Rich Indians

"In the past 15 years or so, many multinational financial institutions have come and exited Indian markets and the latest incident was making wealthy investors nervous"

Aditya Birla Group, a family business and 7 generations old, has a presence in various sectors, including metals, financial services, and retail

TMS Ep362: Budget for rich, capex outlay, RBI rate hike, night light data

How does the Budget affect the super-rich? Has India's capex outlay actually increased? Will a dovish RBI bolster investor sentiments this week? How does night light data show progress? Answers here

This was more than the global average where 4 in every 10 UHNWI saw wealth growth

Oxfam study points to sharpening inequality

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The burden of tax, especially indirect, falls more on the poor half

The report released by PRICE added that the share of middle class in the total population rose from 14 per cent in 2004-05 to 31 per cent in 2021-22

Many are heading to Dubai and Singapore to hedge their portfolio against currency and geographical risks and for tax planning for the next generation

Asia's second-wealthiest man, Reliance Industries Ltd. Chairman Mukesh Ambani, is setting up a family office in Singapore, according to people familiar with the move.

For the second year running, Cancerians are most successful amongst the Hurun list. Sagittarians are among lukewarm contributors and absence of notable Bollywood and cricket personalities is puzzling

While the e-commerce platforms have seen an uptick in their festival season sale to Rs 24,500 crore, the average user spending has come down significantly

The IIFL Wealth Hurun India Rich List 2022 showed that 100 start-up founders in India have a net worth of more than $10 billion

Confluent head India's wealthiest new entrant in Hurun rankings, Roshni Nadar Malhotra tops second year in a row

Gautam Adani's wealth, on Thursday, stood at $115.7 billion, as compared to Bill Gates's $104.6 billion. In the last 24 hours, Adani has gained $337 million

Overall CSR allocations appear to have taken a hit during the pandemic even as they became skewed towards certain sectors

In its Wealth Report released on Tuesday, Knight Frank said 18 per cent global UHNWIs now own cryptocurrencies or tokens, and 11 per cent have invested in NFTs (non-fungible tokens)

The tenth Hurun India rich list has Mukesh Ambani topping it for the 10th year in a row with Rs 7.18 trillion wealth - only 9 per cent up over 2020

Indians in the US, with an average household earning of USD 123,700 and 79 per cent of college graduates, have surpassed the overall American population in terms of wealth and college education

The number of billionaires in India came down to 136 in 2020-21 from 141 in 2019-20, based on the gross total income declared in the income tax return, FM Nirmala Sitharaman informed Parliament