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India had 4.12 lakh dollar-millionaire households in 2020: Report

India had 4.12 lakh dollar-millionaire households in 2020: Report
A household having an annual income of more than $1 million is considered a dollar-millionaire household.
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With 56,000 dollar-millionaire households, Maharashtra leads the country in wealth creation followed by Uttar Pradesh, Tamil Nadu, Karnataka, and Gujarat, says Hurun India Wealth report.
These states together account for
46 percent of the 4.12-lakh millionaire households in the country.
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-highest number of billionaires annually. ....

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Move over, fitness trackers! Google gets into sleep surveillance with new Nest Hub

Sleep analysis and more
The $100 Nest Hub can display pictures and video in addition to fielding questions and handling household task through Google s voice-activated assistant. It doesn t feature a camera.
The Nest Hub is supposed to
generate weekly sleep reports with easy-to-understand breakdowns on the length and quality of sleep, how frequently the user gets up at night and snoring and coughing frequency, along with tips developed in consultation with the American Academy of Sleep Medicine.
Google says it honed the technology by
studying 15,000 sleeping people over a combined 110,000 nights.
That kind of help may sound appealing to the millions of people who have trouble sleeping. But the feature may also raise ....

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Dear Abby: 'Helpful' husband is caught twice with younger women

Dear Abby: Helpful husband is caught twice with younger women
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A wife wonders why her husband lies about a relationship with a woman.PeopleImages/Getty Images
DEAR ABBY: I have been married for 26 years. Five years ago, my husband gave a young lady $5,000 through credit card charges over a six-month period. We are not wealthy. When I found the charges in our credit report, he took a second job to pay it off.
I don t think their relationship was sexual because he is impotent. It was hurtful. While he was taking this young lady shopping, he told me he was at work. ....

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European fintech MODIFI announces $60M debt facility with Silicon Valley Bank; to focus on Indian SMBs

European fintech MODIFI announces $60M debt facility with Silicon Valley Bank; to focus on Indian SMBs
MODIFI will use the funds in addressing the increasing demand in India and other existing markets and fuel its continued growth in the US.
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a new $60 million debt facility with Silicon Valley Bank (SVB), bringing its
total capital raised to $111 million.
SVB’s German branch will help in addressing the increasing demand in India and other existing markets, as well as fuel MODIFI’s continued growth in new geographies, particularly the US, the company said in a statement.
Founded in 2018, the paperless online platform MODIFI attempt to help small and medium businesses foster international partnerships and benefit local economies. ....

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SBI, Paytm Payments Bank, and PhonePe lead UPI transactions in February

SBI, Paytm Payments Bank, and PhonePe lead UPI transactions in February
Paytm Payments Bank led the UPI beneficiary category with 389.24 million transactions, which means money received by account holders through the UPI platform.
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SBI was the top remitter on the UPI platform in February, while
Paytm Payments Bank led the chart in the beneficiary segment, as per data published by the National Payments Corporation of India.
PhonePe topped the app category on the UPI platform in terms of volume and amount involved in the transactions that it facilitated.
According to data published by NPCI, State Bank of India (SBI) recorded 656.92 million remittance transactions in February, that is money was sent out from the bank using the UPI platform. ....

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