Private wealth on course to touch Rs 558 trillion by 2022, says Karvy Private Wealth
Karvy Private Wealth today said individual wealth grew 8.5 per cent to race past Rs 300 trillion mark at the end of 2015-16, driven by faster-clipped growth in physical assets, and will grow to Rs 558 trillion in the next five years.
Indian richest own more than half of the wealth in India; second most unequal country in the world: Report
According to a World wealth report, top one percent of the Indian population have more than half (58.4 %) of the wealth in the country.
Indian household wealth wealth falls 0.8% to USD 3 trn in 2016: Credit Suisse
Due to adverse currency movements, India's household wealth has fallen by USD 26 billion to USD 3 trillion in the current year - Report by global financial services major Credit Suisse.