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A strong family is not built with birthday parties, weekend

Italian candy maker Ferrero has agreed to acquire American cereal

NEW DELHI: The UK has joined Eutelsat’s 1.5 billion euro

Caffeine is found naturally within coffee, tea, and multiple energy

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A strong family is not built with birthday parties, weekend outings, or perfectly filtered photographs. It is built with truth, trust, shared effort, and a deep understanding of what really

Italian candy maker Ferrero has agreed to acquire American cereal giant WK Kellogg in a deal valued at $3.1 billion, the companies announced Thursday. The transaction includes the manufacturing, marketing

NEW DELHI: The UK has joined Eutelsat’s 1.5 billion euro (nearly $1.8 billion) capital raise, where Bharti Space is committing 150 million euro ($176 million), in a move that arms

Caffeine is found naturally within coffee, tea, and multiple energy drink formulations. Some supplements which promote weight loss and support workouts contain caffeine as an ingredient. The moderate use of

MUMBAI: RBI will conduct a record Rs 2.5-lakh-crore variable rate reverse repo (VRRR) auction on Friday as it seeks to absorb a persistent glut of liquidity in the banking system.

Bengaluru: TCS marked its first year-on-year decline in constant currency since the Sept quarter of FY21, with lacklustre performance attributed to weak macroeconomic conditions, cautious client sentiment, delayed decision-making, and

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NEW DELHI: The UK has joined Eutelsat’s 1.5 billion euro (nearly $1.8 billion) capital raise, where Bharti Space is committing 150 million euro ($176 million), in a move that arms

Bengaluru: TCS marked its first year-on-year decline in constant currency since the Sept quarter of FY21, with lacklustre performance attributed to weak macroeconomic conditions, cautious client sentiment, delayed decision-making, and

NEW DELHI: National Highways Authority of India (NHAI) plans to bid out 124 highways and expressway projects worth Rs 3.4 lakh crore in current financial year (2025-26). NHAI has put

MUMBAI: In a setback to Subhash Chandra and his family, shareholders of Zee Entertainment Enterprises rejected a Rs 2,237-crore capital infusion proposal, thwarting the founding clan’s attempt to increase ownership

Investor confidence in India’s unlisted securities market has taken a hit after HDB Financial Services’ Initial Public Offering was priced significantly below grey market expectations. The impact has rippled across

The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the

US added over 1,000 new millionaires daily in 2024, global net worth rises 4.6% led by financial market rebound, says UBS report

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US added over 1,000 new millionaires daily in 2024, global net worth rises 4.6% led by financial market rebound, says UBS report

The number of millionaires in the United States grew by more than 379,000 in 2024 — over 1,000 new dollar millionaires every day — accounting for nearly 40% of global millionaires last year, according to the 2025 Global Wealth Report published by UBS on Wednesday.The report said private wealth rose 4.6% globally, with the Americas registering an 11% increase, driven by a stable US dollar and strong equity market performance. The US remained the largest contributor to the rise in millionaire households worldwide, according to Reuters report.The surge follows a broader rebound in global wealth, after a dip in 2022 and a strong recovery across Europe, the Middle East and Africa in 2023.UBS defined “Greater China” as mainland China, Hong Kong, and Taiwan. In the sub-millionaire wealth bracket — individuals with net worths between $100,000 and $1 million — Greater China led with 28.2%, followed by Western Europe at 25.4% and North America at 20.9%.However, the report noted that the majority of global adults — over 80% — had a net worth below $100,000, while only about 1.6% had net wealth of $1 million or more.UBS projected that average adult wealth is likely to increase further over the next five years, led by gains in the United States, followed by Greater China.





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