V
V.Balasubramani
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It is individual wealth collectively
India is richer than Canada, Australia!
World's 10 richest nations
India is ranked among the world's 10 wealthiest countries.
MAGE: India ranked 7th among richest nations. Photograph: Babu/Reuters
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India, Australia and Canada have overtaken Italy as the richest nation over the past 12 months.
Wealth refers to net assets of a person, according to a report by New World Wealth. It includes all their assets (property, cash, equities, business interests) less any liabilities, the report said adding that it excludes government funds from its figures.
Take a look at the world’s 10 richest nations…
United States
Rank: 1
Wealth: $48,900 billion
Read more at: http://www.rediff.com/business/report/pix-special-india-is-richer-than-canada-australia/20160823.htm
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