General
6,500 Millionaires May Leave India This Year
India is projected to witness a net outflow of over 6,500 millionaires or high net worth individuals (HNIs) during 2023 claimed The Henley Private Wealth Migration Report 2023. This is slightly lower than last year’s net outflow of 7,5000 HNIs.
China to witness highest outflow of HNIs
According to the study, India is the second-largest country in terms of migration of HNIs, following that of China. In 2023 the report claims that the net outflow of millionaires from China will be at 13,500, which is higher than 10,800 estimated in 2022.
UK third on the list
The third in the list is The United Kingdom with an estimated net outflow of HNIs at 3,200. This is double from the previous year’s predictions of 1,600.
The Henley Private Wealth Migration Report 2023 that was released on Tuesday, forecasts the net inflow and outflow of millionaires based on the projections by global wealth intelligence firm New World Wealth.
Currently India has 3.4 lakh millionaires whereas China has 7.8 lakh millionaires.
Outflow of millionaires not particularly concerning
However, the report claims that according to India’s capacity to generate new millionaires, the outflow numbers may not be particularly concerning. India’s millionaire population is expected to see an 80 per cent jump by the year 2031, making India one of the world’s fastest-growing wealth markets during this period.
This remarkable growth would be on the back of thriving healthcare, technology and financial sectors within the country.
Additionally, amongst the top three countries in the list only India has seen a decrease in the net outflow of millionaires.
Trend of returning individuals
According to New World Wealth, there has been a notable trend of many affluent individuals returning to the country. However, the exact number for the same has not been provided in the report. But the report claims that with the improving lifestyle in India there is a higher possibility of such millionaires returning to India.
Australia on the other hand is expected to attract the highest net inflow of HNIs this year with 5,200 moving to the country against 3,800 from last year. UAE ranks second with an significant influx of 4,500 new millionaires this year after it saw a record-breaking new arrival of 5,200 millionaires in 2022. The third place is held by Singapore with a net inflow of 3,200 millionaires, its highest ever on record.
Maharashtra
UP gangster wanted under Gangster Act arrested from Mumbai, major police operation UP police sent accused to UP

Mumbai: Police has succeeded in arresting a gangster and gang leader from Sitapur, Uttar Pradesh. He is residing here hiding his identity. Mumbai Police received information that he is hiding in Bay Hotel. After which Yellow Gate Police arrested gangster and gang leader Nishant Rajesh Singh (23), wanted in three cases in Sitapur. In the initial investigation, he tried to mislead the police, but later he told that he belongs to UP and later Mumbai Police contacted Uttar Pradesh Police and it came to know that he is wanted in three cases in Sitapur including theft, illegal weapons, Gangster Act, after which UP Police came to Mumbai today and took the accused into custody and took him to Uttar Pradesh. This operation was carried out by DCP Vijay Kant Sagar on the instructions of Mumbai Police Commissioner Devin Bharti.
Maharashtra
A very rare surgery: Rajawadi Hospital team successfully removes a 5.5 kg, 30 cm tumor from the uterus of a 46-year-old woman

A 46-year-old woman from Mankhurd, Mumbai, had been suffering from health problems like persistent abdominal swelling, abdominal pain and difficulty in breathing for the past two years. In view of these symptoms, she sought treatment at the Outpatient Department (OPD) of the Gynaecology Department at BMC-run Seth Vadelal Chhatrapati Gandhi and Monji Amidas Vora Municipal General Hospital (Rajawadi Hospital) in Ghatkopar. The hospital team successfully removed a tumour weighing around 5.5 kg and measuring 30 cm from the patient’s uterus. As her symptoms worsened significantly, a comprehensive review of her medical history, physical examination and necessary diagnostic tests were conducted. These tests revealed a uterine tumour measuring around 30 cm. Initial diagnosis suggested that the mass was a ‘giant leiomyoma’ (fibroid). All necessary precautions and planning were taken to deal with possible complications during and after the surgery, and the procedure was performed later. Dr. Swadina B. Mohanty, Dr. Shalini Bagaria, Dr. Arva Kamble, and Dr. Kajal Salvi played a key role in the surgery performed by the Gynecology Department. Dr. Shreyash and Dr. Netra, under the guidance of anesthesiologist Dr. Chhavi, managed the anesthesia team. Additionally, surgical staff nurse Neelakshi Guru and her team provided vital support during the surgery. Due to the large size of the tumor and the extensive network of blood vessels, the surgery was performed with utmost care. The 5.5 kg tumor removed during the procedure has been sent for histopathological examination, and the final report is awaited. Post-surgery, the patient received specialized care and was discharged from the hospital on the fifth day in excellent health. Cases of such large uterine tumors are extremely rare.
Maharashtra
Immediate financial assistance and rehabilitation for the victims of the Bhiwandi Kohinoor building tragedy and strict action against the culprits. Abu Asim Azmi

Mumbai: Maharashtra Samajwadi Party leader and MLA Abu Asim Azmi has written a letter to Maharashtra Deputy Chief Minister and Urban Development Minister Eknath Shinde, and Relief and Rehabilitation Minister Mukrandji Jadhav, appealing for justice for the victims of the tragic and serious incident of collapse of the four-storey Kohinoor building in Balaji Nagar area of Bhiwandi city. Through the letter, MLA Abu Asim Azmi has put forward important demands and issues, including raising questions about administrative negligence.
The Bhiwandi Nizampur City Municipal Corporation had earlier declared the building ‘extremely dangerous’ and issued a notice. Despite this, the administration failed to take timely and concrete steps to ensure the safe rehabilitation of the residents. Lives were lost due to administrative delay and negligence. Along with immediate assistance to the deceased and injured, he demanded that the government immediately provide financial assistance to the families of the citizens who lost their lives in the accident and ensure that all the injured are provided with the best medical treatment at government expense. Regarding the structural audit of the most dangerous buildings, Azmi said that a ‘structural audit’ of all the dilapidated and most dangerous buildings in Bhiwandi city should be conducted immediately, and arrangements for the temporary and permanent rehabilitation of their residents should be made without delay. Azmi has also demanded strict action against the guilty officials and has said that strict legal and administrative action should be taken against the officials responsible for this major accident and the negligence associated with it. Abu Asim Azmi has appealed to the government to take suo motu notice of the matter and ensure that justice and relief reach the affected families in Bhiwandi as soon as possible.
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