Among the Gulf countries, only the UAE saw a slump in its millionaires' club, a decline attributed to the collapse of Dubai's real estate market, which eroded house prices by more than 60 per cent.

More than half a dozen life insurance companies -- that are operating for nearly a decade now -- have cut their branch presence significantly in the last six months in a bid to cut cost and increase efficiency.

A British court on Thursday ruled that Wikileaks founder Julian Assange can be extradited to Sweden to face sexual assault allegations.

Sweden's appeal against the bail granted to WikiLeaks founder Julian Assange on rape charges will be heard in the high court in London on Thursday, even as his lawyers complained that the prison authorities were making it difficult for them to meet him for preparing his legal case.

The city needs simple solutions, which look at each problem not in isolation, but as part of a totality called a city, its people, and their needs, says Mahesh Vijapurkar.

The brand new terminal at the Indira Gandhi International Airport of New Delhi marks the culmination of a long journey for Grandhi Mallikarjuna Rao.

Food inflation, at almost 17 per cent, along with the rise in fuel prices will be a bitter pill for consumers.

The challenge of Maoism can be met with equitable and inclusive socio-economic progress.

Here is the entire text of the Finance Minister Pranab Mukherjee's Budget Speech:

The model offers homes with sports facilities like race tracks.

An inspired Jeev Milkha Singh, who recently welcomed the arrival of his newborn son, returns to home soil for this week's inaugural Avantha Masters, promising to put Indian golf firmly on the world map. The two-time Asian Tour number one celebrated the birth of his first child a fortnight ago and believes his son will give him the added motivation when he plays in front of a partisan crowd that's expected to gather at the DLF Golf and Country Club from February 11 to 14.

India needs to hardsell itself as a preferred tourism destination in overseas markets, besides promoting domestic tourism. We expect the Union Budget 2010-11 to be positive for the hotel industry.

Twenty nine-year-old Suresh Paryani, who operates India's first executive assistant service, believes that there is a growing need for someone to be at your beck and call.

Eventually it boils down to whether Board compensation committees whose job is to fix salary levels have the power to question the CEO, especially owner-CEOs.

Bubble economies don't last, and crises bring you back to reality. The truth of both these assertions has become manifest in recent weeks.

Global demand for certified wood has prompted Indian companies to get their logging vetted by monitoring agencies.

In an hour-long chat on rediff.com on Thursday, DCW chairman Mudit Jain replied to many queries on how Budget affects the common people.

In an hour-long chat on rediff.com on Thursday, founding chairman & managing director of Country Club, India Rajeev Reddy analysed how good is the Budget for the common people.

Reader Saurav sent us this photograph from Hyderabad.

The hotel industry seeks infrastructure status and tax breaks, considering the huge investments required to meet the growing demand, especially in the NCR region for upcoming Common Wealth Games.

The rally in the stock market and the recent appreciation in rupee have brought 51 new members to the elite billion-dollar market-value club, while doubling its overall valuation since October when the benchmark index had dropped below the 8,000-level.

The Confederation of Indian Industries has joined hands with the Commonwealth Games Organising Committee to host business promotion meets across all the 71 Commonwealth countries before the event commences in October. "The CII will organise business promotion weeks in all the countries where the baton relay of the Games takes place," according to a senior official of the Organising Committee.

Number of people with net worth of at least Rs 100 crore at 475 now.

Do you know what's the going rate per square foot in your neighbourhood? Is it the best time to buy real estate/ home? Real estate expert Tushar Bungley, hosted a chat with GA readers on May 13 to answer their queries.

Under the scorching economic recession, houses have become cheaper by an average of about five million pounds in the 'billionaire's row', but the tag of UK's costliest street still remains with this tree-lined avenue where Lakshmi Mittal and his family owns three houses.

Where the super-rich, like Gates, Buffett and Jobs, rest their heads.

Here are the places in India where you can avail of great deals in the real estate residential market.

In the global list of 793 richest people, 44 billionaires added to their net worth. Moreover, there are 38 new billionaires in the list, even as there was steep decline in stocks and real estate prices last year.

Texas billionaire Allen Stanford and three of his companies were charged with "massive" fraud on Tuesday as federal agents swooped down on his US headquarters. A timeline of the 58-year-old businessman.

Increasing bond yields for companies, while the yields on government securities are falling, seem to indicate rising probability of corporate defaults in 2009.

Thirty-year-old Jagjit Saikia, a correspondent of popular Assamese daily Amar Asom was shot dead at Kokrajhar, the headquarter of Bodoland Autonomous District Council, in Western Assam at around 1345 hours on Saturday.

Selvam was out on bail after a few hours for $125,000. The police took away the computers from his home for further investigation.

The expansion into nuclear is part of the group's plan to invest as much as $ 50 billion by 2014 to expand its business in the world's second-most populous nation. The group has already concluded talks with overseas companies which can offer technological and related support to enter the business. "There will be a flood of American investments in the country once the deal is concluded," S P Hinduja said.

Market expert Pranav Sanghavi offers tips on stock market.

History shows that confidence is at its highest just before a fundamental change occurs.

Faced with falling residential demand, home buyers are being wooed with cars, fitouts, parking discounts. People familiar with the property market say this initiative, being led mainly by property marketing companies and a few investors or speculators, is unhealthy. They are doing this as they have put their money into properties at overheated locations and are now desperate to exit.

Croatia squad penpix for Euro 2008.

As Indians become wealthier they are spending more to stage elaborate multi-day events leading up to the ceremony. India's $31bn wedding industry is growing at 25 per cent a year, according to a report in the Indian magazine The Week.

The price? If you can scrape together Rs 18 crore (Rs 180 million), you could commandeer a two-bedroom Foster + Partners-designed casa with a private pool, a quite extraordinary roof, some spectacular views, and the glamour and privacy that comes with the high life.

Mallya is the first Indian ever to become the owner of a Formula One Team. The Netherlands-based Mol Family and Mallya have formed a consortium that is now the joint owner of Force India Formula One, which is also India's first-ever Formula One Team and represents India's first, truly global sports foray.