Benchmark Sensex slipped 27 points today to end at 29,620.50 on the last trading day of 2016-17, but scored a gain of over 16 percent for the full fiscal during which investors' wealth grew by over Rs 26 lakh crore.
A woman who has not taken charge of finances early in life will ultimately need to take charge of her finances at a later date.
The euro zone's top 5 percent of households owned 37.8 percent of net wealth in 2014, up from 37.2 percent in 2010 while the bottom 5 percent owned only debt, the ECB said, based on a survey of 84,000 households.
Watch the interview of A Balasubramanian, CEO - Birla Sun Life AMC with Surabhi Upadhyay on CNBC-TV18, in which he shared his views on impact of demonetisation on mutual fund portfolio and the realignment required to preserve the wealth.
Country's top 100 companies in terms of market valuation have generated Rs 28.4 lakh crore wealth in the last five years, with Tata Group firm TCS retaining the numero uno position in the chart, says a latest study.
Motilal Oswal‘s annual wealth creator report has so far focused on what to buy. But, the 21st report focuses on how much to buy and how to allocate money, says Joint MD Raamdeo Agrawal.
Watch the interview of Hrishikesh Parandekar, CEO-Pvt Wealth & NBFC, Ambit with Surabhi Upadhyay on CNBC-TV18, in which he shared his view on impact of demonetisation on portfolio and the realignment required to preserve the wealth.
According to the 'Global Wealth Report' compiled by Credit Suisse Research Institute, wealth in the country in dollar terms went down by 0.8 per cent (USD 26 billion) to USD 3.099 trillion in 2016 compared to last year.
The shock announcement by Prime Minister Narendra Modi on Tuesday gave people only a few hours to spend or deposit 500 and 1,000 rupee bills before they were abolished, although plans are in place to allow a more gradual conversion to new notes.
CNBC-TV18's Sumaira Abidi spoke with Sudip Bandyopadhyay of Inditrade Capital, Gaurang Shah of Geojit BNP Paribas & Rajeev Thakkar of PPFAS Asset Management to understand where and how much the value investor can diversify their portfolio to maximise returns and ensure wealth protection.
Retail sales rose 0.4 percent in August, data from the Australian Bureau of Statistics on showed on Wednesday, double market forecasts and a relief after a flat July.
For any investment in residential property to provide effective returns, the chosen location should have good social infrastructure, adequate public transport and sufficient economic activity to sustain development and growth. These parameters apply to R
Growth of ultra-high networth individuals (HNIs) in the country slowed to under 7 percent to reach 1.46 lakh at the end of 2015-16, according to a report.
According to New World Wealth, while the average wealth of a person in Europe has declined, in other developed markets it has increased substantially.
Madhu Kela of Reliance Capital, who called the bottom of the market around its 6,800 lows in February, added that near-term returns, especially in stocks that have bounced sharply since (such as public sector banks), may be subdued.
The Chan Zuckerberg Initiative LLC, created by Zuckerberg and his wife Priscilla Chan, led a USD24 million Series B funding in Andela, the startup said on Thursday.
Parking of unauthorised money in the US, Kerry observed breeds an incestuous disrespect within a country for the political system and it hurts everybody by robbing from people their health care, housing, education, infrastructure, and their investment for the future.
Celebrating philanthropy with 100 Pipers True Legends, we on CNBC-TV18 showcase 12 pioneers who sacrificed their personal time and wealth, to make a difference to the marginalised and the needy. Over the years, such individuals have touched lives of many, thus, spreading the ripples of positive energy
There are few individuals who initiated positive changes in society. They sacrificed their personal time, space and wealth for the well being of the deprived. True Legends Awards honours 12 such individuals who, over the years, through the sheer determination and sacrifice, have led a movement that is unique and has that healing touch.
In the new understandings of poverty, wealth as an objective is replaced well-being and employment in jobs by livelihood.
According to the report by New World Wealth, India's total individual wealth stood at USD 3,492 billion, while the United States, which topped the list, had a total individual wealth of USD 48,734 billion.
It pays to understand the process of creation of wealth. Instead of jumping to buy complex financial products, it pays to go with simple products that you understand and remain invested in it.
A person having a minimum net worth of Rs 25 crore or a professional with an annual income of over Rs 3 crore is labelled as an HNI.
Rural China, especially farmers are the worst affected due to the fall in the stock markets. Many have seen their entire wealth wiped out. CNBC's Eunice Yoon reports from Beijing that people are starting to lose faith in the government.
Recognising the important role that financial advisors play in the wealth preservation process and the power of sound advice, CNBC-TV18 along with the UTI Mutual Fund presented the Financial Advisor Awards for 2015 on Thursday.