News Muncher - searching for hnis

3 weeks ago

From HNIs to retail, why were gold ETFs investors’ favourites in 2024? Will their stellar performance continue in 2025?

Physical gold has always been a household favourite, but 2024 witnessed a significant surge in demand for gold Exchange Traded Funds among investors. This has created a massive demand-supply gap and has shifted investor interest towards Gold ETFs,” said Mayank Bhatnagar, co-founder and COO, FinEdge. HNI and retail investors' interest “Gold ETFs have witnessed a sharp rise in popularity throughout …

India Gold Mutual Funds 2024 Investors 2025 Jha

3 weeks, 3 days ago

Over 15 Per Cent Of Super Rich In India Are Aged Under 30, Says Report

ABP News

More than 15 per cent of the high networth individuals in the country are aged under 30, a recent report said. Prashant Thakur, Regional Director and Head of Research, Anarock Property Consultants, noted, “A dynamic mix of young entrepreneurs, tech pioneers, and seasoned industrialists driving the expansion in affluent population.” The study found that 20 per cent of the Indian …

India Indian Report Cent 15 Per Cent Uhni Hnis

2 months ago

Zepto eyes $250 mn from HNIs, wealth firms at flat valuation

Live Mint

Quick commerce startup Zepto is looking to raise about $250 million from high-net-worth individuals and wealth management firms, including Motilal Oswal, IIFL and InCred, at a near-flat valuation of $5 billion, three people familiar with the matter told Mint. Ebitda positive Nearly 75% of Zepto’s 350 stores are Ebitda-positive, CEO Aadit Palicha told Mint in an interview in June, adding …

Zepto Zomato Quick Mint Swiggy Stores Dark Stores

5 months, 3 weeks ago

Budget 2024: A case for HNIs to revise investment portfolios

Live Mint

In a groundbreaking move, the Union Budget 2024-25 has introduced sweeping changes to the capital gains tax regime. View Full Image Graphic by Pranay Bhardwaj Lucrative option in ETFs In a similar vein, the budget aligns the tax rates on gold and silver exchange-traded funds with those of listed equities, offering investors a more straightforward and potentially more lucrative option …

Market Tax Budget 2024 Financial Asset International Investment Hnis

6 months, 1 week ago

How Much Do High Net-worth Individuals Invest In Term Insurance? Policybazaar Reveals Trends

News 18

As the awareness and demand for term insurance gain momentum, Policybazaar has observed a steadily growing preference among High-Net-Worth Individuals for high-value insurance coverage. This shift is visible through an increasing number of HNIs opting for high-value policies of Rs 20 Crore over the last few years, the insurance marketplace said. Sarbvir Singh, joint group CEO, PB Fintech, said, “We …

Insurance High Term Crore Ncr Policies Term Insurance

8 months, 1 week ago

Inheritance Tax Re-Introduction: 4 effective succession planning tips for HNIs

Live Mint

The recent news on the re-introduction of inheritance tax has made a lot of people panic. However, inheritance tax might be only applicable to families and individuals whose estate value exceeds a certain threshold limit. The reduced estate value may fall below the threshold that triggers inheritance taxes, or at least lower the total tax liability,” said Sneha Makhija - …

India Tax Property Assets Inheritance Succession Planning Family Trusts

1 year, 2 months ago

I-T dept initiates comprehensive profiling of HNIs involved in tax evasion

Live Mint

The Income Tax Department is fully prepared to take stringent action against high-net-worth individuals who engage in tax underpayment, according to Financial Express. This decision follows the department's discovery that the reduction in the highest tax rate on personal income from 42.74% to 39% in the FY24 Budget has not deterred tax evasion among HNIs. In this year's Budget, the …

Tax Evasion Income Department Individuals Hnis Initiates Comprehensive

1 year, 4 months ago

How can investing in the stock market help HNIs grow their wealth?

Live Mint

Typically, at least in India in prior generations, fixed income was the predominant form of investing – for both right and wrong reasons. Considering India’s demography with a young population, one of the fastest growing economies in the world, and improving GDP per capita, equity market investments are the best vehicle to capture this growth and increase one’s wealth while …

India Growth Equity Wealth Risk Stock Rate

1 year, 4 months ago

How can investing in the stock market help HNIs grow their wealth?

Live Mint

Typically, at least in India in prior generations, fixed income was the predominant form of investing – for both right and wrong reasons. Considering India’s demography with a young population, one of the fastest growing economies in the world, and improving GDP per capita, equity market investments are the best vehicle to capture this growth and increase one’s wealth while …

India Market Equity Wealth Risk Stock Rate

1 year, 4 months ago

Union Bank of India rolls out two unique debit cards for HNIs and women. Details here

Live Mint

The Union Bank of India has recently introduced two new debit card variants to cater to specific segments of its clientele: high net worth individuals and women. As Union Bank of India continues to evolve and innovate in the digital banking landscape, it wants to project these new card variants as a testament to its customer-centric approach. Debit card for …

Women Bank Card Debit Card Union Bank Of India Unique Debit

1 year, 5 months ago

How HNIs can invest abroad without the LRS limit or TCS

Live Mint

Why do ordinary Indians find it difficult to invest outside the country? Overseas investments made by LLPs would be out of its individual partners’ balance sheet / personal wealth, and hence, the structuring of such LLP needs to be undertaken with care. View Full Image Mint Since this LLP is registered as an ‘Indian entity’ as per the Reserve Bank …

Tax Gift Indian Investments Income Odi Route

1 year, 7 months ago

Explained: Why are 6,500 super-rich expected to leave India in 2023?

Firstpost

The estimate comes courtesy of the Henley Private Wealth Migration Report 2023. Indian Express quoted Sunita Singh-Dalal, Partner, Private Wealth & Family Offices at Hourani, as saying that “prohibitive tax legislation coupled with convoluted, complex rules relating to outbound remittances that are open to misinterpretation and abuse, are but a few issues that have triggered the trend of investment migration …

Singapore China Portugal Partners 2023 Forbes Expected

1 year, 7 months ago

India to have 16 lakh HNIs by 2027: Knight Frank report

Live Mint

India’s ultra-high-net-worth individuals with net worth over $30 million will rise by over half in the next five years. From the last count in 2022, the number is likely to grow to 19,119 individuals in the next five years in 2027, found a new report by real estate agency Knight Frank’s ‘The Wealth Report 2023’. However, the HNI population remained …

India Growth Singapore Population Wealth Indonesia Million

1 year, 8 months ago

GIFT City unveils exciting global investment opportunities for HNIs

Live Mint

There is good news for high net worth individuals. Hence, our choice has been to set up a unit in GIFT City that caters to international investment services for Indian nationals," said Pramod Gubbi of Marcellus. If not for GIFT City, Indian managers might have had to set up a fund outside India, such as in Singapore or Dubai, which …

Global India Singapore Tax Services Gift Indian

1 year, 11 months ago

Luxury property prices up 8-10%, Delhi NCR, Mumbai top list: Report

Hindustan Times

Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities and has breached the 2015 peak level, according to India Sotheby's International Realty. Delhi's India Gate and Mumbai's Marine Drive In its annual 'Luxury Outlook Survey 2023', India Sotheby's International Realty revealed that 61 per cent of High-Net-worth Individuals and Ultra High-Net-worth Individuals are …

India Real Estate Luxury Delhi Mumbai Property Prices

2 years ago

5 investment strategies for HNIs in turbulent times

Live Mint

During tumultuous times, one should always root for basics. One must always endeavour to behave like the typical rational human and take decisions objectively instead of responding to the news flows or market reactions. SAA would frequently stay the course even during turbulent times and typically includes the long-term needs and requirements of the investor. Conduct Due Diligence Conducting adequate …

Investment Policy

3 years, 3 months ago

7 Phhere : The hallmark of elite matrimonial services and glorious wedding saga

Hindustan Times

7Phhere is one of the leading Indian elite matchmaking service provider that exclusively cater to the needs of niche clients and High Net Worth Individuals. With over 50,000 elite profiles and over 25 relationship managers, 7 Phhere puts 100% effort to successfully find a life partner for elite singles. 7Phhere's trusted and bespoke elite matchmaking services have gained popularity among …

India Indian Indians Elite Clients Hni Matchmaking Services

3 years, 6 months ago

Sona Comstar and Shyam Metalics listings question GMP logic

Live Mint

Investors relying on the grey market for making decisions related to initial public offerings were in for a rude shock on Thursday. Shares of Sona BLW Precision Forgings and Shyam Metalics & Energy listed on Thursday at vastly different prices than what the grey market had indicated. Sona Comstar shares rose 24% compared to its issue price, far higher than …

Market Premium Issue Grey Ipo Gmp Listing

4 years, 5 months ago

Opinion | Why a trust works best for family wealth

Live Mint

India has witnessed a manifold increase in both the number and the wealth of individuals and business owners. HNIs need to transform the way they hold wealth and make investments and leverage on modern-day ecosystem enablers such as family office while setting up family charters or constitutions along with trusts—all of which is a formalized and often professional an aided …

Business Family India Personal Trust Structure Tax

4 years, 5 months ago

Family offices seek out foreign partners as HNIs look to invest outside India

Live Mint

A surge in international investing by high net-worth individuals is pushing family offices in India to enter into foreign partnerships to deliver advice on investing in global markets. In May, Waterfield Advisors, which manages assets worth around $3.7 billion across 70 families in India, tied up with Zephyr Management, a US-based firm to manage international investments of its clients. We …

Family India Investing Advice Invest Managing Director Family Offices

4 years, 7 months ago

Edtech startup Illumnus raises $100K from angel investors, HNIs; plans to expand services in 4 countries

Firstpost

The key investors are a group of HNIs and angel investors from Dubai, UAE, Illumnus said in a statement, without disclosing any details. Mumbai: Edtech startup Illumnus on Tuesday said it has raised $1,00,000 in seed funding from a group of high networth individuals and angel investors to market and expand its services. We plan to market and expand our …

Investors Educational Institutions Edtech Illumnus

6 years, 6 months ago

Tax implication on migration of high net-worth individuals

Live Mint

Historically, individuals have migrated from one country to another for various social and economic reasons like better quality of living, education, employment and business opportunities, law and order conditions. Under Indian tax laws, tax residential status depends on a combination of stay days in India during the current fiscal year and previous fiscal years. In that case, foreign assets acquired …

India Tax Migration Indian Assets Income Interest

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Articles for Hnis, search results for hnis

From HNIs to retail, why were gold ETFs investors’ favourites in 2024? Will their stellar performance continue in 2025?

Over 15 Per Cent Of Super Rich In India Are Aged Under 30, Says Report

Zepto eyes $250 mn from HNIs, wealth firms at flat valuation

Budget 2024: A case for HNIs to revise investment portfolios

How Much Do High Net-worth Individuals Invest In Term Insurance? Policybazaar Reveals Trends

Inheritance Tax Re-Introduction: 4 effective succession planning tips for HNIs

I-T dept initiates comprehensive profiling of HNIs involved in tax evasion

How can investing in the stock market help HNIs grow their wealth?

How can investing in the stock market help HNIs grow their wealth?

Union Bank of India rolls out two unique debit cards for HNIs and women. Details here

How HNIs can invest abroad without the LRS limit or TCS

Explained: Why are 6,500 super-rich expected to leave India in 2023?

India to have 16 lakh HNIs by 2027: Knight Frank report

GIFT City unveils exciting global investment opportunities for HNIs

Luxury property prices up 8-10%, Delhi NCR, Mumbai top list: Report

5 investment strategies for HNIs in turbulent times

7 Phhere : The hallmark of elite matrimonial services and glorious wedding saga

Sona Comstar and Shyam Metalics listings question GMP logic

Opinion | Why a trust works best for family wealth

Family offices seek out foreign partners as HNIs look to invest outside India

Edtech startup Illumnus raises $100K from angel investors, HNIs; plans to expand services in 4 countries

Tax implication on migration of high net-worth individuals