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NOUVEAU RICHE IN INDIA
How gentleman’s relish sold smelly fish with snobberyPoet Dom Moraes's lament for his unmoored life in India, contrasted with his friend's English homecoming, highlights Gentleman's Relish as ...
Gotham was always a rich man's town, but guess what New York just dragged in?A writer reflects on watching Zohran Mamdani’s victory speech, recalling his own experience as a young Gujarati immigrant in New York City ...
Yes Bank eyes wealth foray after deal with Japan’s SMBCYes Bank is planning to enter wealth management after partnering with Sumitomo Mitsui Banking Corporation. India's wealthy population is gr...
Zara, Levi’s, Lacoste among global fashion brands that may be hit by new GST ratesIndia's tax overhaul is set to reduce prices on various goods, but global fashion brands face higher levies on apparel exceeding $29. This ...
Catch the nouveau riche! Income tax dept casts a new dragnetIndia's burgeoning affluent class, particularly in smaller towns, is driving luxury goods sales, often evading income tax. To address this,...
Why the success of egg storage also led to shortagesThe Chicago Mercantile Exchange, initially trading butter and eggs, evolved into a leading global financial institution. The US currently f...
View: Being stealthily wealthy and wise is the style statement of the new richNew wealth doesn't necessarily mean starting from scratch - although that helps one's street cred. They can be young members of old money u...
Why our HNIs deserve a happy, prettier new yearAlong with things like SEZs, let’s have ASBs – Areas of Serious Beauty – to live in
Why India's diverse literary heritage must go nationalIt would not be far-fetched to speculate that many non-South Indian MPs present there would have been at a loss if asked what Silappatikara...
Mercedes-Benz bets on India's nouveau riche to drive luxury car sales"The base is getting broader and gradually moving beyond our traditional customers," said Martin Schwenk, chief executive of Mercedes-Benz ...
Bangalore India’s No. 1 luxury homes marketOne of the main factors driving real estate growth in Bangalore is the pace of job creation, which surpasses all other Indian cities.
India bigger market than China for Le CirqueFor Le Cirque restaurant chain, India is the largest Asian market contrary to China, as often believed.
Luxury boats business zooms around 10% as cash-rich southern businessmen live life king sizeIndia's market for luxury boats and yachts has grown by around 10% in the last three years as cash-rich from Hyderabad, Kerala, Chennai and...
Luxury retailers hiring and training staff in local dialect and retail etiquettes to woo new richLuxury retailers are hiring people who can talk in local dialect, training staff in retail etiquettes to make customers feel at home and ed...
Kerala, God's own country? You bet!The treasure trove worth Rs 1 lakh crore unearthed at the Sree Padmanabhaswamy Temple in Thiruvananthapuram has already triggered a chain o...
Owning a house in London's Mayfair is the latest status symbol for India's nouveau richeA home in Mayfair, it seems, is now a must-have status symbol for India's nouveau riche, as well as a viable investment avenue.
- Saffronart lines up auction of fine jewels
Leading auctioneer Saffronart is soon coming up with a novel auction of fine jewels, the second of its kind in India.
- Ambani's skyscraper, Mittal's Alps abode on Forbes' list
Mukesh Ambani's upcoming skyscraper and Lakshmi Mittal's getaway in the Alps are among world's top ten 'Billionaire Playgrounds'. In pics: ...
HNIs now want to preserve wealthSG Private Banking India executive director and head, Nipun Mehta, shares his thoughts on the psyche of nouveau riche in India, equity mark...
- BNP Paribas to offer structured financial products in India
Structured financial products, investment options that give higher return than deposits but do not carry investment risks, are here.