Despite India’s growing millionaire population, a significant number are leaving, driven by tax scrutiny and economic formalisation. The UAE is a top destination, attracting Indian High Net Worth Individuals (HNWIs) with its zero-tax regime and Golden Visa program.
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The possibility of a US Federal Reserve rate cut in September remains open, but it will largely depend on how the labor market and inflation evolve, noted a recent report by Union Bank of India research.
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Poonam Kishor Shah has been appointed CFO of Mid East Portfolio Management Ltd, effective July 15, 2025, succeeding outgoing CFO Jyoti Shah. With over 16 years of experience in financial services, she brings expertise in equity broking, valuation, and client…
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Ashi Anand suggests it’s too early to declare a growth recovery based on TCS and DMart’s results. TCS’s unclear guidance and potential US tariff impacts cloud the IT sector’s outlook. DMart’s margin struggles and quick commerce competition indicate consumer growth…
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NITI Aayog reports that India may gain from US tariffs on China, Canada, and Mexico. Sectors like automobiles and electronics could see growth. India has an opportunity to increase its market share in the US. Trade talks are underway between…
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Job market momentum and economic opportunity are growing in non-metro cities in India, according to a new report on Tuesday.
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