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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