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You Searched For "HNIs in india" and got 20 results


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2 mins read

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…

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3 mins read

India’s super rich will double to 1.6 million by 2027: Knight Frank

Even as the number of HNIs and billionaires in India grew in 2022 from the year before, UHNIs dippe…

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4 mins read

India’s rich to shell out more for luxury cars, global travel but may have more to invest

The Union Budget 2023-24 is being hailed as the common man’s budget, but at the same time many …

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3 mins read

9 in 10 super-rich Indians get richer in 2022, confident of minting money in 2023 too: Knight Frank

The report by Knight Frank found that around 35% of Indian UHNIs saw their total wealth grow by ove…

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3 mins read

Over 4,000 millionaires could still leave India in 2024 — but the drain is getting slower year-on-year

Bucking the global trend, millionaire migration out of India is showing signs of slowing down. Whil…

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Budget blow to HNIs claiming huge deductions for expensive houses

For better targeting of tax concessions and exemptions, Finance Minister Nirmala Sitharaman capped …

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3 mins read

Market salutes Modi's third term: Sensex-Nifty open at all-time high

Indian stock indices continued their uptrend from the past week and opened at fresh record highs at…

ANI   


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1 min read

India’s millionaires are fleeing from homeland -- and these are the countries where they are headed

India stands third on the list for the number of emigrants, behind China and Russia. In fact, …

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2 mins read

Mumbai property registrations jump 30% during festive season compared to last year

India’s consumption story is a tale of two Indias. Even as consumer companies are battling a slowdo…

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1 min read

Illumnus raises USD 100K from angel investors, HNIs

"We are thrilled to support and help Illumnus grow leaps and bounds. In times where the world of e…

PTI   


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1 min read

A government taskforce wants to bring more migrant Indians into the tax net

The committee recommended the government to change the residence rule. Currently, an individ…

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1 min read

EV startup Oben raises ₹40 crore in extended pre-Series A round

The capital infusion will help the company in scaling up its production capacity at the Bengalu…

PTI   


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3 mins read

India’s growth to mirror China’s trajectory over next decade with private consumption more than doubling to $4.5 trn

India is at a point where China was 15 years ago in terms of per-capita income and working-age popu…

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3 mins read

Domestic market ownership rises for fifth quarter in a row to 24.44% in December 2022

In September 2022, the share was 24.25 per cent, according to data collated by market informati…

PTI   


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2 mins read

Budget proposes hike in TCS on overseas travel, fund remittances out of India to 20%

Also, 20 per cent TCS will be applicable in cases where funds in excess of Rs 7 lakh are sent out o…

PTI   


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5 mins read

Posh neighborhoods, fabulous views, and heated infinity swimming pools: luxury real estate in India is booming

Recently, the demand for luxury housing in India has been huge. When you think of luxury housing, t…

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3 mins read

Luxury property prices up 8-12% in 2022; surpasses 2015 peak level: India Sotheby's International Realty

Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities a…

PTI   


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1 min read

This Exclusive Club in Mumbai Charges Rs. Ten Lakhs as Membership Fee

A “By Invitation Only” club, membership is open for promoters and CXO’s of respected companies, cre…

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1 min read

Drone player Garuda Aerospace raises $22 mn from SphitiCap & others

Drone-as-a-Service (DaaS) player Garuda Aerospace on Monday said it has raised $22 million as Serie…

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4 mins read

20% tax on foreign remittances make foreign investments unviable for retail investors

Budget announcement of 20% tax on foreign investments to make investments in the US markets less ap…