Top 10 Richest Indian States: A Geographical Dive into Economic Power
1 month, 3 weeks ago

Top 10 Richest Indian States: A Geographical Dive into Economic Power

Live Mint  

The Hurun India Rich List 2024 highlights the state-wise distribution of the country’s richest people with the highest net worth. States with notable entries include Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Odisha, Chandigarh, Jharkhand, Uttarakhand, Karnataka, West Bengal, Tamil Nadu, Telangana, Gujarat, Delhi, Maharashtra, and Delhi. Karnataka ranks sixth, with 108 entries, up from 72 in 2020, driven primarily by Bengaluru’s booming IT and start-up sectors. West Bengal also marked significant growth, with 70 entries in 2024, compared to 32 in 2020, highlighting Kolkata’s expanding business landscape.

Mumbai Business Law Technology Finance  richest  sectors  reside  2020  entries  2024  individuals  indian  high  business  wealth  ranks  reflecting  wealthy  number  networth  check  states

History of this topic

Telangana 5th Largest Contributor to Indian Economy
2 weeks ago

Telangana 5th Largest Contributor to Indian Economy

Deccan Chronicle  

Mumbai: Telangana has slipped one place and is now the seventh largest contributor to the country’s economy for 2023-24 according to the Reserve Bank of India’s ‘Handbook of Statistics on Indian States’ released on Monday. The net state domestic product for Telangana rose to Rs 13.61 lakh crore from Rs 11.87 lakh crore in 2022-23, a growth of 15 per …

Opinion: Maharashtra, India's miracle state, finds itself at a crossroads
1 month ago

Opinion: Maharashtra, India's miracle state, finds itself at a crossroads

India Today  

Maharashtra, India's most prosperous and second most populous state, has been a marvel that has often defied the conventional tale of modern development. In 1947, at the time of India’s independence, the regions of West Bengal, Maharashtra, and Tamil Nadu led much of India's economic activity as large British presidencies. On the human capital front, the state traditionally possessed strong …

Richest and poorest Indian states: Which ones contributed the most GDP and had the highest income?
3 months ago

Richest and poorest Indian states: Which ones contributed the most GDP and had the highest income?

Hindustan Times  

Southern Indian states have surged ahead of northern states after liberalisation, in terms of contribution to India's GDP as well as having higher-than-average per capita incomes, according to a Business Today article which cited an Economic Advisory Council report to the Prime Minister released on Tuesday, September 18, 2024. Karnataka, Andhra Pradesh, Telangana, Kerala, and Tamil Nadu collective account for …

Per capita income in Telangana 193.6% of national average
3 months ago

Per capita income in Telangana 193.6% of national average

New Indian Express  

HYDERABAD: Relative per capita income in Telangana is now 193.6% of the national average, as per a working paper of the Economic Advisory Council to the Prime Minister, titled “Relative Economic Performance of Indian States: 1960–61 to 2023–24”. Meanwhile, Karnataka, Tamil Nadu, and Kerala have per capita incomes of 181%, 171% and 152.5% of the national average, respectively. An average …

Maharashtra economy expected to grow at 7.6%, dropped from 9.4% in 2022-23
5 months, 3 weeks ago

Maharashtra economy expected to grow at 7.6%, dropped from 9.4% in 2022-23

Hindustan Times  

Mumbai: Maharashtra's economy is projected to grow by 7.6% in the 2023-24 financial year, matching the growth rate of the Indian economy as a whole, according to the state's latest economic survey. Maharashtra's revenue receipts for 2023-24 stood at ₹4,86,116 crore, an increase from ₹4,05,678 crore in the previous year. On a more positive note, the state's irrigation potential increased …

Andhra and Telangana have many of India’s richest MP candidates
6 months, 3 weeks ago

Andhra and Telangana have many of India’s richest MP candidates

The Hindu  

The political parties in Andhra Pradesh and Telangana have fielded some of the richest politicians in the 2024 Lok Sabha elections. The TDP features first on the list of the top 10 parties with the highest average assets of candidates; the JSP and BRS feature third and fourth. The second richest in the fray, with assets worth ₹4,568 crore, is …

India’s rich list: Gargantuan numbers reveal the real story
8 months, 2 weeks ago

India’s rich list: Gargantuan numbers reveal the real story

Hindustan Times  

The latest Forbes list has indicated that the number of Indian billionaires is rising and the numbers have been astonishing. Yet another set of numbers have gone and underlined the fast rising rich list in India. The rising class of rich Indians According to the report, the number of high net worth individuals in the country, whose assets have been …

Telangana\'s 95 super rich worth Rs 4,98,000 crore
1 year, 1 month ago

Telangana\'s 95 super rich worth Rs 4,98,000 crore

Deccan Chronicle  

Hyderabad: The super rich club in Telangana is just five short of 100, a wealth report said on Monday. Out of 95 super rich, 23 people are the founders of the drug manufacturers with a combined wealth of Rs 1,88,600 crore. The healthcare sector has six super rich with a combined wealth of Rs 25,700 crore. Industrial manufacturing related sectors …

India’s per capita income to jump 70% by 2030, reach $4,000: Report
1 year, 4 months ago

India’s per capita income to jump 70% by 2030, reach $4,000: Report

Live Mint  

The per capita income of India is likely to grow around 70% by 2030 and is expected to reach $4,000 from current levels of $2,450, a research report by Standard Chartered Bank said. Telangana on top among states Telangana currently takes the top spot in the per capita income rankings with ₹2,75,443. However, the StanC report foresees a shift in …

People in smaller states fared better in consumption
1 year, 7 months ago

People in smaller states fared better in consumption

Deccan Chronicle  

HYDERABAD: In spite of global headwinds, India has registered a highest-ever collection of Goods and Services Tax in April, attesting the country’s impressive economic growth. According to the break-up of state-wise GST collection provided by the Union finance ministry, only six states have contributed more than Rs 10,000 crore to the coffers. Karnataka stood as the distant second in the …

Telangana among top 10 start-up job creators
2 years, 5 months ago

Telangana among top 10 start-up job creators

Deccan Chronicle  

Hyderabad: Wednesday was a proud day for Telangana in the Parliament, as it figured among the top 10 states and Union territories in job creation through start-ups and launching start-ups, according to the data tabled by the Centre. In terms of job creation, Telangana ranked seventh, while it ranked eighth for the launch of new start-ups recognised by the Union …

AP top achiever in India in ease of doing business, says central business report
2 years, 5 months ago

AP top achiever in India in ease of doing business, says central business report

Deccan Chronicle  

VIJAYAWADA: Andhra Pradesh has topped the Business Reform Action Plan 2020 Rankings in the Ease of Doing Business. While the Centre announced the names of seven states being the top achievers, Andhra Pradesh stood first in the country followed by Gujarat, Haryana, Karnataka, Punjab, Telangana and Tamil Nadu. Telangana is among the seven states categorized as top achievers in the …

Hurun India Rich List 2021: 3 from Hyderabad feature in 100 richest Indians
3 years, 2 months ago

Hurun India Rich List 2021: 3 from Hyderabad feature in 100 richest Indians

India TV News  

Telangana has the sixth largest number of billionaires in India while Hyderabad ranks fourth, according to Hurun India Rich List 2021. Three from Hyderabad have made it to the list of 100 richest Indians. Murali Divi, a US-trained scientist and founder of Hyderabad-based Divi Laboratories, a drug research firm is the richest Hyderabadi and 14th richest person in the country …

Maharashtra Has 56,000 Millionaire Households; Highest in India: Report
3 years, 9 months ago

Maharashtra Has 56,000 Millionaire Households; Highest in India: Report

News 18  

With 56,000 dollar-millionaire households, Maharashtra leads the country in wealth creation followed by Uttar Pradesh, Tamil Nadu, Karnataka and Gujarat, says a report. According to a wealth report by Hurun India, known for its annual rich list, there were 4.12 lakh dollar-millionaire households last year in the country, which has been one of the fastest wealth-creating economies producing the third-most …

Happiness Index of India's Rich Falls by 13%, More than 6 Lakh New Middle Class Households Emerge: Report
3 years, 9 months ago

Happiness Index of India's Rich Falls by 13%, More than 6 Lakh New Middle Class Households Emerge: Report

News 18  

The overall happiness index among India’s high net-worth individuals fell to 7.23 points on 10 as compared to 8.5 points in 2019, a Hurun India Wealth Report 2020 released on Tuesday revealed. The report also revealed that 6,33,000 new middle-class households with an average savings of Rs 20-lakh per annum have emerged in the country. There are 16,933 millionaire households …

State Recovery Tracker: High-GDP states catch up with rest of India on economic revival
4 years, 2 months ago

State Recovery Tracker: High-GDP states catch up with rest of India on economic revival

Live Mint  

Until recently, economic revival in India was mostly limited to smaller states. The top states are now catching up with the rest of India in getting back on track, shows Mint’s latest State Recovery Tracker. Six states make up half of India’s economic output, and will matter the most in economic recovery: Maharashtra, Tamil Nadu, Uttar Pradesh, Karnataka, Gujarat, and …

Uttar Pradesh tops in automobile sale despite Covid-19 pandemic
4 years, 4 months ago

Uttar Pradesh tops in automobile sale despite Covid-19 pandemic

Hindustan Times  

Notwithstanding the raging Covid-19 pandemic, the sale of automobiles is climbing faster in Uttar Pradesh than any other state in the country, indicates the central government’s state-wise data on the registration of new vehicles. “As per the state-wise data obtained from the central government’s records, UP is number one in registration of new vehicles and collection of revenue by way …

Discover Related