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 …
In the global transition towards sustainable financial choices, India is making waves. While at its nascent stage, India’s journey toward sustainability is marked by robust government action, regulatory push, a surge in ESG-centric funds, and corporate commitment to greener practices. Government and Regulatory Backing Government’s Initiatives: Top Indian fund houses are on the cusp of rolling out ESG-focused offerings, with …
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 …
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