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...
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...
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...
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...
by AIP Online Bureau | Mar 3, 2023 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy
Among the ten passion investments, Knight Frank said art was the top performer with a return of 29 per cent in a 12-month period ending December 2022. More than half of ultra-high net worth individuals (UHNWIs) in India are likely to purchase art along with watches...
