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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.

P-Notes cover lost ground, investments race to over 7-year high

Last Updated: Tuesday, June 30, 2015, 15:18

Investments through participatory notes (P-Notes) into India's capital market stood at Rs 2.85 lakh crore (about USD 45 billion) at the end of May, the highest level in more than seven years.

China now home to 1 million 'super rich': Report

Last Updated: Wednesday, May 27, 2015, 23:58

The number of high net worth individuals (HNWIs) in China has passed the one million mark for the first time last year following a surge in the "innovative industries" sector, a study has shown.

Christians hold largest percentage of global wealth: Report

Last Updated: Wednesday, January 14, 2015, 16:54

It said the total wealth held by Christians stood at USD 107,280 billion, which account for over 55 percent of worldwide wealth, followed by Muslims at the second place with wealth of USD 11,335 billion (5.8 percent) and Hindu (USD 6,505 billion, 3.3 percent).

Religare to buy Macquarie stake in wealth management JV

Last Updated: Monday, September 2, 2013, 20:43

The equal partnership joint venture was formed in 2007 to serve High Net Worth individuals (HNI) client base in the country.

India records 2nd highest growth of millionaires in 2012

Last Updated: Wednesday, June 19, 2013, 14:55

The world is home to 1.2 crore millionaires, with India clocking the second highest growth of 22.2 percent in its HNI population last year after Hong Kong.

India's HNWI population set to reach 4.2 lakh by 2015: Report

Last Updated: Tuesday, September 25, 2012, 22:31

"Domestic demand, supported by robust job growth, remains a key pillar to Asia's growth dynamics," it added.