Tag: India
-
Great Wealth Migration Accelerates With 35% of HNWIs Eyeing Lower-Tax Havens
deVere Group’s data reveals that over a third of wealthy clients are rethinking their residency for tax relief and stability—part of a deliberate ‘Great Wealth Migration’ from the UK, Europe, and beyond. High-net-worth individuals (HNWIs) are voting with their feet—and fortunes—as global fiscal landscapes shift. New deVere Group findings show that 35% of its 80,000…
-
The $40,000 Cricket Ticket: A Peek into the Extravagant World of T20 World Cup
The world of sports is no stranger to high ticket prices, but the upcoming T20 World Cup match between arch-rivals Pakistan and India has set a new benchmark. With ticket prices soaring to an astonishing $40,000, this event is more than just a cricket match; it’s a statement of luxury, exclusivity, and the undeniable passion…
-
India Repatriates 100 Tonnes of Gold from the UK: A Strategic Move by the Central Bank
In a significant financial maneuver, India’s central bank has repatriated approximately 100 tonnes of gold from the United Kingdom back to its own vaults in India. This move, which underscores India’s growing focus on securing its financial assets within national borders, may signal further repatriations in the near future. The Repatriation: A Strategic Decision The…
-
Golden Horizons: Projected Surge in India’s Gold Imports
How to Import Gold from Ghana to India India’s longstanding relationship with gold continues to evolve, reflecting not just cultural affinity but also significant economic implications. As one of the world’s largest importers of gold, India saw the import of approximately 413 tonnes in 2020, a substantial figure that primarily bolstered its extensive jewelry industry.…
-
India’s Ultra-Rich Playboys
The Offshore Extravagance in Sri Lanka India, often celebrated for its vibrant culture and colorful diversity, is also the birthplace of a booming class of high net worth individuals (HNWIs). In recent years, a unique trend has emerged among this affluent group: investing offshore in Sri Lanka. Why, you might ask? For privacy, luxury, and…
-
India Central Bank Digital Currency (CBDC) and Indian Rupee Offshore
The concept of Central Bank Digital Currency (CBDC) has been gaining traction globally, and India is no exception. The Reserve Bank of India (RBI) has been exploring the idea of a CBDC for a while now, and there are both potential benefits and drawbacks to such a move. Here are some potential pros and cons…
-
BRICs vs USD, BIS, IMF, CBDC or Gold Backed Currency
If Brazil, Russia, India and China sold U.S. Bonds If Brazil, Russia, India, and China (BRICs) sold U.S. bonds, it would likely have a significant impact on the global financial markets and the U.S. economy. U.S. bonds are a form of debt that the U.S. government issues to borrow money from investors, including foreign governments.…
-
Nano Silver Market in India to Reach $208.2 Million by 2027 | CAGR: 21.3%: AMR
Increase in demand for nano silver from various antimicrobial applications in end use industries and rapid growth of the electronics and pharmaceutical sectors in the province drive the growth of the India nano silver market. By end-user, the electrical and electronics segment dominated the market in 2019, and is expected to maintain its dominance throughout…
-
Sotheby’s International Realty Brand Expands Presence in India
MADISON, N.J. and NEW DELHI, April 12, 2017 /PRNewswire/ — Sotheby’s International Realty Affiliates LLC today announced it has signed a 25-year exclusive franchise agreement with Realpro Realty Solutions Private Limited to further expand the Sotheby’s International Realty® brand presence throughout India with the opening of India Sotheby’s International Realty. The brand’s existing affiliate in India, North…