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Bloomberg 2025 Richest Families List Highlights Global Wealth Dynasties

Ambani Family Only Indian Name in World’s Top 25 Richest Families

Bloomberg’s 2025 ranking of the world’s 25 richest families offers a snapshot of how global wealth continues to be concentrated within powerful, multi-generational dynasties. Built largely on retail, energy, luxury goods and media empires, these families collectively represent some of the most influential economic forces worldwide. Notably, the Ambani family is the only Indian entrant on the prestigious list, reflecting both India’s growing economic stature and the rarity of globally dominant family conglomerates from the country.

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Ashwini Kumar Tewari Re-appointed as SBI Managing Director

Government Extends SBI MD’s Tenure Till December 2027

The Central Government has re-appointed Ashwini Kumar Tewari as Managing Director (MD) of the State Bank of India (SBI), ensuring leadership continuity at India’s largest public sector lender. The decision comes at a time when SBI is focusing on balance sheet consolidation, digital transformation and sustained credit growth in a changing economic environment.

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Google Pay Launches FLEX Credit Card with Axis Bank

RuPay-Based FLEX Card Enables Credit-Powered UPI Payments

Google Pay has introduced a co-branded digital credit card called FLEX, in partnership with Axis Bank, marking an important milestone in the integration of credit cards with UPI-based payments in India. Built on the RuPay network, the FLEX card allows users to make UPI QR-code payments directly using a credit line, expanding the use of digital credit for everyday transactions.

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PM Modi Proposes $5 Billion India–Jordan Trade Target

India Invites Jordanian Firms to Partner in Growth Story

Prime Minister Narendra Modi has proposed doubling India–Jordan bilateral trade to USD 5 billion over the next five years, signalling a renewed push to deepen economic engagement between the two countries. Addressing the India–Jordan Business Forum in Amman, Modi invited Jordanian companies to tap into India’s fast-growing economy, large consumer market and stable policy ecosystem to build long-term commercial partnerships.

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Indian Navy Commissions INAS 335 ‘Ospreys’ with MH-60R Helicopters

MH-60R Squadron Strengthens Naval Aviation on Western Seaboard

The Indian Navy has commissioned INAS 335 ‘Ospreys’ at INS Hansa, Goa, formally inducting its second squadron of MH-60R multi-role helicopters. The move significantly strengthens naval aviation capabilities on the western seaboard, enhancing India’s readiness in an increasingly complex maritime security environment.

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