Pradeep Kumar Sinha appointed new Cabinet Secretary

The number of Indian high-net-worth individuals (HNWIs), those having assets more than $10 million, rose 6 per cent last year to 85,698, according to Knight Frank.

Global property consultant Knight Frank on Wednesday released its 'The Wealth Report 2025', which estimated the HNWI population in India at 85,698 in 2024, as against 80,686 in the preceding year.

The number is expected to rise to 93,753 by 2028, reflecting India's expanding wealth landscape, the consultant said.

The increasing trend of HNIW population highlights the country's strong long-term economic growth, increasing investment opportunities, and evolving luxury market, positioning India as a key player in global wealth creation.

India's billionaire population has also seen a strong year-on-year growth in 2024.

"India is now home to 191 billionaires, of which 26 joined the ranks in just the last year, which was pegged at just 7 in 2019," the consultant said.

The combined wealth of Indian billionaires is estimated at $950 billion, ranking the country third globally, behind the US ($5.7 trillion) and Mainland China ($1.34 trillion).

"India's growing wealth underscores its economic resilience and long-term growth potential. The country is witnessing an unprecedented rise in high-net-worth individuals, driven by entrepreneurial dynamism, global integration, and emerging industries," Shishir Baijal, Chairman & Managing Director, Knight Frank India, said.

This expansion is not just in scale but also in the evolving investment preferences of India's elite, who are diversifying across asset classes, from real estate to global equities, he added.

"In the decade ahead, India's influence in global wealth creation will only strengthen," Baijal said.

In a significant policy shift, the central government has amended the passport application process, making birth certificates the sole valid proof of date of birth for individuals born on or after October 1, 2023. This move aims to streamline documentation and ensure uniformity in age verification.

Mandatory Birth Certificate for New Applicants

The new rule, announced last week as part of the amended Passport Rules, will take effect after its publication in the official Gazette. As per a notification dated February 24, the Ministry of External Affairs has revised the requirements for submitting proof of date of birth when applying for a passport.

For individuals born on or after October 1, 2023, only birth certificates issued by the Municipal Corporation, the Registrar of Births and Deaths, or any other authorized body under the Registration of Births and Deaths Act, 1969, will be accepted as valid proof of date of birth.

However, those born before this date can continue to submit alternative documents, including school transfer certificates, matriculation certificates, PAN cards, driving licenses, or extracts from service records.

Changes in Residential Information

To enhance privacy, applicants’ residential addresses will no longer be printed on the final page of passports. Instead, immigration officers will retrieve this information by scanning an embedded barcode.

New Colour-Coded Passports

The government has also introduced a colour-coding system for passports:

• White passports for government officials
• Red passports for diplomats
• Blue passports for ordinary citizens

Parental Information No Longer Required

Another major change is the removal of parents' names from the last page of the passport. This revision is aimed at protecting personal information, particularly for individuals from separated or split families.

Expansion of Passport Seva Kendras

To enhance accessibility, the government plans to increase the number of Post Office Passport Seva Kendras (POPSKs) from 442 to 600 over the next five years. The Department of Posts and the Ministry of External Affairs (MEA) have extended their Memorandum of Understanding (MoU) to facilitate this expansion, ensuring continued passport services at POPSKs.

Officials noted that passport rules regarding date of birth had not been updated for a long time, largely because many rural residents lacked birth certificates. However, with stricter enforcement of the Registration of Births and Deaths Act, 1969, birth certificates have now become the only recognized proof for those born after October 1, 2023.

These sweeping changes mark a significant update in India’s passport application process, reinforcing security, privacy, and efficiency in document verification.

Thiruvananthapuram/Kochi: Tushar Gandhi, the great-grandson of Mahatma Gandhi, on Friday said that he will neither retract his recent statements against the RSS and BJP nor will he apologise for them, while the two saffron outfits demanded that he be arrested for his remarks.

Gandhi, during the recent unveiling of a statue of the late Gandhian P Gopinathan Nair at Neyyattinkara in Thiruvananthapuram, had referred to the BJP and RSS as "dangerous and insidious enemies" who have entered Kerala.

He had also termed the RSS as "poison", following which BJP-RSS workers shouted slogans and blocked his car.

On Friday, speaking at an event in Aluva near Kochi, Gandhi said that once he said "those things", he does not believe in retracting them or apologising for them.

"What this incident has done is strengthen my resolve to continue to expose the traitors. This is a fight which is even more essential than the freedom fight. We have a common enemy now, the Sangh. They must be exposed," he said.

He also said that he was worried that "the descendants of my great grandfather's murderers" will go to Mahatma Gandhi's statue and fire bullets at it "as they are habituated to do".

The BJP hit back at him by saying that he is just someone who was "by default" born as a descendant of Mahatma Gandhi and has been trying to "monetise" his great grandfather's name.

Former Union Minister of State and BJP leader V Muraleedharan alleged that Tushar Gandhi has been for several years trying to "monetise" Mahatma Gandhi's name.

Muraleedharan, speaking at a BJP protest against Tushar Gandhi at Neyyattinkara, further said that those who invited him for the statue unveiling probably were not aware of his background.

He further said that just because Tushar has the Gandhi name, it does not entitle him to the same respect or honour reserved for the Father of the Nation.

He demanded that Tushar Gandhi be arrested for his statements based on the BJP's complaint.

The BJP leader also criticised the Pinarayi Vijayan government for arresting five RSS-BJP workers a day ago for raising slogans against Mahatma Gandhi's grandson.

A case was registered against the five people under Sections 189(2), 191(2), 190, and 126(2) of the Bharatiya Nyaya Sanhita (BNS) on charges of unlawful assembly, rioting, and wrongful restraint.

According to the police, a small group of people, allegedly linked to the Sangh Parivar, raised slogans against Tushar Gandhi at the end of a function he attended at Neyyattinkara on Wednesday evening.

Vijayan had strongly condemned the alleged "Sangh Parivar attack" on Tushar Gandhi, stating that actions that suppress freedom of expression cannot be allowed in a democratic society.