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Thursday, September 25, 2025
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

How did Nepal become a ‘Hindu Rashtra’?

Nepal called itself ‘world’s only Hindu kingdom’ for much of the previous century. However, for most of history, the country was religiously, politically, and ethnically fragmented.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

‘Agni’ on the move—India successfully test-fires Agni-Prime nuclear missile from a train

With the latest test, India has the capability to launch a nuclear missile from under the sea, surface, air, and now from a railway network.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.