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Monday, April 6, 2026
TopicRich

Topic: Rich

There are two kinds of rich Indians. One believes in India story, other flees the country

While it is unfortunate that a large number of High Net Worth Individuals have left India and taken citizenship elsewhere, the number of HNIs in the country is continuously increasing.

India’s affluent likely to number 100 mn in next 3 yrs, says Goldman Sachs, cites increase in assets

The Rise of Affluent India report noted that the affluent segment — roughly 4% of India’s working-age population — has expanded 12 times faster than overall population in past 4 years.

Pakistan’s plight isn’t solely because its elite are corrupt. Their values have failed too

Stop blaming the world for Pakistan’s problems. You cannot hate the West and also supplicate it for bailouts or apply for immigration. We are authors of our own misfortune.

Why Oxfam report on inequality in India doesn’t add up — old data, unlikely tax burden on poor

It's hard to reconcile how bottom half of population makes up 64% of taxes on food & non-food items when most are either exempt, bought once in a few years, or not bought by poor.

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.

The super-rich are buying luxury online like never before

It’s not just the number of online auctions that has risen. Buyers’ price thresholds have shot far beyond anyone’s expectations.

A home-coming tip for rich, unapologetic billionaires like Vijay Mallya

If Vijay Mallya wants to redeem himself, he can't be the king of good times anymore. .

On Camera

US pilot rescue in Iran must be seen more than war cost. Nation protects its warriors

A live American pilot paraded on Iranian state television would have been an intelligence windfall and a propaganda coup of historic proportions.

What to expect from China’s new 5-year plan—trade innovation, tensions with partners

ASEAN is struggling against a flood of 'underpriced Chinese goods', while Brazil has imposed anti-dumping duties on Chinese steel.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.