Priyanshi sharma ndtv

By Verified| Verified New Delhi: The Reserve Bank of India (RBI) does not have a plan to reintroduce Rs 1,000 bank notes to ease the impact following the withdrawal of Rs 2,000 notes, RBI governor Shaktikanta Das said today, calling reports on the subject "speculative". "That's speculative. There's no such proposal right now," Mr Das said when asked whether there is a possibility of reintroducing Rs 1,000 notes. By Verified| Verified New Delhi: India's retail inflation fell from 5.66 per cent in March to 4.7 per cent in April, the first time since November 2021 when it fell below 5 per cent. April food inflation has eased further to 3.8 per cent from 4.7 per cent in March. The significant fall in inflation is driven by a corresponding fall in food and beverage prices, which had a 54 per cent weightage in the overall rate. By Verified| Verified New Delhi: The first group of Indians who landed in Delhi from Sudan Wednesday evening has horror stories to tell of the conflict that practically broke out in their own backyard 10 days ago. The 360 Indians were picked by a Navy ship and IAF C130J plane of Operation Kaveri from Port Sudan as the 72-hour ceasefire was declared between the warring generals to help evacuate foreign nationals. By Verified| Verified New Delhi: Two things worrying Indian startups the most after a key lender in the US collapsed on Friday are whether their money is safe and if it can be moved out of the dead bank fast, according to the owner of an Indian fi...

India is expected to witness an exodus of millionaires and may lose 6,500 high-net-worth individuals (HNWIs) in 2023, according to the Henley Private Wealth Migration Report 2023, which tracks wealth and investment migration trends worldwide. China has been ranked first in terms of the outflow of millionaires from the country this year. It is predicted to lose 13,500 HNWIs, followed by India, which has secured second place. However, despite having the second biggest exit numbers in the report, India's position is likely to improve since last year when its outflow of millionaires was 7,500.Andrew Amoils, Head of Research at New World Wealth points out, "these outflows are not particularly concerning as India produces far more new millionaires than it loses to migration." According to Why the migration from India? According to Sunita Singh-Dalal, Partner, Private Wealth & Family Offices at Hourani, “prohibitive tax legislation coupled with convoluted, complex rules relating to outbound remittances that are open to misinterpretation and abuse, are but a few issues that have triggered the trend of investment migration from India”. The latest report states that Henley and Partners has recorded the highest number of enquiries for investment migration schemes in the first quarter of this year with significant demands coming from Indians and Americans. Where are the millionaires moving? Dubai and Singapore remain preferred destinations for wealthy Indian families. The former, also...