Ultra High Networth Individuals

The firm will use the capital to strengthen technology, grow its senior banker network, expand into Tier-II and Tier-III cities, and build NRI and NBFC offerings

While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war, Kapoor said

They prefer equities investing followed by commercial real estate

Interestingly, HNIs and UHNIs over the age of 60 were found to be less worried than the younger generation that is yet to reach 40 years of age

Organising a private wine-tasting event in Tuscany or a coaching class with an international sport champion: Wealthy clients have a demanding wish list

Knight Frank's 'The Wealth Report' says Asia will dominate the rise in the number of ultra-rich

Two British banks, one Swiss bank and a leading Emirates lender have closed the accounts of these Indians in the last two months

According to a report by Knight Frank, 53 per cent of ultra-high-net-worth Indians are likely to purchase these three items in the current year

The number of those with a net worth of and above $30 million in India will be 19,119 in 2027

The rise in allocation in gold is mainly owed to the significant returns it has given in the past few years

For Indians, Dubai and Singapore are popular destinations. Significantly, Singapore recently opened an agency to welcome family wealth management firms

The dramatic fall was because contributions by the Azim Premji Foundation dropped by Rs 9,000 cr

Apart from investing in housing, Indians are also applying for 'jumbo life and term' insurance covers worth $20 million

RIL Chairman Mukesh Ambani is setting up a family office. It's a trend among wealthy Indian families who set up such entities, often overseas. Find out why the India's super wealthy are looking abroad

Rare Investments, the investment arm of late Rakesh Jhunjhunwala acquired 4.25 million equity shares or 7.91 per cent stake in Singer India on Tuesday, showed block deal data

UHNI is classified as those with a networth of over Rs 1,000 crore, making donations of over Rs 5 crore

Nearly 30 per cent wealth of Indian ultra-high-net-worth individuals (UHNWIs) was allocated towards purchase of principal and second housing properties last year, according to Knight Frank.

The scramble for charter air services in the second Covid-19 wave was similar to that seen during the first wave

The report titled, 'Turning Ideas to Gold', also noted that India could add 95 new tech unicorns to its 56-strong unicorn pool by the same time period.

Majority of funds now open for subscription have no lock-in