High Net Worth Individuals

While regulations permit Indian residents to invest abroad under the Reserve Bank of India’s (RBI) Liberalised Remittance Scheme (LRS), the scheme restricts investments in instruments issued by Indian entities.

India set to lose 6,500 millionaires in 2023: report

Although the outflow of HNWIs from India is notable, experts believe that it should not be a cause for major concern.

Luxury rentals hotting up as HNIs pile into penthouses after pandemic

“Diplomats and foreign nationals working for MNCs who went back to their respective countries are... coming back to India,” Samir Saran, managing partner, India Sotheby's International Realty, told a publication.

Top 10 countries whose wealthy residents moved abroad in 2019

A study by AfrAsia Bank showed that work opportunities, tax and financial concerns were driving people with high net worth abroad. The study covered only individuals with net worth ranging from $1 million to $9.9 million.

62% increase in enquiries for investment migration programs from Indians in 2020: Nirbhay Handa of Henley & Partners

Handa said nearly 30 countries offer citizenship- and residence-by-investment programs. Of these, the Portugal, Thailand, Australia and Greece residence programs received the maximum applications from Indians living in India in 2020-21.

India's rich fancy these foreign destinations, here's why

The primary reason rich Indians are looking for an alternative passport is travel freedom.

'Mumbai richest Indian city with total wealth of USD 820 bn'

India's financial capital Mumbai, which is home to 46,000 millionaires and 28 billionaires, is the richest Indian city with a total wealth of USD 820 billion, says a report.

Here are some alternative investing options for HNIs

Watch the interview of Feroze Azeez of Anand Rathi Private Wealth and Vaibhav Sanghavi, Managing Director, Ambit Asset Management with Surabhi Upadhyay on CNBC-TV18, in which they shared their thoughts on alternative investing options for High net worth individuals (HNIs).

Here are SP Tulsian's views on the newly listed Advanced Enzymes

SP Tulsian, sptulsian.com, shares his views on the newly listed Advanced Enzymes and explains why he is bullish on the stock. He also talks about Crompton Consumer's numbers in the first quarter earnings. He also discusses Tata Steel and the UK limbo.

An Epic app that connects a donor with charity organisations

Epic Foundation is a bridge that connects donors with charity organisations and its founder entrepreneur and philanthropist Alexander Mars goes about doing it through his app.

Investment via P-Notes rises to Rs 2.58 lakh cr in October

This was the second successive month when investment through this route increased. The total outstanding value of P-Notes witnessed a steady rise since January and the momentum continued till March.

Investment via P-notes drops to Rs 2.75 lakh cr in June

Investments through participatory notes (P-Notes) into India's capital market dropped to Rs 2.75 lakh crore (about USD 43 billion) at the end of June, after touching over seven years high in the preceding month.

P-Notes cover lost ground, investments race to 7 year high

Investments through participatory notes (P-Notes) into India's capital market stood at Rs 2.85 lakh crore (about USD 45 billion) at the end of May, the highest level in more than seven years.

Did You Know: V B Industries's stock has gained 5 times since May 2015

V B Industries market capital stands at Rs 340 crore today. Its stock has gained five times since May 2015. The company invests in shares and securities and provides short term loans to corporates and high net worth individuals (HNIs).

Bank Nifty recovers; midcaps stocks to remain in pain

There is some bit of short covering in the Bank Nifty. So the Bank Nifty has actually recovered half percent from the day‘s low. So it seems like there will be a bit of stability in the Bank Nifty in today‘s trade

Asia's wealthy park cash in cars, homes, art and wine

Adrian Tan owns two Mercedes sedans and is looking to buy a third car. The 36-year-old financial trader was shopping with his wife on a Singapore street lined with luxury car dealerships and said he may stick with Mercedes or go for an Audi or a BMW.

ICICI Venture to raise upto Rs 1,000cr to invest in housing

Leading private equity firm ICICI Venture on Friday said it plans to raise up to Rs 1,000 crore from high net worth individuals in the next six-nine months to invest in the residential real estate.