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Tuesday, July 22, 2025
TopicMillionaires

Topic: millionaires

Fewer millionaires set to emigrate this yr, India produces ‘far more’ than those leaving — Henley report

The report predicts net emigration of 4,300 millionaires in 2024, lower than the outflow in 2023 & 2022. Congress has raised concerns about the outflow of HNIs from the country.

‘Want to be an intellectual’: Chinese millionaire fails to pass varsity entrance test for 27th time

Liang Shi first took the test in 1983 as a 16-year-old. Having failed in his first attempt, the university aspirant kept on taking the dreaded test.

UK-based firm estimates 6,500 Indian millionaires will move abroad in 2023, fewer than last yr

According to The Henley Private Wealth Migration Report 2023, Australia emerged as the top destination for high-net-worth individuals, followed by the UAE & Singapore.

Where are India’s missing millionaires? Big numbers of rich don’t tally with income, spending data

There were 7.64 lakh dollar millionaires in India in 2019 according to Credit Suisse, but in the same year, just 3.16 lakh people in the country declared income of over $70,000.

‘Raise our taxes’, millionaires around the world are asking their govts. Here’s why

A group of around 80 wealthy people, called Millionaires for Humanity, warn that coronavirus could push millions of people into poverty, further straining health-care systems.

On Camera

India’s TRP ecosystem needs a reset. Time to end BARC monopoly

A ratings monopoly in India has led to lack of technological variation, resulting in sluggish systems detached from market dynamics.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.