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CHINA WEALTH TAX
Chinese spending curbs weigh on Hermes salesRevenue in the region that includes China, the luxury group's biggest market, flatlined at constant exchange rates, Hermes International sa...- India must avoid copying China's aggressive tax policies on private wealth and offshore assetsDeveloping economies often look to the US and China for cues on taxation, infra spending and policy. India, for one, must steer clear of em...
- Cash-strapped China targets offshore wealth with new taxChina has introduced a 20 percent tax on dividends and interest from offshore trusts to combat a fiscal deficit. Wealthy citizens must sett...
- Jio IPO’s GMP rises to 22% as India’s largest ever issue set to open on October 21. Should you subscribe?The IPO is priced at Rs 1,065-1,119 per share and will open on October 21, closing on October 23. At the upper end of the price band, the g...
- Global Market: China's wealthy rush to unwind offshore trusts as tax deadline loomsChina’s wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas...
- Diwali Sale 2026: Buying fridge, AC, or washing machine online? Here’s how to get the best deal on big appliances and save moreOnline sales of big appliances are growing at 25% as the festive sales begin. The Kagan 2026 Asia-Pacific Consumer Insights survey by S&P G...
- Gold prices are sliding but China goes on a relentless buying spreeChina's People’s Bank has significantly increased gold reserves in September, marking its highest growth rate in three years. As demand for...
- India has gone from half-full to half-empty. That's excessive: Vincent Mortier, Group CIO, AmundiVincent Mortier, the chief investment officer of Amundi, reflects on the current state of Indian equities. He believes the recent decline i...
- Great civilisations: Built on trade, but wary of tradersChina ranked people in four groups: scholar, farmer, artisan, merchant. Shi, nong, gong, shang. The idea is old, found in the Guanzi. The s...
- The only billionaires making money this year are in techThe roughly 100 technology fortunes among the world’s 500 richest people gained a combined $845 billion through Sept. 30, the most ever for...
- How much money is considered rich in America? $2.3 million may be the benchmark, but where you live changes everythingThere is no number that suddenly makes a person rich. Still, Americans have a figure in mind. A 2025 Charles Schwab survey found that peopl...
- Sen. Bernie Sanders unveils bill to ban artificial superintelligence and create Department of AISenators Bernie Sanders and Greg Casar have put forward pivotal legislation aimed at banning superintelligent AI and controlling advanced A...
- Tata Sons IPO may spotlight some low-key crorepatisThe Reserve Bank of India has rejected Tata Sons’ application to surrender its core investment company registration and remain outside the ...
- The Year of Freak: How an Elon Musk’s SpaceX employee’s big bet on company stock became a $25,000-a-month adventure across Europe and beyond for a yearBrian Aggrey and Phoebe Novack are enjoying a year of travel and creative pursuits. They are spending $25,000 monthly on experiences and pe...
- Inside Tata's empire as N. Chandrasekaran secures another five-year termTata Sons reappointed N. Chandrasekaran as chairman for another five years. The conglomerate's aviation business includes Air India and Air...
- Indians may heed PM Modi's gold message this festive season, with a twistIndia’s festive gold demand is likely to be stronger in value but weaker in volume this year as record prices, higher import duties and Pri...
- India's middle-income trap has a problem money may fixEconomist Thomas Piketty says India can escape the middle-income trap through massive investment in education, healthcare and infrastructur...
- Stocks in news: Tata Group stocks, HDFC Bank, Coforge, HFCL, Sun Pharma and Varun BeveragesOn September 11, Indian stock markets experienced a remarkable bounce back after an initial dip at opening. Key index heavyweights attracte...
- Global Market: Hong Kong draws professionals back as IPO boom revives financial hubHong Kong is seeing finance professionals return as a strong IPO market, rising corporate investment and deeper China links revive its appe...
- Largecap safety trade? 8 Nifty stocks test investor patience with losses for two yearsOver the past two years, eight Nifty stocks have experienced declines, with notable IT giants like TCS and Infosys pressured by shifts in c...
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