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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…
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…
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 …
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…
2 mins read
Budget blow to HNIs claiming huge deductions for expensive houses
For better targeting of tax concessions and exemptions, Finance Minister Nirmala Sitharaman capped …
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…
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
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, …
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
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…
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…
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
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…
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
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
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…
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…
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
1 min read
These four cities offer the best luxury homes to home buyers
“This city has the one of the largest luxury property markets because nothing beats the sea view he…
4 mins read
Cash-rich family offices of small towns are buying into the India startup story
The Indian startup story has not just gone global, it’s going deep into the hinterlands too. And …