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EMERGING AFFLUENT STUDY
Quote of the day by Stoic philosopher Epictetus: 'Do not seek for things to happen as you wish, but wish for things to happen as they do happen.' ; lessons on how to embrace reality and stop stressing from Ancient Greek scholarAncient Greek philosopher Epictetus advised embracing reality rather than demanding life conform to our wishes. Much suffering stems from u...- Holiday home operator Elivaas plans new funding round; targets 1,200 villasElivaas, a holiday home operator, is preparing for its next fundraising round to fuel expansion. The company plans to double its villa coun...
- Lifestyle housing, senior living and second homes drive the next real estate demand wave: Industry expertsIndia's real estate sector is shifting towards lifestyle-driven decisions, with buyers prioritizing quality of life and long-term value. Gr...
- Affluent India shifts to experience-led spending, travel accounts for 58% of discretionary wallet: ReportIndia's wealthy are spending more on experiences, especially travel. This shift means consumption is more about personal identity than just...
- Quote of the day by Virginia Woolf: 'It is in our idleness, in our dreams, that the submerged truth sometimes comes to the top': Lessons on introspection from British literary iconHidden truths emerge when we are idle or dreaming. Virginia Woolf noted this phenomenon. Our subconscious mind reveals insights when free f...
- TV retains edge among affluent India as brand equity slips for FMCG majorsDespite a growing affluent consumer base, large FMCG brands face declining penetration and volume share in India. A Kantar study underlines...
- India’s affluent investors flock to specialised wealth products — what’s driving the surge?India's wealthy investors are increasingly moving away from traditional savings like bank deposits towards specialized wealth products such...
- How foolish is it to want 'old fools' to provide?Should the progeny of high networth individuals spend their time doing exactly what the previous generation did? Post-liberalisation India ...
- Is Rs 3 crore enough for retirement? Find out hereWealth is considered so important that wealth creators are anxious about their financial future, a study by Standard Chartered found. The s...
- Indians are most investment-savvy in Asia: Study62% believe financial education would help them reach their financial goals faster, finds Standard Chartered’s Emerging Affluent Study 2018.
- India tops as Asia's most investment savvy economy: Standard CharteredAs per the study, the number one financial goal for India's emerging affluents is saving towards their children's education which is also t...
- Not just virtual: Social media experiences of teens are creeping into real lifeSmartphones often serve as mirrors reflecting problems that teens may already have.
- FMCG industry likely to grow by over 15% in 2-3 yearsIndia is at the cusp of the FMCG S-curve and there is significant room to grow over the next 5-10 years, the CII-Bain & Company said.
- Emerging affluent in India are more confident about growth prospects than global peers: StanChartThe emerging affluent in India are more confident about the growth prospects of business than their global peers, finds a study commissione...
- Average annual income of India's affluent is Rs 1.5-million: ReportThe average annual household income of India's affluent is Rs 1.5 million while the average age is 34 years, younger than most Asia Pacific...
- Asia's political influence to increase: Hamid AnsariAsia's political influence in regional and global affairs would increase and it would regain the dominant economic position it held, Vice P...
- Banks' global capitalisation drops 20%: StudyBanks all over the world-and particularly those in Europe-fared poorly at a time when many observers were expecting the global economy to b...
- Wealthy Indians shell out over 3% of income on donationsYounger wealthy Indians, give a smaller proportion of their income at 2 per cent, compared to 3.9 for their older peers.
- India has more rich households than most European nationsIndia, the world’s second most-populous country, has more wealthy households than most European countries
- India, China emerge as new money hubs: studyThe depth of the financial crisis and the various speeds at which different regions are recovering will accelerate the tectonic shift in gl...
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