INSUBCONTINENT EXCLUSIVE:
The number of super rich households, those earning more than 20 million rupees ($243,230) a year, almost doubled to 1.8 million in five
The growth of such households in villages was 14.2% compared to 10.6% in cities.Super rich households will swell further to 9.1 million by
chief executive officer of the organization and the author of the report
banks are expanding in India as the nation becomes home to a rising number of millionaires
Oxfam International estimates India minted 70 new millionaires each day between 2018 and 2022, putting spotlight on the nation as
multinationals look to tap a growing consumer market
rapid rise of billionaires such as Gautam Adani
While this underscores the growth potential of the the country, it also highlights the rising inequality in the nation
fastest-expanding category, and is predicted to reach 715 million by 2031
