Indian entrepreneurs outpace global counterparts on adopting luxury lifestyles, mobility

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New Delhi, (IANS) Unlike their global counterparts, entrepreneurs in India are overwhelmingly positive about their personal wealth outlook, with 95 per cent predicting their wealth will grow over the next few years, a report showed on Monday.

Among them, 56 per cent believe their wealth will improve significantly, while 39 per cent expect moderate growth.

Rich entrepreneurs in India are spending their wealth on luxury lifestyle as their optimism and global outlook help them expand their horizons across borders, according to research from HSBC Private Bank.

The HSBC’s 'Global Entrepreneurial Wealth Report 2025' reveals that allocations toward real estate for personal use (64 per cent), health and wellness (61 per cent), and luxury experiences (59 per cent) are significantly higher among entrepreneurs in India compared to their global counterparts.

“Their investments in luxury lifestyles, global mobility, and diversified portfolios signal not just confidence in their wealth trajectory but also their readiness to capitalize on the next wave of global opportunities and deepening international wealth corridors as globalisation enters a new phase,” said Sandeep Batra, Head of International Wealth and Premier Banking, HSBC India.

This optimism is particularly pronounced in markets such as the UK, the UAE, India, and Singapore. Key drivers of this optimism in India are opportunities for new investments and ventures (64 per cent), positive performance of investment portfolios (56 per cent), favourable economic outlook for the local economy (54 per cent) and positive business performance (43 per cent).

According to the report, entrepreneurs in India have a particularly global outlook, with 73 per cent holding multi-residency status — significantly higher than the global average of 56 per cent. The vast majority are open to relocating abroad, with the UK and US emerging as the top destinations, followed by Switzerland, UAE, and Singapore.Among those entrepreneurs looking to make a personal move, the primary motivations for cross border movements include better quality of life for themselves and their families (78 per cent); access to new investment opportunities (75 per cent); and expansion of business into new markets (71 per cent).Indian entrepreneurs outpace global counterparts on adopting luxury lifestyles, mobility | MorungExpress | morungexpress.com
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Madonna pens heartwarming note on son David’s birthday: I knew you were meant for greatness


Los Angeles, (IANS) The queen of pop, Madonna is celebrating the birthday of her son, David Banda. The singer-songwriter recently took to her Instagram, and shared a bunch of throwback pictures of herself with her son from his childhood to teenage.

The pictures show David’s progress at different stages of life, and feature him reading a book, playing guitar and posing with a horse.

The singer-songwriter also penned a note in the caption for her son, as she wrote, “Happy Birthday @senzacacona. There is nothing that you cannot do. I knew you were meant for greatness the moment I met you. Running around with no diapers, drinking Coca-Cola out of a baby bottle. Gangster”.

David was born in 2005 in Malawi, and is the adopted son of Madonna and her former husband, filmmaker Guy Ritchie. Madonna met David at an orphanage in Malawi during a humanitarian visit in 2006. Following a legal process that drew international media attention and debates about celebrity adoptions, David was formally adopted in 2008. From a young age, David displayed a strong inclination toward music, fashion, and sports.

He is particularly known for his love of football, having trained at the Benfica Youth Academy in Portugal when Madonna relocated there to support his career. In recent years, David has also gained attention for his bold fashion choices, often echoing Madonna’s own fearless sense of style. The mother-son duo is frequently spotted at public events in coordinated or striking outfits, symbolising their close bond.Madonna has often spoken about David’s charisma and talent, remarking that he has an instinctive flair for performance. While still carving his own identity, David represents Madonna’s dedication to family and philanthropy, especially in Malawi where she has supported health and education initiatives. Their relationship highlights a blend of maternal love, artistic influence, and shared humanitarian values. Madonna pens heartwarming note on son David’s birthday: I knew you were meant for greatness | MorungExpress | morungexpress.com
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Christmas celebrated with religious fervor, gaiety in Kashmir


DEC 25, 2020 SRINAGAR: Christmas, birth anniversary of Jesus Christ, was on Friday celebrated with religious fervor and gaiety in the Kashmir valley. Due to COVID-19 pandemic, night prayers in the Churches, were limited to only few devotees. However, special prayers during the day were held in Churches in Srinagar and world famous ski resort of Gulmarg. The main prayer meeting was held at Holy Family Catholic Church on Moulana Azad road church, where devotees, including women and children, from different parts of the city participated. The church was decorated with colourful buntings and balloons and wore a festive look. Among the devotees included few tourists who joined the locals on the auspicious day and prayed for peace in the country, particularly Jammu and Kashmir. Similar prayer meetings were held at other places in the valley. Despite sub zero temperature Christmas was also celebrated at Gulmarg, where large number of devotees, including tourists participated in the prayers held during the day.Tourism department organized a number of programs at Gulmarg last evening Copyright © Jammu Links News, Source: Jammu Links News
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6 Keys To Success In Business And Life


(Family Features) It's not always easy staying organized. Life is busy, chaotic and fast-moving. Although it can be easy to get discouraged at times, there are ways to enhance organization and attitude through the peaks and pits life throws at you.

Carol Lavin Bernick, former executive chairman of beauty conglomerate Alberto Culver, published "Gather As You Go: Lessons Learned Along the Way," a book sharing insights she's learned through her many roles as a corporate leader, working mother, philanthropist and founder of the nonprofit organization Enchanted Backpack. Bernick offers these tips to be ready for the good times and difficult situations, highlighting the importance of loving what you are doing in both business and life.

Attitude is Key
A person who is passionately committed to the success of his or her business - who has an "I-can-do-it" attitude - is more likely to succeed. One person can make a difference, and it's up to you to demonstrate you are one of those people.

If You Never Fail, You Will Never Grow
If it's always comfortable and easy, you can't know the big win. When challenged and stretched, you may have a greater chance to learn. Reach out, get involved and take a risk. Oftentimes, the best talent has multiple experiences to share and on which to reflect.

Credibility is Everything
Some of the most important career-saving words are "I don't know." Never fake it. If you're wrong, admit it and correct it. If you've made a mistake, fix it and learn from it. If it's going to take some time to find an answer, set a timetable and stick to it.

Complaining Gets You Nowhere
People, especially in business, simply do not want to hear complaints. If you are frustrated, it is probably best to keep quiet and figure out how you can fix whatever it is, and if you can't change it, try changing how you think about it and alter your mindset.

Give Back
Communities are not perfect. They are the responsibility of business, government and citizens. If you don't commit to making a difference, you're instead leaving the burden to others.

Nice Guys Don't Finish Last; They Win
Aggressive and passionate shouldn't equate with unpleasant. The higher you rise, the more pleasant and understanding you typically need to be. Never underestimate the importance of being thankful and the value of recognition. Ego has no place in business. If you have one, try to lose it.

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India: Preference for dried fruit during diwali despite rising prices

The Diwali tradition of north India seems to have caught on in the city with consumers increasingly switching to healthier dry fruits from ghee-laden sweets. Instead of offering and gifting sweets to friends and guests, people are showing a marked preference for dry fruits despite soaring prices. According to market sources, this has led to a 10 to 15% increase in the sale of dry fruits this Diwali. Shopkeepers admit that though a large number of Keralites may not have completely done away with sweets, health-conscious consumers are slowly reducing the quantity of sweets and replacing the same with dried fruits. "Instead of buying a kg of sweets, we now split it between sweets and dry fruits," said Chetan Shah, a Kochi-based Gujarati said. Cashew nuts, almonds, pineapple, kiwi, apricot and other fruits are in huge demand as they can be preserved for long. "In our hypermarket, the sale of dry fruits increased from 150kg during Diwali last year to 200kg this year. Cashew nuts and badam top the preferred list for consumers," said an official with the Lulu Hypermarket. Ketan N Parekh, owner of Best Dry Fruits in Mattancherry, said, "There is large demand for cashew nuts this Diwali. Since sweets that are brought from other states have a short shelf life, they can't be stored for long." Gujaratis, Sikhs, Tamilians, Punjabis and other communities have made arrangements to celebrate Diwali on Wednesday. Source: indiatimes.com. Source: Article
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Taj Khazana partners with Zoya to launch banarasi sarees

Taj Khazana, the in-house luxury lifestyle stores chain of Taj Hotels, Resorts and Palaces, today said it is partnering diamond boutique Zoya to launch new collection of banarasi sarees and jewellery. Taj Khazana and the diamond boutique Zoya are both from the house of Tata. "The launch is a part of our endeavour to employ and empower rural weavers and artisans from Banaras," Taj Khazana Chief Operating Officer Sarita Hegde Roy told PTI here. It is an initiative for the revival of rare Banarasi weaves that serve as a means of providing sustainable livelihoods to thousands of artisans as well as preserving the rich art and craft legacy of the country, she added. "Taj Khazana's revival collection has been showcased through trunk shows in major cities and at all Khazana stores. This meant, keeping the looms alive and ensuring continuity," Roy said. The Taj khazana has always strived to provide market access and opportunities to artisans and weavers as they did not have easy access to market, she added. Taj Hotels handloom weaver's project that started six and half years ago initially involved creating hand-woven saris for all luxury hotels of Taj. The luxury lifestyle stores chain will also be opening its new store in Goa by the year end, taking the total number of stores in India to 13, Roy said. Taj Khazana showcases and stocks artifacts and collectibles created by master craftsmen of India and also has a selection of garments, stoles, shawls and accessories from handpicked Indian designers. Taj Khazana stores are present in select Taj Hotels Resorts and Palaces which are part of the Tata Group. Source: Indian Express
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