Page 3 - Money
State of the Indian economy: Unequal, uneven distribution of wealth
The income gap between states is growing and the pain of inflation is worse for those falling behind
 "State of the Indian economy: Unequal, uneven distribution of wealth")
Chile: Man, who got paid 286 times his salary, resigns and disappears
To retrieve the money, the company has now reached out to various agencies and registered a complaint against the employee
 "Chile: Man, who got paid 286 times his salary, resigns and disappears")
Collective wealth of top 500 billionaires soared more than $1 trn in 2021
The gains mean there are now a record 10 fortunes in excess of $100 billion, more than 200 above $10 billion
 "Collective wealth of top 500 billionaires soared more than $1 trn in 2021")
Excess money in cash ledger refundable even two yrs after paying GST: CBIC
Decision will ease cash flow of companies as govt lifts time bar. Earlier, assessees could not take refund of this money after two years
 "Excess money in cash ledger refundable even two yrs after paying GST: CBIC")
Apple offers 20% bonus in India for adding money to Apple ID
Users are being notified about a 20 per cent bonus when adding funds to an Indian Apple ID account, citing a developer on Twitter
 "Apple offers 20% bonus in India for adding money to Apple ID")
Fall in travel, an unequal regulatory regime hit fortunes of money changers
The money-changing business was by no means booming before the pandemic; it has been evident for some time now that technology will reshape the business
 "Fall in travel, an unequal regulatory regime hit fortunes of money changers")
 "FINANCIAL FREEDOM, AS THE TOP-NOTCH TRADER ANISH SINGH THAKUR SUGGESTS IS THE NEED OF THE HOUR FOR THE YOUTH")
Because it's your money, not mine
The next time you invest with a fund house do inquire if the portfolio manager has skin in the game
 "Because it's your money, not mine")
Use real-life lessons to teach kids about savings and investments
A child should understand that earning money is essential
 "Use real-life lessons to teach kids about savings and investments")
Time value of money
Three reasons may be attributed to the individual's time preference for money - risk, interest earning potential and preference for consumption.
 "Time value of money")
Printing more money isn't the answer to all economic issues
The 2008 recession shook the economic world. Our theories need more work
 "Printing more money isn't the answer to all economic issues")
Demonetisation blues: Turmoil in realty, gold loses sheen, markets hit hard
Expect more volatility in the coming year as the economy and markets price in demonetisation drive
 "Demonetisation blues: Turmoil in realty, gold loses sheen, markets hit hard")
Indian money in Swiss banks dips 33% to Rs 8,392 cr
The funds held by Indians with Swiss banks stood at a record high of CHF 6.5 billion (Rs 23,000 crore) at 2006-end
 "Indian money in Swiss banks dips 33% to Rs 8,392 cr")