Indian-origin Ajay Banga, the President of the World Bank, is the only Indian named on this year’s annual Great Immigrants’ list of honourees by the Carnegie Corporation of New York.

Remittances to India from Singapore reach huge volumes through Instarem

Instarem, which was founded in Singapore by entrepreneurs with Indian roots, enjoyed strong growth of 30 per cent per annum from the global remittance market of USD682 billion.

India, United States ready for an apple a day, ending WTO disputes

The state visit of Prime Minister Narendra Modi to the US, at the invitation of President Joe Biden, is unlocking a lot of benefits, including the decision taken by the two countries to end their WTO tariff disputes.

Singapore Airlines makes it 5-in-a-row as ‘World’s Best Airline’

SIA took the top spot in four categories at this year’s Skytrax awards, including ‘Best First Class Airline’, ‘Best First Class Comfort Amenities’, and ‘Best Airline in Asia’.

Netflix US gains 280,000 new subscribers after ending password sharing; Is India next?

Netflix’s efforts to end password sharing in the United States seem to have paid off as the company reportedly gained a large number of new subscribers on implementing the policy.

Ajay Banga takes charge as first Indian-origin World Bank chief

Indian-American corporate executive Ajay Banga took over as the President of the World Bank, becoming the first person of colour to head either the World Bank or the International Monetary Fund.

Singapore wealth analysis: Are you in the top 1%? You are, if you’ve got SGD 4.76 million

Being in the “top 1 per cent” is the 21st century definition of being truly wealthy. In Singapore, a net worth of USD3.5 million puts you in that bracket, according to The Wealth Report 2023 by Knight Frank.

Tipu Sultan’s personal sword auctioned for record price of INR 140 crore

The bedchamber sword of Tipu Sultan, the 18th century ruler of Mysuru, sold for INR 140 crore (GBP 14 million pounds or USD 17.4 million) at an auction in London.

About Hashtag: #BusinessNews

Get latest and breaking business updates and success stories of Indians residing across the world. We cover World Economics, Finance, Stock Markets, IPO, Banking and Industrial topics, Indian origin entrepreneurs