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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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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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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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2 mins read

These small cap companies have attracted big investments from high-networth individuals

High networth individuals (HNIs) held stocks worth ₹5 lakh crore in NSE-listed companies, as on…

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1 min read

America's top 1% has an all-time-high total net worth of $44 trillion. Thank the record-breaking stock market.

Those with net-worths over $11 million saw their wealth balloon by an additional $2 trillion in the…

Aruni Soni   


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Indiabulls Housing Finance to raise up to Rs 1,000 cr via public issue of bonds

The Tranche II Issue offers various series of NCDs for subscription with coupon rates ranging fr…

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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

High net-worth individuals have a greater incentive to invest in Indian startups now

Until now, a tax of 30% was levied on the the value of shares issued above their fair value, b…

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5 mins read

Motilal Oswal microcap fund is for ‘evolved investors’ who can hold on through highs and lows

Motilal Oswal has launched an open-ended passive fund called the Nifty Microcap 250 Index Fund, whi…

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3 mins read

Insurers are tapping into health insurance policies market targeted at High Net-worth Individuals

It is worth mentioning that health insurance policies are complex for HNIs as they are slightly dif…

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6 mins read

OPINION: The future of real estate investing is Fractional

On the other end of the demographic, are the millennials (born between 1981 to 1996), who often …

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1 min read

India ranks 2nd in outflow of high net-worth individuals

India ranked second in the outflow of high net-worth individuals (HNWIs) from the country, accordin…

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Domestic investor holding hit an all-time high in June quarter: Prime database

Share of domestic institutional investors (DIIs), which includes domestic mutual funds, insurance c…

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Sebi bans 3 individuals for fraudulently acting as portfolio managers

New Delhi, Nov 28 () Markets regulator Sebi on Thursday banned three individuals from accessing the…

PTI   


Robert Davis   


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The world's richest people are getting more and more annoyed at how much it costs them to look after their money

33% of millionaires surveyed were found to be unhappy with the fees their wealth manager charges th…

Shalini Nagarajan   


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Here's How Rich People Are Using High-End Pawn Shops

Aitken says the interest rates on Borro loans are typically between 2.5% and 4% a month, compared t…

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If it feels like NYC is richer, you're right. One in every 24 residents is a millionaire.

The ranking may be further proof that New York is increasingly becoming a place for only the wealth…

Shubhangi Goel   


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India’s ‘wealth wave’ and the stocks that are poised to gain from it

Indians are saving better, if not saving more. A lot of Indian savings are being directed to equiti…

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1 min read

Pure EV raises $8 million in latest funding round

The Hyderabad-based company said it is currently in the final stage of concluding its Series A1…

PTI