.
#SouthChinaSea #ChinaPhilippinesTensions #PhilippinesSouthChinaSea #ChinaInSouthChinaSea #SouthChinaSeaDispute #ChinaVesselsSouthChinaSea #PhilippinesVsChina #SouthChinaSeaCrisis #ChinaFishingVessels #SouthChinaSeaStandoff #SouthChinaSeaNews #ChinaPhilippinesConflict #SouthChinaSeaUpdate #BeijingMaritimeClaims #IndoPacificTensions
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In a high-stakes meeting amid growing trade hostilities, U.S. Secretary of State Marco Rubio met Chinese Foreign Minister Wang Yi in Kuala Lumpur during the East Asia Summit. This marked Rubio's first Asia visit since taking office, aiming to reaffirm U.S. presence in the Indo-Pacific. However, Trump's sudden tariff offensiveāslapping 25-40% duties on major Asian economiesāhas intensified regional friction. China condemned the U.S. move as "bullying behavior," warning nations against cutting Beijing from global supply chains.
Rubio also discussed security and tech cooperation with Japanese, South Korean, and Southeast Asian leaders. While Rubio remained tight-lipped during the talks, Wang launched a blistering critique of U.S. policies. Meanwhile, ASEAN ministers voiced alarm over trade disruptions, signaling a tilt toward diversification. With deadlines looming and diplomacy on edge, the clash of giants over Asiaās future has just begun.
#Rubio #WangYi #USChinaTensions #TradeWar #ASEAN #IndoPacific #TrumpTariffs #ChinaTrade #AsiaSummit #KualaLumpur #GlobalEconomy #MarcoRubio #ChinaPolicy #USForeignPolicy #TariffWar #BilateralTalks #Geopolitics #SupplyChain #EastAsiaSummit #WTO
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In a startling revelation, a French maritime intelligence company has revealed that a hidden Chinese vessel entered the Indian waters in the Bay of Bengal,.. DNA
Beijing has launched a fiery response to the U.S. President Donald Trumpās announcement of a sweeping 50% tariff on Chinese copper imports, calling the move reckless and ādangerous.ā Chinese officials accused Trump of reigniting an aggressive trade war that threatens global markets and bilateral stability. The steep tariff, aimed at curbing China's industrial advantage, has rattled commodities markets and sparked warnings from economists about potential supply chain disruptions.
#TrumpTariffs #TrumpVsChina #ChinaTariffs #USChinaTradeWar #TrumpTariffs2025 #TrumpChinaTrade #TariffsOnChina #TrumpTradeWar #USChinaTariffWar #TrumpChinaDeal #TrumpTariffPolicy #ChinaResponseToTariffs #TrumpTariffsExplained #TrumpTariffWar #USChinaTensions
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In a bold display of military preparedness, Taiwan has launched large-scale live-fire drills under its annual "Han Kuang" military exercise. These drills, the biggest in the island's history, include the debut of U.S.-made M1A2T Abrams tanks and a record mobilisation of reservists. President Lai Ching-te personally oversaw the training, asserting Taiwanās readiness to defend against any Chinese aggression.
Drones, tanks, and innovative new combat tactics were put to the test over the 10-day drill. With tensions escalating in the Taiwan Strait, this unprecedented military build-up sends a sharp message to Beijing. While China continues to ramp up pressure, Taiwan's latest exercises showcase not only resolve but modernization in warfare. The Han Kuang drills aren't just defensiveāthey're a signal that Taiwan is preparing for the unthinkable and doing so with Western-backed firepower.
#TaiwanChinaTensions #TaiwanMilitaryDrills #HanKuangExercise #AbramsTanksTaiwan #ChinaThreat #TaiwanDefense #LiveFireDrills #TaiwanArmy #M1A2TAbrams #LaiChingTe #TaiwanWarPrep #USArmsTaiwan #IndoPacificSecurity #TaiwanStraitCrisis #ChinaInvasionFear #TaiwanDrones #ReservistMobilisation #TaiwanWarGames #TaiwanUSAlliance #DefendingTaiwan
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During an Oval Office meeting with South African President Cyril Ramaphosa, Donald Trump lashed out at NBCās Peter Alexander over a question about a $400 million private jet gifted by Qatar. Instead, Trump redirected the conversation to what he claimed was the āgenocideā of white South African farmers, presenting a controversial video and accusing Alexander of ignoring white suffering. The tense moment highlighted Trumpās continued push on racially charged narratives, refugee decisions, and diplomatic theatrics involving U.S. allies and global perception.
#Trump #NBCNews #PeterAlexander #SouthAfrica #QatarJet #WhiteFarmers #KillTheBoer #OvalOffice #CyrilRamaphosa #TrumpRage #USPolitics #Qatar #RefugeePolicy #RacePolitics #MediaClash #PressFreedom #BoerGenocideClaims #TrumpNews #BreakingNews #QatarGift #USDiplomacy #TrumpControversy #NBCReporter #WhiteGenocideClaim #SouthAfricaNews #TrumpSpeech #PoliticalDrama #WorldNews #TrumpVsMedia #OvalOfficeDrama #ViralMoment
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In a major trade announcement, White House Press Secretary Karoline Leavitt confirmed that President Trump will be sending official notifications to approximately 12 countries regarding upcoming changes in trade negotiations. Speaking to reporters, Leavitt emphasized that these communications will come directly from the President and are designed to secure āthe best deals for the American people and the American worker.ā The move signals a renewed push by the administration to rewrite trade terms viewed as unfavorable or outdated. While Leavitt didnāt name the countries involved, sources suggest key partners in Asia, Europe, and Latin America may be included. The administrationās strategy reflects Trumpās longstanding pledge to put American industry first and reshape the global trade landscape. Critics warn the strategy could strain diplomatic ties, but Leavitt made it clear: the President is doubling down on economic nationalismāone letter at a time.
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s the 14th Dalai Lama celebrates his 90th birthday, the long-simmering issue of his succession has erupted, placing India and China in a diplomatic standoff. Speaking to followers during long-life prayers in McLeod Ganj, the Tibetan spiritual leader expressed his hope to live beyond 130 years to continue serving humanity. However, the focus has sharply shifted to the political and spiritual battle over who will be his successor.
The Dalai Lama has unequivocally stated that his next incarnation will be born in a "free country," a clear rejection of any successor chosen or approved by the Chinese government. This declaration reignites a major point of contention for Beijing, which insists the process must adhere to "Chinese laws and historical practice." This has prompted a stern warning from China's Foreign Ministry, cautioning India to avoid "interference" in Tibet-related matters that could damage fragile bilateral ties between the two Asian giants.
India, which granted asylum to the Dalai Lama in 1959 after he fled a failed uprising in Tibet, has maintained a consistent position. New Delhi has stressed that the matter of succession is a religious one and that only the Dalai Lama and his trust have the right to decide. This stance has not appeased Beijing.
The situation leaves the Tibetan community in a precarious position, with widespread fears that China will attempt to install a "fake" Dalai Lama to legitimize and tighten its authoritarian control over Tibet. The Dalai Lama's firm stance, India's diplomatic tightrope walk, and China's assertive warnings have set the stage for a major geopolitical flashpoint.
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Engine fuel cutoff moments before Air India plane crash, preliminary report reveals
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