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WEALTHY INDIANS INVESTING IN GOLD
Generational wealth vs new money? ₹500 crore businessman in slippers, startup founder on investor funding in BMWA viral X post contrasts two meetings with wealthy individuals, sparking debate on old versus new money. One encounter featured a generatio...- Best Saying of the Day: “Rich worry about losing money; poor worry about...” - A powerful lesson on wealth, poverty and peace of mindBest saying of the day: The saying highlights how financial concerns affect people at every stage of life. While wealth may bring fears of ...
- Hybrid SIFs lure wealthy investors with tax edge and stronger returnsAffluent investors are increasingly turning to newly launched hybrid specialised investment funds (SIFs) for their tax efficiency and bette...
- Domestic SIPs power India's market resilience amidst FPI outflows: HDFC SecuritiesIndia is experiencing a pivotal shift in its financial markets as domestic investors take the lead over foreign entities, enduring a three-...
- She sold her wedding gold to buy expensive Hermès handbags. Is luxury fashion becoming the new gold?A Dubai woman reportedly sold all of her wedding gold jewellery to begin collecting Hermès handbags, believing the luxury accessories would...
- Adding gold to portfolio can boost returns without significantly increasing risk: WhiteOak studyA WhiteOak Capital study highlights the benefits of a multi-asset strategy, showing that combining equity, debt and gold can improve risk-a...
- Jonnagiri gold mine to boost domestic production, advance 'Made in India' ecosystem, says Lloyds chiefIndia's gold import dependence is set to decrease with the inauguration of the Rs 405-crore Jonnagiri gold mine in Andhra Pradesh. This mar...
- Gold rate today (June 23, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Joyalukkas, Malabar Gold & Diamonds, Tanishq & IBJA in Delhi, Mumbai, Hyderabad,other citiesGold rate today: Gold prices saw a welcome dip today, offering relief to eager buyers. Major brands like Tanishq, Malabar Gold & Diamonds, ...
- 900 kg gold every year! India's first private gold mine begins operations in Andhra Pradesh's Swarnagiri. Check detailsAndhra Pradesh is making history with India's first private gold mine, Swarnagiri, formerly Jonnagiri, set to begin commercial operations. ...
- Indian investors lead the world in AI adoption for finance, but still trust humans with the final callIndian wealthy investors are leading the world in using AI for financial research and analysis, with 86% leveraging the technology. While A...
- NFO Insight: Can JM Multi Asset Allocation Fund help investors navigate uncertain market?JM Financial Mutual Fund has launched the JM Multi Asset Allocation Fund, aiming to provide long-term capital appreciation and income by in...
- Gold may fall to $3,800 on Fed hike risk; ETF outflows, weak Asia demand weigh: Deutsche Bank reportDeutsche Bank has significantly lowered its gold price forecast, warning of a potential drop to $3,800 per ounce if the Federal Reserve imp...
- NFO Alert: JM Financial Mutual Fund launches multi asset allocation fundJM Financial Mutual Fund has launched its new JM Multi Asset Allocation Fund, an open-ended scheme designed for long-term wealth creation. ...
- Quote of the Day by Morgan Housel: 'Spending money to show people how much money you have...'- The Psychology of Money author's classic money lesson on why looking rich can be the fastest way to lose wealthMorgan Housel, author of 'The Psychology of Money,' reveals a key insight: spending to appear rich is the quickest path to having less. Tru...
- Digital gold players ramp up audits, vault checks to boost transparency amid regulatory scrutinyDigital gold providers are enhancing transparency with independent audits and vault checks, aiming to build trust as the sector serves 80 m...
- NFO Alert: Zerodha Fund House launches 2 target-date Life Cycle fundsZerodha Fund House has launched India’s first target-date Life Cycle Fund series, offering two schemes: 2036 and 2041 maturities. The NFO i...
- Tokenised gold: A new way to invest in gold or a risky bet? What Indian investors need to know before investingTokenised gold is emerging as a new investment option in India. It uses blockchain to represent physical gold digitally. Investors can trad...
- ET Alpha Wealth Summit | Wealthy Indians are quietly shifting money into gold, global stocks and AI infrastructure; Rajesh Saluja explains whyIndian investors are shifting focus from maximizing returns to building resilient portfolios. Experts advise diversification across assets ...
- Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
- India's forex reserves drop $711 million to $681.610 billion, RBI data showsIndia's foreign exchange reserves saw a dip of $711 million, settling at $681.610 billion by June 5. This decline was primarily driven by a...
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