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INTERGENERATIONAL WEALTH
‘Middle class fears EMI. Marwaris fear idle capital’: Check the wealth habits of Marwaris, one of the richest communities of IndiaMarwari families build lasting wealth not by earning more, but by operating like a coordinated private equity fund. They prioritize ownersh...
Private investors need consumer demandIndia's government notes a persistent lack of private investment. Companies hold large cash reserves instead of expanding production. Weak ...
Gold, housing plays take a hit as PM Modi's austerity pitch rattles consumer-facing stocksJewellery and real estate stocks experienced a sharp decline after Prime Minister Modi urged financial restraint, advising citizens to post...
Beyond Trusts: The new governance playbook for Indian family businessesSuccession tools like trusts, constitutions, and charters are becoming crucial for stability, continuity, and intergenerational cohesion, e...
$83 trillion changing hands: Are millennials & GenZ ready for the biggest wealth shift in history?
Women financially active but lack tailored advice, reveals HSBC reportWomen are actively managing their wealth but face a 'Fluency Gap' in financial guidance. A new HSBC report reveals affluent women are inten...
Family matters, more than you reckonedFamily offices are now a major force in finance. They are channeling wealth from founders to their children into new businesses. This trend...
From Reels to Real Estate: How GenZ is making property ownership aspirational againGen Z in India is reshaping the housing market, moving away from rentals toward ownership. They prefer under-construction homes for customi...
Grow faster, before we grow too oldHistorically, economies have attracted external wealth before facing adverse demographic shifts. India must now take the lead in embracing ...
Only 7% Indian heirs want to join family businesses: HSBC reportA recent report by the HSBC Global Private Banking explores the succession preparedness of family-owned businesses across India and Asia.
Ultra rich betting on unreal estate to preserve wealthIndian industrialists and family offices are investing in luxury real estate. They see it as a way to preserve wealth and build a legacy. H...
Fresh, new species of animal spiritsUday Kotak expresses concern over declining entrepreneurial drive among business families, with the new generation preferring investment ma...
In 'family' we trust, as much kith as kinAn appellate ruling restricts income-tax exemptions for family trusts to lineal descendants only, which is seen as limiting. Trusts must ad...
Passing the big buck, it runs in the familyFamily offices manage significant global capital mainly to preserve wealth during an intergenerational transfer. Emerging social, ecologica...
Talk of inheritance, expand the 'family'The individual has a means to assert his or her choice, which may be at variance to the so-called 'natural order', on how his lifetime's ef...
How India can unlock intergenerational wealth and secure GenNext's futureAcross the world, there are many intergenerational funds whose corpus is invested in perpetuity to safeguard the principal and then generat...
Hybrid equity savings funds will be the flavour of the month: Feroze Azeez“Hybrid funds, equity savings funds which have 30-40% in equity, will be the flavour. Dynamic bond funds will at least have 35-40%. Industr...
- Time for debate on inheritance tax: Finance Minister P Chidambaram
In order to deal with the issue of accumulation of wealth, Finance Minister P Chidambaram today said the time has come for a debate on impo...
- Inheritance tax, if brought again, may hit India's global ambitions
Estate duty was payable by the executors of the estate of a deceased under the Estate Duty Act, 1953, till June 16, 1985, after which it wa...
- No, it ain't from Ripley's!
In the commission's view, sustainable development requires that future generations have no less of the means to meet their needs than we do...