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India, Singapore defy declining global wealth trend, why?

India, Singapore defy declining global wealth trend, why?

by AIP Online Bureau | Sep 4, 2023 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

India was one of few countries which experienced a wealth increase and along with Russia, Mexico and Brazil saw the largest wealth expansion. In terms of wealth per adult, Switzerland continues to top the list followed by the USA, Hong Kong, Australia and Denmark...
India, Singapore defy declining global wealth trend, why?

Investors’ wealth erode by Rs 5.86 lakh cr in FY23; Sensex marginally up 0.72 pc

by AIP Online Bureau | Apr 1, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”In FY23 we have seen events of decadal high inflation, aggressive monetary policy stance by global central banks w.r.t interest rate hikes, banking crisis in US and Europe, and continuing Russia-Ukraine war,” said Srikanth Subramanian, CEO of wealth...
Mukesh Ambani 9th wealthiest in the world, Adani at 23rd rank

Mukesh Ambani 9th wealthiest in the world, Adani at 23rd rank

by AIP Online Bureau | Mar 22, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Mukesh Ambani, Chairman and Managing Director,Reliance Industries’ In stark contrast to the 2022 M3M Hurun Global Rich List, India is at the top of the league table when it comes to wealth depletion Chennai: Despite an erosion of 20 per cent or $21 billion in...
Investors wealth tumbles Rs 2.67 lakh cr in early trade

Investors wealth tumbles Rs 2.67 lakh cr in early trade

by AIP Online Bureau | Mar 10, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Heavy selling in financials, banking, IT and capital goods shares triggered by weak Asian markets and overnight losses in the US market dragged down the benchmark indices, analysts said Mumbai: Stock investors wealth eroded by more than Rs 2.67 lakh crore in early...

Social sector spending by rich drops despite increase in wealth: Report

by AIP Online Bureau | Mar 3, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Going forward, the private philanthropic giving in India is estimated to grow at 11 per cent per annum and reach 1.86 lakh crore in FY27, the report said In the last five years, total social sector expenditure in India has seen an annual growth of 15 per cent per...
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