According to the Forbes World’s Billionaires list published on June 17, Amazon founder and CEO Jeff Bezos has become the richest man in the world with a net wealth of $ 141.9 billion, followed by Bill Gates, the principal founder of Microsoft Corporation, who is the second-richest man in the world with $ 92.9 billion. Bezos’ wealth has grown more than $ 5 billion since June 1 to beat Bill Gates in wealth ranking. Warren Buffet, one of the most successful investors in the world, trailed in the third place with a total of wealth of $ 82.2 billion. Notably, Bezos officially became the richest person in the world earlier this year, and his business behemoth of online retailing, Amazon, grew into the second most valuable company in the world after Apple. Fortune’s last list release showed that Amazon ranked eighth on the 2018 list of America’s largest companies, with revenues of $ 177.87 billion.
Pandit Jasraj, a doyen of Hindustani classical music died in the U.S. after a cardiac arrest on August 17 at the age of 90. The music doyen leaves behind him a great legacy in the Hindustani classical music. He will be remembered for his great contributions and performances, especially the art of khayal singing with […]
Shaktikanta Das has been appointed the new governor of the Reserve Bank of India (RBI) a day after Urjit Patel stepped down from the position. Das, 61, is former finance secretary and currently a member of the federal finance commission, and one of India’s serving G20 representatives. Das supported demonetization and he was very visible […]
The Appointments Committee of the Cabinet (ACC) has approved for the appointment of Dr Krishnamurthy Subramanian, Associate Prof. and ED (CAF), ISB, Hyderabad, to the post of Chief Economic Adviser,” said a government notification. Subsequently, the government appointed ISB Hyderabad professor Krishnamurthy Subramanian as Chief Economic Adviser for a period of three years on December […]