CM to turn bus conductor to launch free bus rides for women in Karnataka

Jaipur: A 25-year-old man was allegedly strangled to death in Rajasthan's Dausa district for trying to stop three men from applying colour on him ahead of Holi, police said on Thursday.

The incident was reported from Ralwas village on Wednesday evening when Ashok, Bablu and Kaluram reached a local library to apply colour on Hansraj, who was preparing for competitive exams there, officials said.

As Hansraj refused to be smeared with colours, the trio kicked him and thrashed him with belts, before one of them strangled him to death, Additional Superintendent of Police (ASP) Dinesh Agarwal said.

The angry family members and villagers later staged a protest with Hansraj's body, blocking a national highway in the area that continued till 1 am on Thursday.

The protesters demanded a compensation of Rs 50 lakh to Hansraj's family, a government job to one member of the family, and immediate arrest of the accused trio.

The body was finally removed from the highway after police assurance.

The number of Indian high-net-worth individuals (HNWIs), those having assets more than $10 million, rose 6 per cent last year to 85,698, according to Knight Frank.

Global property consultant Knight Frank on Wednesday released its 'The Wealth Report 2025', which estimated the HNWI population in India at 85,698 in 2024, as against 80,686 in the preceding year.

The number is expected to rise to 93,753 by 2028, reflecting India's expanding wealth landscape, the consultant said.

The increasing trend of HNIW population highlights the country's strong long-term economic growth, increasing investment opportunities, and evolving luxury market, positioning India as a key player in global wealth creation.

India's billionaire population has also seen a strong year-on-year growth in 2024.

"India is now home to 191 billionaires, of which 26 joined the ranks in just the last year, which was pegged at just 7 in 2019," the consultant said.

The combined wealth of Indian billionaires is estimated at $950 billion, ranking the country third globally, behind the US ($5.7 trillion) and Mainland China ($1.34 trillion).

"India's growing wealth underscores its economic resilience and long-term growth potential. The country is witnessing an unprecedented rise in high-net-worth individuals, driven by entrepreneurial dynamism, global integration, and emerging industries," Shishir Baijal, Chairman & Managing Director, Knight Frank India, said.

This expansion is not just in scale but also in the evolving investment preferences of India's elite, who are diversifying across asset classes, from real estate to global equities, he added.

"In the decade ahead, India's influence in global wealth creation will only strengthen," Baijal said.

Kannada actor Harshavardhini Ranya – also known as Ranya Rao, arrested for smuggling gold from Dubai – was allotted land to set up a steel plant by the previous Karnataka government in February 2023, said the Karnataka Industrial Area Development Board (KIADB) said on Sunday.

Ranya Rao was found to be in possession of gold bars worth ₹12.56 crore at the Kempegowda International Airport in Bengaluru. Searches were also conducted at her residence, and gold jewellery worth ₹2.06 crore and Indian currency amounting to ₹2.67 crore were seized, the Directorate of Revenue Intelligence had said on Wednesday.

Ranya is the stepdaughter of DGP-rank senior IPS officer Ramachandra Rao.

The KIADB's statement comes after reports claimed that a company linked to Ranya Rao was allotted 12 acres of industrial land by the board in 2023.

The office of the minister for medium and large industries MB Patil shared the government's final notification issued on February 22, 2023, regarding the allocation of land to Ranya Rao's firm Ksiroda India at the Sira Industrial Area in the Tumakuru district, news agency PTI reported.

The Congress came to power after defeating the Basavaraj Bommai-led Bharatiya Janata Party in the Karnataka assembly election in May 2023.

The proceedings of the Karnataka government, shared by the minister's office, said, "Approval to the proposal of M/s Ksiroda India Private Limited to establish a unit for manufacture of 'steel products - TMT bars, rods and allied products' at Sira Industrial Area, Tumakuru district.

"The government is pleased to accord in-principle approval to the investment proposal of ₹138 crore, generating employment to about 160 persons with the following infrastructure assistances, incentives and concessions," it said.

In a press release issued by MB Patil's office, the KIADB said the allotment to the company linked to Ranjya Rao was done in January 2023.

KIADB CEO Mahesh said on Sunday Ksiroda India was allotted 12 acres of land on January 2, 2023, by the previous government, referring to the BJP, the PTI report added.

"The land, located in Sira Industrial Area, Tumakuru district, was approved for allotment during the 137th State Level Single Window Clearance Committee (SLSWCC) meeting held on the same day, when the last govt was in power," PTI quoted Mahesh as saying.

According to the KIADB press release, the company had submitted a proposal to set up a manufacturing unit for steel TMT bars, rods, and allied products, with an investment of ₹138 crore. The project was expected to generate approximately 160 jobs.

Ramachandra Rao is currently serving as the chairman and managing director of the Karnataka State Police Housing and Infrastructure Development Corporation Ltd.

The total seizure in the case stood at ₹17.29 crore, including assets worth ₹4.73 crore, marking a significant blow to organised gold smuggling networks.