First News
Volume:7, Number:38
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LIVING ETCETERA
THIS WEEK

Hindujas Top List of Wealthiest Asians in UK

First News

Non-Resident Indian businessmen, Hindujas, have retained their position as the richest Asians in the UK in 2017 with an estimated wealth of USD23.60 billion, an increase of USD3.10 billion over last year, according to an annual ranking of the richest Asians in Britain. Steel tycoon Lakshmi N Mittal secured the second place with a fortune of USD15.65 billion- up from USD7.95 billion last year. According to the list, the Hinduja brothers - Srichand and Gopi in London, Prakash in Geneva and Ashok in Mumbai - have seen sharp increases in profitability in Ashok Leyland, IndusInd bank, Gulf Oil, energy and real estate. Britain's 101 wealthiest Asians are collectively worth USD86.82 billion, up from USD68.81 billion last year - a rise of 25 percent.

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Israeli Warehouse Stores Clues About Jesus’ Life and Death

In a cavernous warehouse where Israel stores its archaeological treasures, an ancient burial box is inscribed with the name of Jesus. Not THAT Jesus. Archaeologists in Israel say Jesus was a common name in the Holy Land 2,000 years ago, and that they have found about 30 ancient burial boxes inscribed with it. Ahead of Easter, Israel’s antiquities authority opened up its vast storeroom to reporters on March 19 for a peek at unearthed artifacts from the time of Jesus. Experts say they have yet to find direct archaeological evidence of Jesus Christ, but in recent years have found a wealth of material that helps fill out historians’ understanding of how Jesus may have lived and died. Israel is one of the most excavated places on the planet.

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373 Million Rural Residents Used Mobile Banking in China in 2016

About 373 million rural residents in China made payments totaling USD3.4 trillion using mobile banking apps in 2016, an increase of 35 percent, the central bank said. The number of transactions jumped by 62 percent to 5.1 billion, according to the People’s Bank of China (PBOC). Mobile banking posted the fastest growth among non-traditional payment methods in rural China, with online banking stagnant and telephone banking falling significantly. It is costly and time consuming for residents in underdeveloped or remote areas to reach banks and ATMs, so mobile banking is becoming crucial in rural areas. About 126,700 bank branches are located in rural areas, or 1.4 branches for every 10,000 residents, with 3.8 ATMs per 10,000 residents, state-run Xinhua news agency reported.

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