by AIP Online Bureau | Feb 24, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Foreign Institutional Investors (FIIs) offloaded shares worth Rs 1,417.24 crore on Thursday, according to exchange data “The domestic market is broadly demonstrating a lack of confidence, registering its sixth consecutive day of losses despite global markets...
by AIP Online Bureau | Jan 16, 2023 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Since the pandemic begun to Nov 2022, billionaires in India have seen their wealth surge by 121 per cent or Rs 3,608 crore per day in real terms, Oxfam said On the other hand, approximately 64 per cent of the total Rs 14.83 lakh crore in Goods and Services Tax (GST)...
by AIP Online Bureau | Nov 3, 2022 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy
In APAC, the gender wealth gap is the largest in India at 64%. The study found that one of the contributing factors for this can be the significant gender pay gaps in the country, which exceed the global average, particularly for professional and technical roles....
by AIP Online Bureau | Oct 20, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Mukesh Ambani, who controls Reliance Industries, the energy to telecom giant, is at number two with USD88 billion, down 5per cent from last year. Between them, Adani and Ambani now account for 30per cent of the total wealth of India’s 100 richest Mumbai: The...
by AIP Online Bureau | Jun 16, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“After today’s sharp plunge, we suspect bulls will have to battle hard in the backdrop of a hawkish Fed and RBI, spiking oil prices, inflation concerns, growth fears and persistent FIIs selling,” said Prashanth Tapse, Vice President (Research), Mehta...