Wealth Market

How do the rich grow their wealth? Survey reveals strategies used by HNIs

. Over 40 per cent of wealthy women are between the ages of 51 and 60, with many favouring lower-risk, stable investment products.

Elon Musk to turn trillionaire by 2027, Gautam Adani next in queue: Report

Elon Musk, with a current wealth of $237 billion and a growth rate of 110% annually, could become the world's first trillionaire by 2027, a new report has revealed

What will be India's position at G20 on proposal of 'billionaire tax': Cong

The Congress on Monday asked the government to spell out what will be India's position on Brazil's proposal of a two per cent wealth tax on dollar billionaires when it is debated at the November G20 Summit. Congress general secretary in-charge communications Jairam Ramesh said India has been conspicuously silent on the matter which is not irrelevant for it since according to one new report, the country has 334 dollar billionaires worth over USD one billion. "Exactly a year ago, the annual G20 Summit began in New Delhi. The Presidency of the G20 rotates among its member countries every year. Two months from now the next G20 Summit will take place in Brazil, which has chosen to not create the hype and self-glorifying publicity like the non-biological PM did," Ramesh said in a post on X. "And what a difference a year has made. In September 2023 He was riding super high. Now he is still reeling from his personal, political, and moral defeat of June 4 2024," the Congress leader said. Fo

Education, wealth likely to explain fertility rates better than religion

Research also suggests that the role of religion may be more limited when compared to other factors

Angel One, Kotak Mahindra Bank arm executives to launch wealth mgmt biz

Srikanth Subramanian, the former chief executive of Kotak Cherry, will be the co-founder and chief executive of Angel One Wealth, an official statement said

Mumbai 4th wealthiest BRICS city, Bengaluru tops list of emerging millionaire hotspots

Bengaluru, nicknamed the "Silicon Valley of India" due to its booming tech sector, is currently home to approximately 13,200 millionaires and this number is projected to reach over 30,000 by 2033

360 ONE Wealth ropes in Satheesh Krishnamurthy as CEO of HNI business

The company said Krishnamurthy's key responsibilities will include identifying new business opportunities, distribution footprint, product stack, and developing financial strategies

How to generate wealth? 50% equity and 50% debt, says Motilal Oswal

The underlying asset classes for the analysis include Indian Equity, US Equity, Long Maturity Debt, Short Maturity Debt and Gold, all in rupee terms.

Wealth on the move: Why are rich Indians heading for greener pastures?

According to government data, more than 1.6 million Indians have renounced their Indian citizenship since 2011, including a whopping 225,620 in 2022 alone, averaging around 618 per day

India likely to witness net outflow of 6500 HNIs in 2023, says study

However, the report said despite the outflow, India's capacity to generate new millionaires and its projected wealth growth makes the situation less concerning

Investors' wealth soars Rs 25.46 trn so far in FY22 over upbeat sentiment

Equity investors have grown richer by a whopping Rs 25,46,954.71 crore in the first three months of the current fiscal, driven by upbeat market sentiment.

World's biggest wealth fund dumps 15 stocks on ethical grounds

The Oslo-based fund generated $123 billion in returns in 2020, marking its second-best performance ever thanks in large part to tech stocks

Tech View: Dalal Street's top wealth creators of 2020 show further upside

The stock of Dixon Technologies has tripled during the current calendar year from the levels of Rs 3,800 to around Rs 12,535

Despite Covid, Indian adults see wealth rise 0.7% in H1-20: Credit Suisse

The total household wealth in India during this period, according to their estimates, rose 1.7 per cent to $246 billion

Richer in pandemic: Bezos, Musk among US billionaires whose net worth rose

The wealth surge of America's richest men happened during a period marred by the coronavirus crisis, when as many as 22 million Americans filed for unemployment benefits

Govt must support pro-business policies to be a $5-trn economy: Eco Survey

The survey said the exponential rise in India's GDP and GDP per capita post liberalisation coincides with wealth generation in the stock market

India projected to top wealth growth rate over next 10 years

At 200 per cent, India figures among the fastest-growing wealth markets in the world