News for 'wealth capitals'

9 Fastest-Growing Millionaire Cities

9 Fastest-Growing Millionaire Cities

Rediff.com2 Oct 2026

Where are the world's new millionaires choosing to live?

The Taj's Hidden Story Is India's Wealth

The Taj's Hidden Story Is India's Wealth

Rediff.com26 Aug 2026

In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.

Jio Platforms IPO breaks global records with over 1 crore applications

Jio Platforms IPO breaks global records with over 1 crore applications

Rediff.com24 minutes ago

Jio Platforms' initial public offering has shattered global records by receiving over one crore applications, underscoring immense investor confidence in the company's ambitious plans for technology, AI, and cloud services, with the IPO subscribed almost seven times overall.

Jio Platforms IPO: Rs 2.5 lakh cr demand for Rs 8,110 cr anchor book

Jio Platforms IPO: Rs 2.5 lakh cr demand for Rs 8,110 cr anchor book

Rediff.com4 days ago

Jio Platforms' initial public offering has garnered an overwhelming institutional demand of approximately Rs 2.5 lakh crore, significantly exceeding its Rs 8,110-crore anchor book, with global and domestic investors vying for a stake in the Reliance Industries subsidiary.

HSBC emerges as top international bank for Indian corporate fundraising

HSBC emerges as top international bank for Indian corporate fundraising

Rediff.com12 Oct 2026

HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.

Why Financial Freedom Needs A Purpose

Why Financial Freedom Needs A Purpose

Rediff.com5 hours ago

Perhaps we spend too much time planning how to become financially free and too little asking what we want to be free for, notes Harsh Roongta.

Jio IPO subscribed 3.01 times, draws Rs 66,500 cr bids after record 100-minute sellout

Jio IPO subscribed 3.01 times, draws Rs 66,500 cr bids after record 100-minute sellout

Rediff.com1 days ago

Jio Platforms Ltd's Rs 30,213-crore initial public offering was subscribed 3.01 times, attracting approximately Rs 66,500 crore in public bids, with qualified institutional buyers oversubscribing their portion by 9.02 times, while retail investor demand remained under-subscribed at 0.68 times.

Jio Platforms IPO Oversubscribed 5.57 Times, Draws Rs 3.73 Lakh Crore Demand

Jio Platforms IPO Oversubscribed 5.57 Times, Draws Rs 3.73 Lakh Crore Demand

Rediff.com21 hours ago

Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) has garnered bids worth Rs 3.73 lakh crore, achieving a subscription rate of 5.57 times the shares on offer, driven by robust institutional and anchor investor demand.

Stronger Rupee, Global Cues Drive Gold and Silver Prices Down in India

Stronger Rupee, Global Cues Drive Gold and Silver Prices Down in India

Rediff.com14 Oct 2026

Gold prices in India have fallen for the third consecutive day, shedding Rs 1,800 to Rs 1.5 lakh per 10 grams, primarily due to a strengthening rupee and weak global cues. Silver also saw a significant decline, tumbling Rs 5,000 to Rs 2.21 lakh per 10 grams.

Cheap IPOs Are Paying Off In 2026

Cheap IPOs Are Paying Off In 2026

Rediff.com2 days ago

Investors who bought attractively valued IPOs and held on have earned strong returns, particularly when the money raised went into companies rather than into the pockets of exiting shareholders.

'India is among Standard Chartered's top five wealth markets globally'

'India is among Standard Chartered's top five wealth markets globally'

Rediff.com6 Jul 2026

"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.

How to choose the right IPO? Essential tips for investors

How to choose the right IPO? Essential tips for investors

Rediff.com29 Sep 2026

An IPO can create excitement, particularly when you see a new issue attracting strong interest from investors. But popularity alone does not make an IPO suitable for every investor. Before you apply, it's crucial to scrutinise the financial performance, risk profile, and valuation of the company. Ultimately, your objective should be choosing a company that aligns with your financial goals.

Sensex, Nifty fall despite global cues; IT, financials lead decline

Sensex, Nifty fall despite global cues; IT, financials lead decline

Rediff.com22 Sep 2026

Indian benchmark indices, Sensex and Nifty, closed lower on Tuesday, with the Sensex declining 329.91 points to 74,529.08 and the Nifty dipping 85.30 points to 23,329, primarily dragged by underperformance in IT, financial, and capital goods stocks despite positive global market trends and easing crude oil prices.

How Social Media Is Destroying Your Retirement

How Social Media Is Destroying Your Retirement

Rediff.com18 Sep 2026

Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.

Rising Inflation? Protect Your Money Now

Rising Inflation? Protect Your Money Now

Rediff.com29 Sep 2026

'Separate needs from wants and minimise discretionary spending.'

RBI Brings Bank Deposits Into CAS

RBI Brings Bank Deposits Into CAS

Rediff.com8 Oct 2026

'We see a lot of cases of bank deposits getting lost, especially when people die, so this will help address that because you have one consolidated view.'

Crude Oil Surge, Geopolitical Worries Drive Sensex Down 1,124 Points

Crude Oil Surge, Geopolitical Worries Drive Sensex Down 1,124 Points

Rediff.com28 Sep 2026

Indian stock markets experienced a significant downturn, with the Sensex plunging 1,124 points to a six-month low and the Nifty closing below 22,800, driven by surging crude oil prices, escalating geopolitical uncertainties, and weak global market trends.

Bharti Airtel Becomes India's Biggest Wealth Creator, IT Giants Lose 8.5 Trillion

Bharti Airtel Becomes India's Biggest Wealth Creator, IT Giants Lose 8.5 Trillion

Rediff.com3 Jul 2026

Bharti Airtel added 7.64 trillion in value over the past five years, making it the biggest wealth creator in India's private sector, while the IT sector, including TCS, Infosys, and Wipro, collectively lost 8.5 trillion in value, according to the latest Burgundy Private Hurun India 500 report.

Capital Market Firms Post Strong Q4 Growth Amidst MTM Headwinds

Capital Market Firms Post Strong Q4 Growth Amidst MTM Headwinds

Rediff.com5 Jun 2026

Listed capital market companies in India delivered strong fourth-quarter earnings growth, with a universe of 12 firms posting 30 per cent year-on-year revenue growth and 19 per cent earnings growth in Q4FY26, despite mark-to-market (MTM) losses impacting headline profitability for some.

UAE to Invest Additional $25 Billion in India, Deepening Economic Ties

UAE to Invest Additional $25 Billion in India, Deepening Economic Ties

Rediff.com29 Sep 2026

The United Arab Emirates (UAE) has expressed intent to invest an additional $25 billion in India, with an ultimate goal of reaching $100 billion in investments, Union Minister Piyush Goyal announced. This comes as both nations plan to enhance cooperation in shipping, ports, energy, and emerging technologies, against a backdrop of expanding bilateral trade.

Global uncertainty prompts FPIs to pull Rs 5,109 cr from Indian govt bonds

Global uncertainty prompts FPIs to pull Rs 5,109 cr from Indian govt bonds

Rediff.com15 Sep 2026

Foreign portfolio investors (FPIs) have withdrawn nearly Rs 5,109.21 crore from Indian government securities under the fully accessible route (FAR) in just three days, driven by global uncertainty, elevated crude prices, rising US Treasury yields, and a depreciating rupee.

How To Pick The Right Broker

How To Pick The Right Broker

Rediff.com15 Sep 2026

Investors opening new brokerage accounts must choose a broker suited to their style.

'Tata Trusts Wants To Determine Destiny Of Group Companies'

'Tata Trusts Wants To Determine Destiny Of Group Companies'

Rediff.com19 Sep 2026

'Members of Indian family businesses have considered it their birthright to work there and responsibility to take care of it.'

Why Tata Trusts Should Let Go Of Tata Sons

Why Tata Trusts Should Let Go Of Tata Sons

Rediff.com16 Sep 2026

A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.

Gulf tensions drive NRI luxury home investments back to India

Gulf tensions drive NRI luxury home investments back to India

Rediff.com2 Sep 2026

Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.

Who Should Avoid F&O Trading?

Who Should Avoid F&O Trading?

Rediff.com28 Aug 2026

Futures and options (F&O) trading suits investors with good market knowledge, sufficient risk capital, a tested strategy and strong discipline.

Gold Rally: Should Investors Buy Now?

Gold Rally: Should Investors Buy Now?

Rediff.com31 Aug 2026

Investors should cap gold allocation at 10-15 per cent and consider staggered purchases through gold ETFs.

One Hospitalisation Can Ruin Your Retirement Goals

One Hospitalisation Can Ruin Your Retirement Goals

Rediff.com14 Aug 2026

If you do not insulate your retirement corpus from the true cost of modern critical care, you don't have a retirement plan -- you have a fragile strategy waiting for an expensive medical emergency to break it

How India Can Achieve A USD 55 Trillion Economy By 2047

How India Can Achieve A USD 55 Trillion Economy By 2047

Rediff.com25 Aug 2026

Former Chief Economic Adviser Krishnamurthy V Subramanian outlines India's strategy to become a USD 55 trillion economy by 2047. The plan hinges on leveraging its young demographic in AI, dominating sunrise sectors like space and defence tech, attracting FDI, and achieving sustained 8% GDP growth.

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Rediff.com26 Aug 2026

Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.

Why Start-up Employees May Retire Poor

Why Start-up Employees May Retire Poor

Rediff.com4 Aug 2026

An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.

Demat account additions hit 6-month high amid IPO frenzy

Demat account additions hit 6-month high amid IPO frenzy

Rediff.com11 Aug 2026

New dematerialised (demat) account additions in India reached a six-month high in July, with 2.89 million new accounts opened, driven by a buoyant initial public offering (IPO) market and a broad-based rally in equities.

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Why Susmita Mukherjee Did 'C-Grade, Sexist Films': 'It Was A Bad Time'

Why Susmita Mukherjee Did 'C-Grade, Sexist Films': 'It Was A Bad Time'

Rediff.com7 Aug 2026

'It's a very disturbing thing to go back to my life and say, why did I act in such sexist, C-grade films, films derogatory to women. They were just bad films, bad choices. So I did, and did I sell my soul? Of course I sold my soul.'

Bullet Gold Loans Lose Edge Under New RBI Rules

Bullet Gold Loans Lose Edge Under New RBI Rules

Rediff.com18 Aug 2026

Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.

How DIIs, MFs are providing crucial stability to Indian markets

How DIIs, MFs are providing crucial stability to Indian markets

Rediff.com4 Jul 2026

Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.

Where Are India's Rich Investing Money?

Where Are India's Rich Investing Money?

Rediff.com18 Jun 2026

As the rupee weakens, wealthy families are accelerating investments in global assets.

Finfluencer Advice: What Investors Must Know

Finfluencer Advice: What Investors Must Know

Rediff.com13 Aug 2026

Verify a content creator's Sebi registration, qualifications and certifications before acting on their advice.

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Rediff.com5 Aug 2026

The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.

Can FIFA's small nations save Infantino's presidency?

Can FIFA's small nations save Infantino's presidency?

Rediff.com3 Aug 2026

Gianni Infantino's bid for a fourth term as FIFA president faces challenges from traditional football powers, but his strategy relies heavily on the support of smaller, emerging nations that benefit significantly from FIFA's development grants.