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CHINA WEALTHY HOUSEHOLDS
Hotel giants bet India’s local travel boom can defy slowdownMajor hotel groups are investing heavily in India. They expect a surge in domestic travel to drive growth. This expansion continues despite...- In 1942, a plowman struck something unexpected beneath a wartime field and discovered a hoard of Roman silver hidden for over 1,600 yearsA farmer's plow unearthed a remarkable Roman silver hoard in England. This discovery challenged previous beliefs about Roman Britain's weal...
- Is a college education still worth it in India?India must confront the impact of AI on jobs due to its large youth population, reliance on software services, and an oversupply of graduat...
- India received highest number of regressive tax recommendations from IMF: OxfamAn Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...
- Indians get richer as ₹8.5 crore-plus net worth households jump 90% to 8.7 lakh, Mumbai leads: Hurun reportIndia's affluence is rapidly increasing, with millionaire households expected to surge by 90% to 8.71 lakh by 2025. Mumbai leads as the 'Mi...
- Crorepati kaun? India, China's wealthy household race hots upIndia is rapidly catching up to China in the wealthy household league, driven by technology, services, and entrepreneurship. While China cu...
- India's super rich are hiding their income, pay less tax than you thinkRich Indians' tax: A recent study reveals a concerning trend in India: the wealthiest individuals report significantly lower incomes relati...
- Tariffs to hurt U.S middle class, Donald Trump to hike tax by $2000? Here's what a report statesUS President Donald Trump's new tariffs on imports from Mexico, Canada, and China could lead to a $2,000 yearly tax increase for American m...
- China finance giant alarms markets, regulators with missed paymentsChina's banking regulator has established a task force to examine risks at wealth management group Zhongzhi Enterprise, after several of it...
- India amongst the most unequal countries in the world, says reportAs per the 'World Inequality Report 2022', India is among the most unequal countries in the world, with rising poverty and an 'affluent eli...
- Where the world’s richest 1% are gaining wealth the fastestThe richest 1% in eight of the 10 nations boosted their share of the wealth last year, primarily due to interest rates cuts following the C...
- Population of wealthy Indians to grow 71% by 2022: ReportThe country is also expected to become the third largest contributor in Asia with respect to wealthy population after China and Japan.
- China's market crash is reversing the most important thing the government has been trying to do in decadesUnfortunately, in the market crash the country has been experiencing since June 12, consumers are getting absolutely crushed.
- China's middle class 10 times larger than that in IndiaCredit Suisse's Global Wealth Report 2014 released on Tuesday says that there are one billion adults at present who belong to the middle cl...
- India ranks 15th with 175,000 millionaire households in 2013: ReportGlobally, the amount of wealth held privately rose by $19.3 trillion in 2013, nearly twice the increase of $10.7 trillion seen in 2012.
- India has more rich households than most European nationsIndia, the world’s second most-populous country, has more wealthy households than most European countries
- Indians lead among emerging mkts in charityIndian has emerged as one of the leaders in charitable giving among emerging markets, compared to other nations such as China and Brazil.
- Smaller Chinese cities key for luxury brands: StudiesForeign luxury brands looking to win in China need to reach into cities that are barely known to the rest of the world but are home to star...
- Indians are rich, Westerners are filthy rich!Developed countries are still the primary breeding grounds for tomorrow's wealthy, a new study says.
- 1bn, 300 mn: The new Chinese consumerOne billion, 300 million customers: It’s a number that has captured the attention of every company in the world that wants to do business i...
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