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News digest: Indian IT firms, PSB executives, textile output, and more

From rising wealth to migrants' exodus from Gujarat, BS brings you the top stories

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BS Web Team
Wealth rising, but not everyone sharing this growth

The latest global wealth study by Credit Suisse highlights the lopsided growth in India, the world’s fastest-growing major economy. While the country ranks sixth globally in terms of the ultra-rich population — those with wealth in excess of $50 million — it is also one of the highest contributors to the world’s adult population with base-tier wealth (less than $10,000, or about Rs 730,000). Read More

Slowing spends cast shadow on Indian IT firms
IT services spending worldwide in 2019 is projected to cross $1 trillion (Rs 73.5