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WEALTHY INDIANS
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...
In 1873, had Bankim Chandra Chattopadhyay's palanquin not taken a wrong turn, India might never have got 'Vande Mataram'An 1873 encounter with a British officer in a palanquin ignited Bankim Chandra Chattopadhyay's patriotic fervor, leading to the creation of...
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-...
IIM grad reveals how Rs 500-crore guy shocked him: ‘He took me to a simple…’A San Francisco entrepreneur highlighted the stark difference between old and new money. He described a generational wealth individual as m...
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...
Luxury homes emerge as wealth play? Madhusudan Kela buys apartment at DLF’s The DahliasDLF has sold a residential apartment in its ultra-luxury project The Dahlias in Gurugram to Kela for Rs 120.71 crore, according to media re...
Telugu director just beat Hollywood's Clint Eastwood record with his comeback movie. How he brought his 40-year dream to lifeLegendary filmmaker Singeetham Srinivasa Rao has made history with his 61st directorial venture, Sing Geetham, a musical fantasy released a...
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 ...
India, US 'very close' to inking a trade deal, says Trump after meet with ModiUS President Donald Trump stated that India and the US are very close to finalizing a trade deal, following a meeting with Prime Minister N...
Hollywood to Bollywood no more: US makes a move in India's backyardThe United States has renamed its Indo-Pacific Command back to Pacific Command. This change signals a strategic shift away from broad allia...
ET Alpha Wealth Summit | Go for global allocation in a deliberate manner; not as a knee-jerk reaction to short-term underperformance: Rahul JainIndia's wealthy investors are now considering global markets. Wealth managers at the ET Alpha Wealth Summit confirmed this shift. However, ...
ET Alpha Wealth Summit | Wealthy Indians are still way underinvested in global stocks, says PPFAS's Rajeev ThakkarIndian wealthy investors must look beyond this year's market ups and downs for wealth protection. Experts advise a long-term strategy for l...
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...
To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...
RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
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...
Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...
‘I am embarrassed...': Ankur Warikoo recalls career mistake that cost him 9 months of his work and added zero valueEntrepreneur Ankur Warikoo shares a past regret. In 2014, he accepted advisory roles in 14 startups. This decision, inspired by a wealthy b...