कोशिश गोल्ड - मुक्त
Indian entrepreneurs' rich route: Stocks, bonds, and real estate
Business Standard
|November 27, 2024
Rich Indian entrepreneurs are using their wealth predominantly for investment in stocks, bonds and real estate, according to HSBC's Global Entrepreneurial Wealth Report 2024.
Eighty-two per cent of such Indian entrepreneurs - those with at least $2 million worth of investable assets - the HSBC report said, prefer to invest in the above-mentioned asset classes, which is the highest percentage amongst business owners in ten international markets (at 51 per cent).
Investment in other businesses (at 41 per cent) and precious metals and stones (25 per cent) are the other investment avenues for the wealthy Indian entrepreneurs, the report suggests.
The results, HSBC said, are based on a sample of 1,798 high-net-worth business owners who chose to take part in the survey with at least $2 million worth of investable assets.
A third of these (583) were ultra-high net worth and have a net worth of more than $100 million.
यह कहानी Business Standard के November 27, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Business Standard से और कहानियाँ
Business Standard
Benchmarks advance for 2nd day
Markets extended gains for a second straight session on Tuesday, recovering from last week’s sharp selloff amid supportive global cues.
1 mins
March 18, 2026
Business Standard
Plastic units face closure as polymer costs rise 70%
The conflict in West Asia has begun to affect India’s supply chain of petrochemicals, pushing up prices of polymers to record highs and triggering a near collapse of the plastic-processing sector in several states, including Odisha, with more than 50 per cent of the units halting production.
1 min
March 18, 2026
Business Standard
Developing countries target more industries than wealthy ones: WB
Developing countries are pursuing industrial policy more aggressively than rich nations but many rely too heavily on blunt tools like tariffs and subsidies that are unlikely to work, the World Bank warned in a report on Tuesday.
1 min
March 18, 2026
Business Standard
A 200-year saga of Indian bulls and bears
Stock trading in India began long before a formal stock exchange came into being.
3 mins
March 18, 2026
Business Standard
HCs tighten GST enforcement scrutiny
SEVERAL HIGH COURTS HAVE SET ASIDE GST CANCELLATIONS AND ENFORCEMENT ACTIONS WHERE AUTHORITIES ISSUED VAGUE NOTICES, FAILED TO PROVIDE A PROPER HEARING, OR PASSED NON-SPEAKING ORDERS.
2 mins
March 18, 2026
Business Standard
Bracing for semaglutide generics, Novo holds price line
However, the local arm of Novo Nordisk believes the real ‘opportunity lies in expanding the obesity treatment market in India rather than defending market share through aggressive pricing.
2 mins
March 18, 2026
Business Standard
MFs invested big in private lenders in February, pared holdings in SBI
Mutual funds (MFs) continued to raise exposure to private sector banking stocks in February, extending the buying trend seen in the previous month.
1 min
March 18, 2026
Business Standard
SC wants Centre to bring law on paternity leave
Adoptive mothers to avail of benefits irrespective of child's age
2 mins
March 18, 2026
Business Standard
Morning-after pills: DTAB pushes for boxed warnings
To highlight its side effects, the Drug Technical Advisory Board (DTAB) has sought to mandate manufacturers of emergency contraceptives or morning after pills such as i-pill and Unwanted 72 to include boxed warnings on packaging of such drugs.
1 min
March 18, 2026
Business Standard
Audi to rethink product lineup after clarity on FTA duties: India head
German carmaker Audi will revisit and recalibrate its product launch lineup in India once the precise details of import duty cuts under the India-EU free trade agreement (FTA) are revealed, said the country’s Brand Director Balbir Singh Dhillon on Tuesday.
1 mins
March 18, 2026
Listen
Translate
Change font size