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HIGH NETWORTH INDIVIDUALS NEWS

6,500 high net worth individuals likey to exit India in 2023: Report

June 14, 2023 11:12 am

With reference to other countries, this number of 6,500 for India for 2023 compares with expected net outflow of 13,500 HNWIs in China, 3,200 HNWIs in the UK and 3,000 in Russia.

Number of ultra-high-net-worth individuals in India to rise 58% in 5 yrs: Report

May 17, 2023 3:34 pm

Number of ultra-high-net-worth individuals in India, having net worth of over $30 million, fell 7.5 per cent last year to 12,069 but will rise to 19,119 in the next five years, according to Knight Frank.

Funds, HNIs eye slice of Alibaba mega IPO

September 15, 2014 1:31 am

Indian investors can invest in Alibaba IPO via overseas trading accounts.

P-Notes investment rises to 10-month high of USD 28-bn in September

October 21, 2013 2:48 pm

At the end of August,foreign investments into Indian markets through P-Notes was at Rs 1.65 lakh crore.

Income-tax returns may require disclosure of all assets

April 30, 2013 9:02 pm

Govt is considering to introduce a new income tax return form,a senior finance ministry official said.

How super rich invest now

May 21, 2012 2:56 am

HNIs changed their investment strategies after 2008 to preserve capital and reduce risk

Read his lips before you invest

February 20, 2012 3:13 am

It feels good to have a personal banker or a relationship manager,but one should not blindly follow their investment advice

'Asia to add 1.66 mn millionaires by 2015'

August 31, 2011 4:50 pm

China alone would be home to nearly half of the millionaires in Asia with combined wealth of $8.8 trillion.

Citi Fraud: Aggarwal won't pursue arrest of Vikram Pandit

January 25, 2011 7:22 pm

Within a fortnight of Citibank saying that it would 'fairly compensate' the victims in the Rs 400 crore fraud,Sanjeev Aggarwal today said he would not pursue his complaint.