Denemek ALTIN - Özgür

India's high-net-worth individuals projected to reach 94,000 by 2028

The Business Guardian

|

March 06, 2025

Indians who can be considered high-net-worth individuals are projected to increase by 9.4 per cent by 2028, according to a report by global consultancy firm Knight Frank.

India's high-net-worth individuals projected to reach 94,000 by 2028

High-net-worth individuals are those with assets exceeding USD 10 million.

Knight Frank's flagship, The Wealth Report 2025, forecasts ultra-rich Indians at 85,698 in 2024, which is expected to rise to 93,753 by 2028.

According to them, this rise highlights the country's strong long-term economic growth, increasing investment opportunities, and evolving luxury market, positioning India as a key player in global wealth creation.

In 2024, the number of Indian HNWIs increased by 6 per cent year over year to 85,698 from 80,686 in 2023.

The Business Guardian'den DAHA FAZLA HİKAYE

The Business Guardian

The Business Guardian

India's sugar output seen up 16% in 2025-26; 15 lakh tonne exports allowed

India's sugar production for the 2025-26 sugar season is projected to rise sharply to 343.5 lakh tons, up around 16 per cent from 296.1 lakh tons in 2024-25, according to the first advance estimates released by the Indian Sugar and Bio-Energy Manufacturers Association (ISMA) this week.

time to read

2 mins

November 11, 2025

The Business Guardian

The Business Guardian

PRE-BUDGET 2026-27 CONSULTATIONS BEGIN WITH ECONOMISTS, AGRICULTURISTS

Finance Minister Nirmala Sitharaman begins pre-Budget consultations with economists ahead of Union Budget 2026-27.

time to read

2 mins

November 11, 2025

The Business Guardian

The Business Guardian

TSMC posts 11% MoM and 17% YoY revenue growth in October

Taiwan Semiconductor Manufacturing Company (TSMC) recorded a consolidated net revenue of NT$367.47 billion (USD 11.99 billion) in October 2025, marking an 11 per cent rise from September 2025 and a 16.9 per cent increase compared to October 2024, according to a data report released by the company.

time to read

1 mins

November 11, 2025

The Business Guardian

The Business Guardian

Samsung suppliers ramp up Texas expansion as Taylor plant nears launch

Samsung Electronics Co.’s key suppliers are rapidly moving to Taylor, Texas, as the South Korean technology company's new semiconductor foundry nears its launch next year, as per a report by Pulse, the English service of Maeil Business News Korea.

time to read

1 mins

November 11, 2025

The Business Guardian

The Business Guardian

Misa Bharti rejects NDA's claim of Bihar poll victory, says Mahagathbandhan govt forming

‘The RJD seems to be buoyant about a Mahagathbandhan win in the Bihar polls.

time to read

2 mins

November 11, 2025

The Business Guardian

The Business Guardian

NITIN GADKARI LAUNCHES HERO MOTOCORP’S LATEST VIDA EVOOTER

Nitin Gadkari unveils Hero MotoCorp’snew electric scooter, VIDA Evooter VX2Go03.4kWh

time to read

2 mins

November 11, 2025

The Business Guardian

The Business Guardian

'LARGEST MINORITY' DEBATE: THE WOMEN'S QUOTA; DELIMITATION DELAY THAT STARTED IN 1917

On November 10, 2025, India's Supreme Court grappled with an urgent question of democracy. A petition by politician Jaya Thakur implored the Court to enforce the Women's Reservation Act, a recent constitutional amendment guaranteeing one-third of legislative seats to women, immediately-rather than waiting years for a new census and redistricting exercise.

time to read

8 mins

November 11, 2025

The Business Guardian

The Business Guardian

Unlocking a sorted life and inner clarity

In the whirlwind of modern life, it is easy to feel scattered, overwhelmed, and uncertain. Our minds often juggle a hundred thoughts at once, leaving little room for peace, clarity, or focus. Amidst this chaos, spiritual tools like affirmations and positivity can be powerful allies, helping us cultivate a sorted life and a clear, serene mind.

time to read

3 mins

November 11, 2025

The Business Guardian

The Business Guardian

Markets open flat amid global cues, IPO buzz, and Bihar poll caution

Domestic stock market opened on a flat note on Monday, continuing its sideways movement as investors remained cautious ahead of key domestic and global events.

time to read

2 mins

November 11, 2025

The Business Guardian

The Business Guardian

We'll win with landslide victory: Delhi BJP Chief

Bharatiya Janata Party on Sunday released the list of 12 candidates for the Delhi Municipal Corporation by-elections to be held on November 30.

time to read

1 mins

November 11, 2025

Listen

Translate

Share

-
+

Change font size