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WEALTH AND INCOME IN INDIA
What Kautilya’s Arthashastra reveals about temples, money and the politics of faithKautilya’s Arthashastra offers a strikingly unsentimental view of religion, treating temples as centres of wealth, influence and political ...
What does ‘middle class’ really mean in India? Even Rs 2.5 lakh monthly earners say they are not ‘rich’. 3 factors can explain whyWhat does it actually take to be considered rich in India? A monthly income of Rs 2.5 lakh may sound high, but for many people it still doe...
Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...
ET Alpha Wealth Summit 2.0: How are India's family offices investing in 2026?At ET Alpha Wealth Summit 2.0, experts will explore how India’s family offices are reshaping their investment strategies in 2026. From priv...
Earning in dollars doesn’t make NRIs better investors: Currency advantage alone isn’t enoughFor NRIs earning in stronger foreign currencies such as dollars, pounds or dirhams, investing in India can offer greater rupee purchasing p...
Rs 1.09 crore remittance sent home by an Indian working in Kuwait, but he didn't file ITR, received income tax notice; gets relief in ITAT AhmedabadIndian man working in Kuwait oilfields, got his salary in National Bank of Kuwait, remitted Rs 1.09 crore back to family in India, files no...
How is Gen Z affording iPhones, cafés and weekend plans on Rs 30,000-50,000? CA explains the uncomfortable truthCA Nitin Kaushik explains why Gen Z’s expensive-looking lifestyle does not necessarily indicate higher wealth. iPhones, branded sneakers, c...
Global investing is no longer optional for Indian investors—but diversification is more than buying NVIDIA and Apple: Dhiraj RelliBut simply buying familiar names such as NVIDIA, Apple or Tesla does not automatically create a diversified international portfolio, warns ...
India is consumer giant Unilever's blueprint for emerging-market growth: CEOUnilever views India as its emerging market growth blueprint, anticipating significant expansion. The company is allocating substantial acq...
Rs 34 lakh F&O trading loss: Income Tax dept calls it speculative, ITAT Delhi treats Rs 25 lakh as business lossTaxpayer lost Rs 34 lakh in F&O trading but reports it as business loss; Income Tax dept treats it as speculative loss; ITAT Delhi treats R...
Virat Kohli and Anushka Sharma’s ₹1,300 crore fortune: How the power couple built their wealth through businesses, investments and endorsementsVirat Kohli and Anushka Sharma have built substantial wealth beyond their careers. Kohli's income stems from cricket, endorsements, and div...
How to get Rs 3 lakh/month from my Rs 2 crore EPF corpus?ET Wealth Reader's Query: I retired at 53 and have Rs 2 crore in my EPF account. I understand that I can continue to earn interest on the b...
Air India's new chief Tewolde Gebremariam takes charge: Big plans to 'Make Air India Great Again' with safety-first approachAir India's new leadership has committed to prioritizing safety above all else, especially following recent grave safety concerns and a tra...
Amit Shah calls western states 'WEST' engine of India's economyUnion Home Minister Amit Shah highlighted the western region as India's economic growth engine. He defined 'WEST' as wealth, exports, start...
Indian retirees missed out on equity wealth: How decades of pension-led retirement saving left portfolios stock-lightFor the longest time, we had a defined benefit plan. Even today, we have around us many retired government and public sector employees (and...
Waterfield Advisors launches two GIFT City funds for global diversificationWaterfield Advisors has launched two GIFT City-based outbound AIFs to help Indian family portfolios diversify across global equities, commo...
Bhaichung Bhutia net worth: The football icon had Rs 127 crore in assets in 2024, including Rs 124 crore in propertyBhaichung Bhutia's recent election affidavit reveals a substantial asset valuation exceeding Rs 127 crore. His estimated net worth is aroun...
In 1979, Rahul Mehta’s parents sold their gold and silver to fund his first semester in America; decades later, he helped establish eight schools across six IITsRahul Mehta, after selling four companies, now invests in India's intellectual capital. His foundation supports academic programs at IITs, ...
- Make growth piggyback on savings
Household savings are increasingly held in financial assets, not physical ones. This shift creates a significant mismatch for long-term inv...
HSBC joins PEs in race for Nuvama WealthAsia-Pacific-focused private equity firm PAG, current owners of the listed financial services company, has revived attempts to sell the bus...