Nigel Farage’s insurgent Reform U.K. party has attracted more than a dozen donors from Britain’s once dominant Conservative Party, new data reveals, underlining the threat the Tories face from a right-wing populist party that models itself on President Trump’s MAGA movement. In total, Reform U.K. raised 4.75 million pounds ($6.1 million) last year, a sharp … Read more
The Knight Frank Wealth Report 2025 has highlighted a significant shift in the preferences of next-generation Indian high-net-worth individuals (HNWIs), with luxury cars emerging as the most desired asset. The report revealed that 46.5% of Indian HNWIs, aged 18 to 35 with incomes exceeding $125,000, prioritise owning a luxury car over real estate, which is … Read more
For the past 5 years since the onset of COVID-19, I have actively invested in SIPs and have been pleased with the growth, especially in the post-Covid era. However, in recent months, the profits have shown a decline. Despite my concerns, my financial advisor reassures me that it is a favorable time to continue investing … Read more
Investing in property abroad is gaining traction among Indian High Net Worth Individuals (HNWIs). Beyond diversifying their portfolios, such investments often open doors to residency or even citizenship in foreign countries. Binu Varghese, India Head at RIF Trust which specialises in Residency and Citizenship by investment programs, sheds light on the most sought-after international markets … Read more
Mumbai: Hyundai Motor India‘s ₹27,870 crore initial public offering (IPO) – India’s largest-ever – was subscribed 0.18 times on Tuesday, the opening day of the public issue. The non-institutional investor (NII) portion, primarily high-net-worth individuals, was subscribed 0.13 times, while the retail investor portion saw a subscription of 0.26 times. The portion reserved for the … Read more
New Tax rules 2023: The Government of India announced several new rules for the Income Tax in the Union Budget 2023. One of the significant announcements regarding personal taxation was the declaration of the New Income Tax Regime as the default tax regime. In her Budget speech for 2023-24, Union Finance Minister Nirmala Sitharaman said budget … Read more