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Why are the uber rich leaving India?

Jul 27, 2015

Here is today's recommended reading list from Equitymaster...

Are the claims made by the Power Ministry pompous?
The power minister has made tall claims regarding the highest ever power generation capacity addition and reducing the power deficit to the lowest ever after they have come to power. Read this article to know more about whether the claims which have been made hold true? (indianexpress.com)

Is RBI at a risk of losing its autonomy?
The draft Indian Financial Code contains provisions which have the effect of marginalizing the powers of Reserve Bank of India (RBI). Will the RBI, going forward, have any say on the interest rates prevailing in the country? Read this article to know more about the new draft provisions and the effect it would have on the RBI. (financialexpress.com)

Is the Indian Pharma Industry compromising on quality?
Indian generic drug makers have saved millions of lives by adopting a price competitive business model. However there have been certain instances off late where multiple legal cases have been filed based on the shoddy manufacturing practices adopted. Read this article to know more about its impact on the Indian Pharma Industry. (livemint.com)

Why are the uber rich leaving India?
Approximately 61000 High Net Worth Individuals (HNWI) have changed domicile between 2000 to 2014. As per the report they tend to move to the UAE, UK, US and Australia. Read this article to know more about the reasons owing to which such people are moving out of India. (financialexpress.com)

Madhu Gupta

Madhu Gupta (Research Analyst), ValuePro has a post graduate degree in both physics and finance. Having worked with India's leading economic research agency, she has a natural flair for numbers and analytics. She brings with her a near-decade long rich experience in the field of finance. A firm believer of the principles of value investing, she looks for robust businesses with durable competitive advantages.

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