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Top 25 richest people in India in 2024
India has the third highest number of billionaires in the world, behind the US and China. The count…
The UAE is set to be the world's 'wealth magnet' this year, with 6,700 millionaires expected to move there
Millionaires are flocking to one place above all the rest this year: the UAE, a new report by wealt…
Kiera Fields
Markets crash: Investors' wealth erodes by ₹2.25 lakh crore
"Markets failed to capitalise on the firm start despite upbeat US and European cues and crash…
PTI
Taylor Swift concerts and the Olympics could lead to a fresh surge in global inflation, UBS says
Mega-events, like Taylor Swift shows and the Olympics, could distort headline inflation figures, UB…
Jennifer Sor
Wealth per adult: India growing 2X that of global average but still 1/5th in real terms
Indian wealth per adult has been growing 8.7% per annum from the start of the millennium and was at…
Investors' wealth soars ₹28.65 lakh crore in three days of market recovery after rout
Investors' wealth has soared by ₹28.65 lakh crore in the three-day rally to Friday in the stock m…
PTI
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
Global stocks rally even as Sensex, Nifty fall sharply on Friday
BSE Sensex witnessed losses exceeding 600 points on Friday due to selling pressure in financials an…
Deloitte projects India's FY25 GDP growth at 6.6%
Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal…
PTI
How much wealth you need to be in the top 1% in countries around the world
Americans need a minimum of $5.8 million net worth to be in the top 1% of US wealth — less than hal…
Noah Sheidlower
Gen Z is confident in its ability to build up wealth — at least the rich ones are
Among high-income earners, Gen Z is most confident in their ability to get richer.
Hannah Getahun
Elon Musk's wealth has crashed by over $175 billion from its peak as Tesla's problems pile up
Tesla stock has tanked by about 66% since late 2021, slashing Elon Musk's fortune from $340 billion…
Theron Mohamed
The rising de-dollarization trend is a risk to US stocks, Morgan Stanley wealth CIO says
Morgan Stanley's wealth CIO Lisa Shalett said investors should prepare for a "US dollar regime shif…
Yuheng Zhan
Investors' wealth erodes by ₹8.50 lakh crore as markets tumble
Equity investors became poorer by Rs 8.50 lakh crore on Tuesday as markets came under a bear attack…
PTI
There's a global shortage of stocks that will backstop the market for the foreseeable future
"We are just not going to have enough issuance to satiate the pools of capital that need to put mon…
Matthew Fox
India's super rich put 17% of investable wealth in luxury items says Knight Frank
The Indian ultra-rich allocate 17 per cent of their investable wealth towards luxury items, with ma…
PTI
The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China's 'luxury shaming,' study finds
Global sales growth for luxury goods is expected to slow this year, per a Bain & Compnay report. "L…
Jacob Zinkula
Crashing markets thinned the ranks of America's millionaires last year as global wealth shrank for the first time since 2008
The US saw the biggest drop in wealth, shedding $5.9 trillion. Japan, China, Canada, and Australia …
Phil Rosen
India has the widest gender wealth gap in the APAC region: WTW report
Only 3% of women in the workforce occupy senior positions in India.Globally, women in senior expert…
JPMorgan beat earnings expectations but CEO Jamie Dimon rings the alarm on global trouble
JPMorgan posted solid profit and revenue growth last quarter, but Jamie Dimon warned of geopolitica…