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Friday, April 10, 2026
TopicWealth management

Topic: Wealth management

Jaithirth Rao is wrong. Material wealth and economic apartheid are not Positive Economics

Entrepreneur Jaithirth Rao's recent attack on Oxfam report on inequality ignores the fact that only the rich are getting richer in this beleaguered Indian economy.

Kotak Mahindra Bank Ltd.’s wealth unit dials down its bearish stance on India

The private banking unit has started advising clients to bring their cash holdings down and to selectively load up on mid-cap shares.

Southeast Asia’s biggest bank DBS bets on India to reduce reliance on Singapore

The DBS group wants to tap Indian consumers by bolstering loans to reduce reliance on Singapore from which it derived 62% of its revenues in 2018.

On Camera

Tamil Nadu’s elections are fought on delivery—ideology appears only when needed

Electoral competition now appears dominated by welfare delivery and governance metrics, but ideology has not disappeared in Tamil Nadu. Instead, it has become strategic.

Data centre gold rush risks blackouts, central electricity body warns states against tripping grids

India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.

India working on lowering military reaction time to hostilities, boosting use of AI—CDS Gen Chauhan

On lessons from the ongoing West Asia conflict, he says that while US had superior technology and strike capability, Iran used geography to its advantage.

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.