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New Delhi [India], August 4 (ANI): Around 60 per cent of India's Uber rich wealth is still parked in real estate and gold, according to a report by Bernstein. Uber rich individuals includes Ultra High Net Worth Individuals (UHNI), High Net Worth Individuals (HNI), and the Affluent class. The report stated 'Uber Rich own approx. USD 2.7 Tn in serviceable assets, approx. 60 per cent wealth still parked in real-estate & gold'. As per the report, India's total household assets are valued at USD 19 ...Read More >
NEW DELHI: India is witnessing a growing trend of capital flight as high-net-worth individuals (HNWIs) increasingly invest in overseas assets and seek residency or citizenship abroad. According to the Henley Private Wealth Migration Report 2025, India is expected to lose 3,500 millionaires this year alone, making it one of the top countries experiencing outflows of wealthy individuals. Affluent investors from tier-2 and tier-3 cities are also buying real estate abroad, especially in Dubai, often ...Read More >
Even in FMCG companies that reported a slowdown in Q2, the premium portion of their portfolios grew in double-digits. With the September quarter earnings season all wrapped up, the picture on the cards is clear, there's a broad-based slowdown in urban consumption across product categories. However, in the eye of the storm, the 'Affluent India' theme remains buoyant, seeing no pressure despite waning demand from the urban population, suggested Arnab Mitra, India Consumer Analyst, Goldman Sachs. ...Read More >
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