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43% HNIs save less than 20% of post-tax income

June 05, 2025

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The New Indian Express Anantapur

A large percentage of high-net-worth individuals (HNIs) are not saving enough to achieve their financial goals, as per a survey by Marcellus Investment Managers.

- ENS ECONOMIC BUREAU @ New Delhi

The survey highlighted that 43% of high HNIs save less than 20% of their post-tax income, while 14% do not maintain an emergency fund.

Stating an example, the survey highlighted that a 44-year-old banking professional working in Mumbai only manages to save Rs 5 lakh per annum despite pocketing ₹50 lakh as bulk as his/her income goes towards EMIs and children's education.

المزيد من القصص من The New Indian Express Anantapur

The New Indian Express Anantapur

Major setback to Oppn as MahaYuti to win 6 of 17 MLC seats unopposed

IN a major setback for opposition Maha Vikas Aghadi (MVA), the BJP-led Mahayuti alliance secured six of the 17 seats in the biennial Maharashtra Legislative Council (MLC) elections unopposed.

time to read

1 min

June 05, 2026

The New Indian Express Anantapur

The New Indian Express Anantapur

'Green revolution in Gujarat's semiconductor city'

GUJARAT’S Dholera town, located about 100km south of Ahmedabad, has established itself as an emerging hub for new industry.

time to read

1 mins

June 05, 2026

The New Indian Express Anantapur

The New Indian Express Anantapur

Ethanol blending push: MSIL unveils flex-fuel car

MARUTI Suzuki India (MSIL) on Thursday unveiled India’s first flex-fuel car - a Wagon R hatchback - which can run on any blend of ethanol and petrol from E20 to E100.

time to read

1 min

June 05, 2026

The New Indian Express Anantapur

₹10,000 cr ATF price stabilisation fund for airlines optional: Govt

THE government on Thursday said that the ₹10,000 crore price stabilisation fund for jet fuel would be optional for domestic airlines, and the base rates, exclusive of all taxes, would be ₹86.32 a litre for domestic flights and ₹104.49 per litre for international flights.

time to read

1 min

June 05, 2026

The New Indian Express Anantapur

14 Indian cities under heat risk: Oxford study

NEW research from the University of Oxford has identified 14 cities in India among the world’s top 50 facing significant heat risk.

time to read

2 mins

June 05, 2026

The New Indian Express Anantapur

Kuki outfit ups ante, opposes SIR in Manipur

THE Kuki organisation Kuki Inpi Manipur (KIM) on Thursday opposed the ongoing Special Intensive Revision (SIR) of electoral rolls in the violence-hit state, protesting the alleged exclusion of internally displaced persons (IDPs) from the community.

time to read

1 min

June 05, 2026

The New Indian Express Anantapur

‘Would have loved to have some school/college friends’

R PRAGGNANANDHAA is thinking. He doesn’t have a chess board in front of him but he is still careful about the words he wants to use.

time to read

3 mins

June 05, 2026

The New Indian Express Anantapur

Senior & young civil servants to stay at Statue of Unity for knowledge sharing

SENIOR and junior Indian Administrative Service (IAS) officers from across the country will come together annually at the Statue of Unity in Gujarat for a day-long mentorship and knowledge-sharing programme under a first-of-its-kind initiative launched by the Union Government.

time to read

1 mins

June 05, 2026

The New Indian Express Anantapur

The New Indian Express Anantapur

Modi govt turned NE into a hub of opportunities: Shah

UNION Home Minister Amit Shah on Thursday credited the Narendra Modi government for turning the Northeast from a region of disputes into a hub of opportunities.

time to read

1 mins

June 05, 2026

The New Indian Express Anantapur

The New Indian Express Anantapur

GCCs shifting towards contract hiring for AI talent

INDIAS global capability centres (GCCs) are increasingly hiring AI and engineering talents via contract and project-based models, driven by demand for specialised skills and faster deployment as companies move away from traditional workforce expansion towards flexible, outcome-focused teams.

time to read

1 mins

June 05, 2026

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