Former UBS asset manager Helmut Jonen earned a salary of over $322,000 (£253,818) annually over a decade ago. However, he quit the bank once his passive income from investment dividends reached north of $257,000, or 80% of his UBS salary. He achieved this milestone at the age of 52. “This year, I will probably earn … Read more
Star couple Athiya Shetty and KL Rahul have joined hands with some of the biggest names in cricket to raise funds for Vipla Foundation which was earlier known as Save The Children India for their special needs school in BKC, Mumbai. The couple has brought together renowned and respected cricketers like Rahul Dravid, MS Dhoni, … Read more
MGNREGS work demand does not directly correlate with increased rural distress at a micro-level and data from Financial Year 2024 shows states like Kerala and Tamil Nadu, with relatively lesser poor population, use more funds under the flagship rural employment scheme, according to the Economic Survey. The survey found there is a marked variation in … Read more
The Minister of Works, David Umahi, has debunked rumours in the media claiming that the Federal Executive Council (FEC) stepped down inherited road projects. During a meeting with contractors in Abuja, Mr Umahi said that such information was misleading, adding that neither President Bola Tinubu nor FEC gave that directive. President Bola Tinubu He said … Read more
New Delhi: Japanese automobile company Suzuki Motor Corporation’s subsidiary Next Bharat Ventures IFSC Private Limited on Thursday launched a Rs 340 crore investment fund — Next Bharat — that aims to act as a growth catalyst for the social impact startup ecosystem in India. Next Bharat is a social impact investment fund dedicated to fostering … Read more
Guwahati: Pema Khandu took oath as Arunachal Pradesh Chief Minister for the third straight term on Thursday. Soon after taking over he signed the first file approving release of funds to the tune of Rs 100 crore under the Chief Minister’s Social Security Scheme (CMSSS) benefitting about 80000 beneficiaries across the state. Governor Lt-Gen (Retd), … Read more
New Delhi: Venture capital (VC) firm Centre Court Capital (CCC) on Thursday launched a Rs 350 crore fund to revolutionise the country’s sports and gaming landscape. According to the company, the fund will back founders bringing innovative tech and push the boundaries of the sports and gaming ecosystem. Founded by Mustafa Ghouse, former CEO of … Read more
