0 LIKES LikeUnLike
India's 40 Richest people; The global financial crisis has hit the subcontinent hard--the wealthiest Indians are worth 60% less than a year ago. These are painful times for India's richest as the ongoing global turmoil drastically reshapes their fortunes. The country's once soaring stock market fell 48% in the 12 months, the rupee depreciated 24% against the dollar and gross domestic product growth is expected to slow down to 7.5%, partly owing to double-digit inflation. All of this conspired to knock 60% off the combined fortunes of the nation's 40 wealthiest. Their total net worth fell $212 billion, to $139 billion, down from $351 billion a year ago.It won't be long before things bounce back and watchout india will be leading the richest list again
Tags: 40, Indias, people, richest
Report (0) (0) | 12 years, 8 month(s) ago
Latest activity: 15 years, 2 month(s) ago. This question has 6 answers.