CNBC's Inside India newsletter: Leaving, but not letting go — India’s wealthy move abroad, but stay invested
Publishing timestamp: 2025-07-24 19:14:04
Summary
Wealthy individuals in India are considering emigrating for better living conditions and tax benefits, but many still remain invested in the country. The government needs to make systemic shifts to make India an attractive place to live and invest in. Various experts suggest ways to improve urban planning, infrastructure, and engage with wealthy individuals to encourage them to stay or return to India. Meanwhile, Indian markets were trading negatively and there were updates on economic forecasts, banking margins, and regulatory permissions.
Sentiment: MIXED
Tickers: .DXY, INR=, .NSEI, JPM,
Keywords: dxy us dollar currency index, us dollar/indian rupee fx spot rate, business news, cnx nifty index, india, jpmorgan chase & co, economic events, world economy,