61,000 Indian millionaires shifted overseas in last 14 years: Report

Last Updated: Sunday, July 26, 2015, 11:16

A joint report by New World Wealth and LIO Global said the change in domicile, along with a rise in second citizenship applications, has increased dramatically since the turn of the century.

The actual cost of the Food Security Bill is the dignity of the rich

Last Updated: Thursday, September 5, 2013, 17:21

What is the job of the government? This is a broad question which has a broader answer: Welfare. Welfare of whom? Its citizens.

Rich Indians hoarding banknotes, gold and art works in Swiss banks

Last Updated: Sunday, July 1, 2012, 13:21

Amid a global crackdown against alleged black money in secret accounts of Swiss banks, their bankers are selling a new safe-haven idea to their rich clients from India and other countries -- the high-value 1,000 franc notes to be stored in safe deposit boxes.

India to have over 4 lakh millionaires by 2015

Last Updated: Sunday, September 11, 2011, 20:22

The millionaire club is set to witness a major boom as their numbers are expected to more than double to 4.03 lakh by 2015 on the back of a robust economic growth and impressive returns from stock and property markets.