Wealth News
Mint Quick Edit | India’s count of billionaires is on a roll
A UBS report says the country now has 185 individuals with over $1 billion in assets, with 32 billionaires minted over the year. For such growth to sustain, we need the less wealthy doing a lot better. Here’s an idea.
1 min read9 Dec 2024Nomura has space to cut a further $187 mln in costs, CEO says
NOMURA-CEO/ (PIX):Nomura has space to cut
1 min read3 Dec 2024How working abroad gives young Indians a headstart in creating wealth back home to secure financial growth and stability
Young Indian professionals leverage higher foreign salaries to accumulate wealth in India. With strategies to save and invest, they demonstrate how working abroad can facilitate financial growth and future stability.
1 min read18 Nov 2024The Fix for Schroders? Follow Morgan Stanley’s Blueprint
The venerable UK asset manager has lost investors’ confidence. But pivoting to wealth management is a realistic way out of the mire.
4 min read14 Nov 2024Standard Chartered Bank looks to raise its wealth management game in India
The bank plans to increase the number of relationship managers to around 520, from 400 at present, over the next 12-15 months. Outside of the top metros, from wealth and affluent point of view, the bank will also focus on markets like Ahmedabad, Bhubaneswar, Chandigarh and Jaipur, among others.
2 min read13 Nov 2024Muhurat Trading 2024: SBI, ITC, Paytm to Nuvama — Hensex Securities recommends nine stocks to buy today
Muhurat Trading 2024: Hensex Securities has recommended buying these nine stocks — SBI, KEI Industries, ITC, Yatharth Hospital, Gravita India, Skippers, Nuvama Wealth Management, Paytm, and India Glycols
6 min read1 Nov 2024HK Family Office Partners With Top China Fund to Target the Rich
One of Hong Kong’s biggest property agencies is ramping up its family office business by partnering with China’s No. 2 mutual fund to push wealth management products amid a real estate slump.
1 min read30 Oct 2024Raymond James quarterly profit jumps on wealth management, capital markets strength
RAYMOND JAMES-RESULTS/:Raymond James quarterly profit jumps on wealth management, capital markets strength
1 min read24 Oct 2024Anand Rathi Wealth Q2 Results Live: Profit Rises by 32.39% YoY
Anand Rathi Wealth Q2 Results Live: Revenue increased by 32.81% YoY & profit increased by 32.39% YoY.
1 min read12 Oct 2024Anand Rathi Wealth share price jumps over 5% post strong Q2 results
Anand Rathi Wealth share price jumped over 5% after announcing a 32.4% YoY net profit growth to ₹76.1 crore for Q3 2024. The stock opened at ₹4,202.05, hitting a high of ₹4,280.
2 min read11 Oct 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared