India has defied the global trend of declining wealth in 2022, according to a report by Credit Suisse-UBS. The country s ultra-high-net-worth and billionaire populations are projected to grow significantly in the coming years. Singapore also experienced an increase in wealth, with median and average household wealth rising in 2022. These findings highlight the resilience of the Indian and Singaporean economies amid global economic challenges.
Alia Bhatt has been named Gucci’s global brand ambassador. Before her, it was Deepika Padukone for Louis Vuitton. India’s luxury market is having a moment and we are all for it