India Slips To 12th Rank In Millionaire Population: Report

New Delhi: India has slipped one place to 12th spot in terms of millionaire population, even as their numbers have grown marginally to 2 lakh. Last year, India was ranked 11th with 1.98 lakh such high networth individuals (HNWIs), according to a report by Capgemini. India along with China is seen as engine of growth by the global wealth managers. The report said 13 per cent of the global wealth managers feel that India has the big...