Individual wealth to double in 4 yrs: Karvy

The wealth of individuals in the country is expected to double to Rs 179 lakh crore (Rs 179 trillion) in the next four years, according to a report by Karvy Wealth."The wealth in the hands of......

Economic slowdown has hurt even India's ultra rich

The number of ultra rich falls to 2.56 lakh in 2018 from 2.63 lakh. As much as Rs 262 lakh crore of the wealth possessed by the high networth individuals are in the form of financial assets, while......

Sebi has its hands full, as BMA Wealth investors demand Karvy-like refund action

BMA’s clients allege that depository firm CDSL and stock exchanges did not act on their complaints, prompting them to protest before Sebi. They say their shares have been transferred to a......

HNIs' wealth to double to Rs 144 lakh cr

Wealth held by individuals in the country is likely to double from the present Rs 73-lakh-crore to Rs 144 lakh crore over the next three years, according to a report. Besides, the individual......