by AIP Online Bureau | Dec 4, 2024 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management, Wealth Management/ Philanthropy
StanChart’s assets under management sourced from wealthy Chinese and Indians with global needs rose by about 40% and 20%, respectively, in the 12 months ending September, its data shows. LONDON/HONG KONG: Standard Chartered (StanChart) will target $200 billion in new...
by AIP Online Bureau | Nov 2, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
In Samvat year 2080, investors’ wealth surged by a whopping Rs 128 lakh crore (about $1.5 trillion at current exchange rate) to Rs 453 lakh crore in just one year. This made Samvat 2080 the biggest wealth-creating year on record, banking upon a stable...
by AIP Online Bureau | Oct 10, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Mukesh Ambani, the chairman and managing director of Reliance Industries Mukesh Ambani, the chairman and managing director of Reliance Industries, has once again claimed the top position on Forbes’ 2024 list of India’s 100 richest tycoons. His wealth increased...
by AIP Online Bureau | Oct 7, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 8,293.41 crore on Monday, while Domestic Institutional Investors (DIIs) bought equities worth Rs 13,245.12 crore, according to exchange data New Delhi: Market investors became poorer by Rs 8.90 lakh...
by AIP Online Bureau | Sep 17, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
“The wealth of rich Indians is growing at a rapid pace; between FY19 and FY24, the number of Indians earning over Rs50 mn grew by 49 percent to 58,200, while those earning over Rs100 mn increased by 63 percent to around 31,800,” said the report New Delhi:...