Wealthy Indians

India is emerging as a hotspot for Kohler, Toto and Hansgrohe, the German manufacturer renowned for its taps and showers

In 2024, 134,000 high-net-worth individuals relocated and established new domiciles worldwide, driven by robust inflows to the UAE, USA, and Italy

StanChart's assets under management sourced from wealthy Chinese and Indians with global needs rose by about 40 per cent and 20 per cent

Unemployment, corruption, inflation and taxation are the biggest worries of the wealthy Indian entrepreneurs. However, three out of four (75 per cent) feel supported by the government

Over three-fourth of wealthy Indians have sent or are planning to send their kids overseas for education, according to a survey. The survey of 1,456 Indians, having investable surplus between Rs 84 lakh (USD 100,000) and nearly Rs 17 crore (USD 2 million), conducted in March found the strong urge for overseas education with 78 per cent of the respondents saying they are keen on a foreign education for their children. Investable survey is the amount set aside for investment from overall net worth. The Global Quality of Life 2024 survey commissioned by foreign lender HSBC said the United States is top overseas destination for Indians, followed by the United Kingdom, Canada. Australia and Singapore. So strong is the urge for foreign education for the child that the parents are willing to suffer financial strains as well, the survey said, pointing out that the investment in education may come at the sacrifice of retirement savings. The expected or actual annual cost of overseas educa

The regulator for Gujarat International Finance ­Tec-­City is halting approvals for family investment funds after feedback from the central bank

Confluent head India's wealthiest new entrant in Hurun rankings, Roshni Nadar Malhotra tops second year in a row

Many economists doubt the feasibility and desirability of wealth tax in the current economic environment

Indian billionaires saw their combined fortunes more than double during the Covid-19 pandemic, and their count shot up by 39 per cent to 142

Most affluent individuals in India have reset their life goals following the pandemic: Survey

More than 300 Indian names are part of the list.

This comes in spite of Mukesh Ambani, Gautam Adani, the Poonawallas and many other Indians seeing a jump in their net worth in this time

India had passed the Wealth Tax Act, 1957 which was levied on an individual, a Hindu Undivided Family and a Corporate entity on its valuation, which was repealed in April 2016

The company on Thursday became the first Indian firm to hit the Rs 10 lakh crore market valuation mark following a spike in its share price.

The consultant further highlighted that the profile of wealthy Indian buyers are becoming younger.

Mukesh Ambani's net worth crosses Rs 3 trillion, Radhakishan Damani sees most increase in wealth

India is also expected to become the third largest contributor in Asia

The reason for India's performance was a 30 per cent jump in the stock market