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For the first time ever, Mumbai has emerged as Asia's new billionaire capital, surpassing Beijing, according to the latest Hurun Research Institute report. The financial hub of India now boasts 92 billionaires, overtaking Beijing's count and solidifying its status as a thriving center for wealth creation. Here are the top highlights from the Hurun Global Rich List 2024 and the 10 richest people in 2024 - watch! Hurun Global Rich List 2024 - As per the Harun Global Richest List 2024, Mumbai was the fastest-growing billionaire capital in the world, adding 26 in the year and taking it to third in the world and Asia's billionaire capital. New Delhi broke into the Top 10 for the first time. Mukesh Ambani and his family kept the title of India's richest person. Here are the top Richest persons in India as per Harun Global Rich List 2024 Want to make your money go further & work harder for you? Here are 20 Personal Finance Strategies from Mint. Check out our new coffee table book authored by Neil Borate & the Mint Money team. Download your digital copy here! https://shorturl.at/dDUV1 Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you. Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx3pdg

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India's richest woman is the only woman in India's top 10 richest persons. The second on the list is actually the newest entrant to list of female billionaires in India. One of the top 10 Indian women billionaires is on the list of the top 10 globally, among self made billionaire women. Watch this video to know more about the women who have the most money in the country - from well-known names and faces to others who haven't really been in the spotlight much.

Delhi government's finance minister Atishi presented the Budget for the financial year 2024-25 in the state assembly on Monday, with an outlay of ₹76,000 crore. In her Budget speech, she made a slew of announcements for the welfare of the people of Delhi.

The $10 billion merger of Zee entertainment enterprises and and Japan's Sony corp would have created one of the India's largest media networks. But, this deal collapsed with an acrimonious ending, sending Zee's stock plummeting and Sony standing with a $90 million termination fees demand. Watch.

In S&P BSE SENSEX 50, UPL and Dabur India will be dropped and replaced by Bharat Electronics Ltd (BEL) and LTIMindtree.

Quick Commerce in India: The Hype, the Challenges, and the Future In recent years, there has been a lot of buzz and investment in the quick delivery app space in India. Swiggy Instamart, Blinkit, and Dunzo have all raised billions of dollars in venture capital and have promised to deliver groceries and other goods to customers in minutes. However, the reality is not as rosy as it seems. Several of these on-demand delivery apps are having difficulty remaining profitable and sustainable. Some businesses have already closed or reduced their operations. In this video we take a look at: Why Dunzo’s DOWNFALL Should Worry You! Reliance is Killing Dunzo? Dunzo: Will cash-strapped company see better days? | Business Case Study Swiggy Instamart, Blinkit, Reliance Jio, Dunzo Daily, 10 Minute Grocery Delivery is Scam? How 10-Minutes Delivery Startup Works? | Can Quick-Commerce Startups Become Profitable? The Future of Quick Commerce in India: Despite the challenges, the quick commerce market in India is still in its infancy. Some companies may be able to overcome these obstacles and succeed.

Inward foreign remittances to India surged by 26% to $112.5 billion in the last fiscal year, the highest growth in five years, driven by economic recovery post-pandemic. Leading contributors include the US, UAE, UK, Singapore, and others. The World Bank expects a slight slowdown due to subdued growth in OECD economies. In 2022, remittances were buoyed by strong oil prices in GCC countries and robust US labor markets. These remittances act as buffers against external shocks, making up 3.2% of India's GDP. Goldman Sachs predicts a stronger current account balance for India in 2023 due to robust remittance inflows. Despite global weaknesses, economists anticipate India's remittances to remain resilient this fiscal year.

India aims to achieve 50% non-fossil fuel installed capacity by 2030, according to Prime Minister Narendra Modi's address to G20 Energy Ministers. India has already surpassed its non-fossil installed electric capacity target, achieving milestones like connecting households with LPG and providing electricity to every village. The nation launched extensive LED distribution and agricultural pump solarization programs. It aspires to become a global hub for green hydrogen production and emphasized sustainable energy transition. Modi also highlighted the importance of low-cost finance for developing countries and proposed transnational grid interconnections for energy security. He introduced Mission Life to make individuals climate champions for a greener future.

India's startup scene has been rapidly growing over the years, contributing significantly to innovation and job creation in the country. Startups have been playing an active role in boosting the Indian economy, with their expansion being directly proportional to its development. According to the Economic Survey 2021-22, India has become the world's third-largest startup ecosystem, trailing only the United States and China.