India's first display fab to be set up in Telangana with investment of Rs 24,000 crore. Rajesh Exports, a gold retailer based in Bangalore, has announced plans to invest $3 billion to build India's first display manufacturing plant.
According to Bloomberg Billionaire Index, Mukesh Ambani's net worth has risen to $99.7 billion, while Gautam Adani's net worth stood at $98.7 billion. Mukesh Ambani is ranked the eighth richest person in the world as per the Bloomberg Billionaire index. In India as well as in Asia Reliance Industries Limited's chairman Mukesh Ambani is the richest.
The World Bank has slashed its growth forecast for India for the current financial year to 7.5 percent, a hefty 1.2 percentage points down from its previous forecast of 8.7 percent.
EXAMIANS