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According to the reports by New World Wealth, India has been ranked seventh in the list of top 10 wealthiest countries in the world. With total individual wealth of $ 5,200 billion, India is largely owing to its large population. Adding that on a per capita basis, the average Indian is 'quite poor'India only makes the W10 due to its large population. Over the past 15 years the country grew 'strongly' and china was the fastest growing W10 country from past 2000-2015. Australia and India also grew strongly as per reports. 

India has overtaken Italy this past year, Canada and Australia are expected to overtake Italy in the next coming years. Australia's ranking is stirring considered it has only 22 million people living.

List Of Top 10 Countries with total individual wealth:

1- United States $48,700 billion
2- China $17,300 billion
3- Japan $15,200 billion 
4- Germany $9,400 billion 
5- United Kingdom $9,200 billion
6- France $7,600 billion 
7- India $ 5,200 billion
8- Italy $5,000 billion
9- Canada 9th, $4,800 billion 
10-Australia $4,500 billion

Note:
  • 'Total individual wealth' refers to the private wealth held by all individuals in each nation.
  • The report defines 'wealth' as the net assets of an individual, which includes all their assets (cash, property, business interests, equity) less any liabilities. The report excludes government funds from its figures.
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Australia wins over India in the summit showdown to win the Sultan Azlan Shah Cup hockey tournament in Ipoh on Saturday. Thomas William Craig (25th, 35th) scored twice while Matt Ghodes (43rd, 57th) too found the net two times for Australia as the in-form Kookaburras won the tournament for a record ninth time. The result meant Australia lifted the trophy with an all-win record.
Ghodes scored his first goal while the second one came barely three minute before the final hooter, as the script refused to change with Australia continuing their denomination over 7th ranked India, who won the tournament five times in the past. India finished third in the last edition. India started well as the first quarter ended goal-less, but conceded once in the second quarter. The Aussies though were way ahead of their opponents when play resumed after the first half.
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Arun Jaitley (Finance minister) has invited businesses in New South Wales to invest in India by saying the country wants foreign sovereign wealth funds to be part of NIIF, pension and insurance funds in India. Mr Jaitley also highlighted various initiatives and reforms measures undertaken by the govt to boost the economy which is growing at a rate of above 7.5 %. Jaitley said india needs foreign direct investment (FDI), especially in manufacturing and infrastructure sectors, he said state governments are taking keen interest and competing among themselves to attract foreign investments.




Baird has showed his keen interest in investment opportunities in india particularly in the infrastructure sector. He highlighted the importance of communicating the information to larger business community in Australia to enable them to understand the opportunities available in India.


Baird also informed the finance minister that he intends to visit India during the next 'Vibrant Gujarat' summit in January-2017.
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What a victory!! brilliant batting by Kholi, in the final over MS Dhoni sends Faulkner's first ball a four and India win the match by six-wicket.  Australia scored 160/6. Team india has well chased the target. The victory also powers India into semifinals. At the 18th over and Kohli hits four, four, six, two and one and Dhoni takes two runs on the final ball. India need 20 runs in 12 balls. The victory suddenly seems easy to achieve. Kholi played in a good strategic manner. Outstanding batting, well done no words in dictionary left to explain incredible Kohli. Virat Kohli in successful chases in T20Is 15 inns, 737 runs, avg 122.83, S/r 131.13, 50s: 8 Highest: 82*, Lowest: 21
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India defeated Australia by 37 runs in the first of the three-match Twenty20 International (T20I) cricket series at the Adelaide Oval here on Tuesday. India had scored 188 for three in 20 overs, thanks to Virat Kohli’s powerful innings of 90 not out from 55 deliveries and Suresh Raina’s 41.
In reply, the hosts were bowled out for 151 in 19.3 overs. Captain Aaron Finch was Australia’s highest scorer with a 44. For India, pacer Jasprit Bumrah starred on his T20I debut by picking up three wickets for 23 runs, while another debutant, Hardik Pandya, bagged 2/37. Left-arm spinner Ravindra Jadeja was also equally effective, picking two wickets for 21 runs in four overs.
Kohli was declared the man of the match for his superb knock. Later, India skipper Mahendra Singh Dhoni heaped praise on his bowlers for defending a challenging total which guided the visitors to a comfortable 37-run victory over Australia. Young pacer Jasprit Bumrah starred on his T20I debut by picking up three wickets for 23 runs, while another debutant, Hardik Pandya, bagged 2-37. Left-arm spinner Ravindra Jadeja was equally effective, picking up two wickets for 21 runs in four overs.
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India has lost nine wickets for 46 runs. Team mens were cruising to their target of 349 - and the highest successful run-chase in Australia as both Shikhar Dhawan and Virat Kohli made hundreds. But India collapsed from 277-1 to 323 all out as Australia pace bowler Kane Richardson took 5-68. Aaron Finch made 107 and David Warner 93 in Australia's 348-8.

The home side had already sealed the five-match series and now lead 4-0, targeting a whitewash in Saturday's final match in Sydney. The World Cup holders have also now won 18 consecutive ODIs on home soil.

That run was in severe peril at the Manuka Oval as Kohli and Dhawan added 212 for the second wicket, with Kohli, 27, compiling a 25th one-day hundred to go joint-fourth on the all-time list. But after Dhawan cut John Hastings to point, India imploded. Captain MS Dhoni edged Hastings behind for a second-ball duck and, when Kohli lobbed Richardson to mid-off, India had lost three wickets for one run. Of the rest, only Ravi Jadeja made double figures, with Richardson and Mitchell Marsh running through the tail.
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Mitchell Johnson could become one of the major drawcards in this summer's Twenty20 Big Bash League after the man who "scared the life out of batsmen" called it quits on the international stage.

Johnson confirmed on Tuesday his international career was over, although he is set to receive offers to continue playing in the rich Indian Premier League and the BBL.

He had been contracted by the BBL's Brisbane Heat but is now a free agent. The Heat had thought he would skip the BBL because of his Australian commitments this summer but his retirement could open a bidding war, for he is also a powerful lower-order slugger.

One issue is that the playing lists and salary caps of BBL teams are almost set with the first match about a month away, although it's likely franchise bosses would find room for him should he want to play.
This could mean he would have to accept lower pay than he would typically command, with BBL chiefs on Tuesday indicating it would be unlikely special dispensation would be granted to pay part of his salary outside of the cap.
However, teams could view him as good, if not better, than an import, and remunerate him in this regard, or he may have to wait for another player to be put on the injury list.

Johnson is still awaiting to find out whether he is wanted by the Kings XI Punjab in the IPL.

With pregnant wife Jessica and daughter Rubika Anne watching on at the WACA Ground,  Australia's fourth-highest Test wicket-taker felt it was time to "say goodbye" to international cricket, having admitted he could no longer be a consistent force.

"I feel now is the best time to say goodbye," Johnson said.
"I have been lucky enough to have had a wonderful career and enjoyed every moment of playing for my country. It's been an incredible ride.

"But the ride has to come to an end at some point and to do so here at the WACA is very special. 
"I've given the decision a lot of thought. Beyond this match, I'm just not sure that I can continue competing consistently at the level required to wear the baggy green (cap).

"My career has certainly had its up and downs but I can honestly say I have given it my all and am proud of everything I have achieved. To win an Ashes series and a World Cup is something I will treasure forever."

Johnson featured in two successful World Cup campaigns, playing an integral role in this year's win over New Zealand, while being a squad member of the victorious 2007 side in the Caribbean.

Skipper Steve Smith said Johnson had "certainly changed the way Australian cricket's been played", while bowling coach Craig McDermott said he had revived Test cricket.
At his fiercest, with his speed, bounce and swing, the slinging left-hander was almost unplayable and struck fear into many a batsman.

Former England batsman Paul Collingwood said Johnson "bowled rockets" and congratulated him on "scaring the life out of every batsmen around the world".
Johnson's former new-ball partner Ryan Harris said there would be a "few batsmen in the world breathing easier" now his career was done.

There was growing speculation on Monday that Johnson would retire, and that intensified when his Queensland-based manager Sam Halvorsen was spotted in the Australian dressing room post play.

Johnson said leading into this Test that he contemplated retirement almost on a daily basis, having also considered ending his career after the losing Ashes series, when several of his closest teammates, including Brad Haddin and Harris, had also retired.

His efforts during the Black Caps' first innings at the WACA indicated he no longer had the fire to be Australia's spearhead, with Mitch Starc and Josh Hazlewood taking the new ball ahead of him.

"My family have been by my side throughout and I could not have achieved all I have without their support. They have made a lot of sacrifices, especially my beautiful wife Jess who has provided me with unconditional support, and I am incredibly grateful for that," Johnson said.

Johnson's last five-wicket haul was 15 Tests ago against South Africa in Centurion in February last year when he took 12 wickets for the match. 

His retirement continues a major overhaul of the side since the Ashes. Along with Haddin and Harris, the latter retiring on the eve of that series, Chris Rogers, Shane Watson and former skipper Michael Clarke have also quit.

MITCH'S MAGNIFICENT NUMBERS
311 wickets from 73 Tests at an average of 28.1

239 wickets from 153 ODIs at an average of 25.26

38 wickets from 30 T20Is at an average of 20.97

12-127, his career-best Test match figures recorded in Australia's win over South Africa in Centurion in 2014

8-61, his career-best Test innings figures recorded in Australia's loss to South Africa in Perth in 2008

6-31, his career-best ODI figures recorded in Australia's win over Sri Lanka in Kandy in 2011

2 Sir Garfield Sobers trophies, awarded to the ICC Cricketer of the Year in 2009 and 2014

Two-time World Cup winner, he failed to play a game in Australia's undefeated 2007 campaign but was part of the squad

37 wickets, Johnson's stunning haul in the 2013-14 Ashes. It was five short of breaking the record for most scalps in an Ashes series, but Rodney Hogg achieved that in six Tests.

156.8 km/h, the fastest speed his bowling was clocked at. It came in the 2013 Boxing Day Test against England.

Twice, the number of times he broke Graeme Smith's hand in 2009. Also broke Kumar Sangakkara's hand in 2012, while the menacing paceman broke Ryan McLaren's arm in 2014.
Source:SMH