scorecardresearch
Friday, November 1, 2024
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

Iran’s real fantasy is to take over Muslim world. Palestine is just a façade

Since 1979, Iran has used the Palestinian issue as a façade for its regional agenda to oppose American diplomacy, the Western world, and the existence of Israel.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.