Indians getting richer by the day

Indians are getting richer than anybody else in the Asia-Pacific region. At the end of 2005, the number of high networth individuals (HNWI) had risen to 83,000 -- a 19.3% increase over the previous year.

These findings were the outcome of a survey by Merrill Lynch, a global financial advisory outfit and Capgemini, an IT services and business consulting company. The survey defines HNWIs as individuals with net financial assets of at least $1 million, excluding their primary residence and consumables.

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