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Covid leaves Indian adults poorer by 6.1% in 2020: Credit Suisse
The drop was amplified by exchange rate depreciation: at fixed exchange rates, the loss would have been 2.1%. Illustration: Dominic Xavier/Rediff.com Covid-19 pandemic that brought life to a near......
Superluxury manufacturers feel the pinch of slowdown
From auto to watches, the mood is sombre due to the alarming state of the Indian economy and value erosion in stock market capitalisation. Photograph: Chaiwat Subprasom/Reuters This January,......
How easy will it be to create wealth in 2019?
Despite being election year, Indian ultra HNIs are more optimistic of the country's growth journey and expect wealth to increase in the year 2019. Illustration: Uttam Ghosh/Rediff.com Around 28......
India's household wealth touches $5 trillion; M-cap rises 30%
India’s wealth grew by $451 billion, the eighth largest wealth gain globally. India’s household wealth increased 10 per cent to $5 trillion in the one-year period to mid-2017,......
Super-rich young Indians have a new success mantra!
Nikita Puri and Dhruv Munjal explain why new-age businessmen are turning to exclusive, uber-rich clubs.Illustration: Uttam Ghosh/Rediff.com A speaker is addressing some 50 people. The audience,......
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