The Indian high net worth individual (HNI) population, with asset value of $1 million and more is expected to rise to 16.5 lakh by 2027, growing 107% from 7.9 lakh in 2022. Ultra-high-net-worth individuals (UHNWIs), with net worth over $30 million, projected to increase by 58.4% in five years to 19,119 individuals by 2027.
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
IT companies and banks feature among largest employers in the country. Here’s the lowdown on what India Inc.’s big boys are doing to keep employees engaged.
How the business strategy has moved from traditional models of product-based advantages to more innovative approaches that blend physical and digital assets to solve customer problems.
Non-bank micro credit lenders have widened their lead over banks with 39% market share.
Employees undergo training to fill skill gap to navigate the future.
Ensuring inclusion, diversity and career progression is how the country’s third-largest private bank is harnessing its talent pool.
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