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GENERATIONAL WEALTH TRANSFER INDIA
Chinese Proverb of the Day: “Giving your son a skill is better than giving him 1,000… — Life lessons on education, learning, personal growth, success and why skills outlast wealthChinese Proverb of the Day highlights the meaning of “Giving your son a skill is better than giving him 1,000 pieces of gold.” The saying e...- Bengaluru emerges as India's U30 capital as startup ecosystem turns DeepTech and hardware-focused: Priyank KhargeBengaluru has emerged as India's premier hub for young entrepreneurs, with 21 founders making it to the Avendus Wealth - Hurun India U30 Li...
- US rally vs India story? Wealth managers explain why NRIs should stay the course for next 10 yearsDespite recent volatility, wealth managers believe NRIs should remain invested in India, citing strong structural growth, resilient domesti...
- Father can't relinquish daughter’s share in ancestral property to son; Know the legal positionA father cannot legally sign away his daughter's rightful share in ancestral property to his son, the Andhra Pradesh High Court has ruled. ...
- Container manufacturing scheme aims for 10x rise in domestic capacity: Sarbananda SonowalIndia has successfully manufactured its first export-import shipping container for global giant A.P. Moller-Maersk, marking a significant s...
- India has got a $5 trillion sleeping giant: Can govt wake it up?India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...
- India's coal-fired power output in June rises to highest since November 2023India's electricity demand surged in June, pushing coal-fired power generation to a near three-year high. Record heatwaves and a weak monso...
- Rs 50 lakh SUV or 20 e-rickshaws? CA says one could earn up to Rs 1.2 lakh a monthA Chartered Accountant's social media post ignited a debate by contrasting a Rs 50 lakh luxury SUV with investing in 20 electric rickshaws....
- From OpenAI to Sarvam, governments may want skin in the AI gameGovernments are exploring ownership stakes in leading AI firms like OpenAI and Sarvam AI, signaling a shift in viewing artificial intellige...
- Sam Altman wants to give a 5% OpenAI stake to the US government: ReportOpenAI is reportedly exploring a 5% equity stake for the U.S. government, a move aimed at easing political concerns and fostering ties with...
- Trying to look rich at 30? CA points out a habit which could keep you middle class for lifeChartered Accountant Nitin Kaushik warns that projecting an image of wealth through expensive purchases in one's twenties and thirties can ...
- Rs 30,000 salary, Rs 2 lakh monthly income: How one man turned a car into a wealth-building machineA man earning Rs 30,000 monthly transformed his financial future by using his car as a taxi after work. This initial side hustle grew, allo...
- What Millennials need from their Boomer parents (and what Boomers can teach back)
- Kotak to buy Deutsche's India retail, wealth businessKotak Mahindra Bank is set to acquire Deutsche Bank's retail, private banking, and wealth management operations in India. This significant ...
- Which mutual funds are best for SWP? Expert explains, also decodes STP tax implicationsChoosing the right mutual funds for a Systematic Withdrawal Plan (SWP) hinges on individual financial goals, investment horizon, and risk t...
- Supply crunch lifts stablecoin premium above 8.5% in IndiaIndia is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ball...
- Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...
- 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...
- ‘You cannot rescue a drowning family if you go broke’: CA shares the brutal truth of first-generation wealthFirst-generation wealth builders face a unique challenge: family expectations can drain resources. CA Nitin Kaushik warns that rescuing rel...
- India to have 26,000 high net-worth families by 2030, says reportThe number of high-net-worth families (with wealth over $30 million) in India is set to increase from 16,000 in 2025 to about 26,000 by 203...
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