Praveen Togadia will be sacked, says VHP leader

TNN

January 22, 2018

Allahabad, Jan 22: A senior member of Margdarshak Mandal, the highest decision-making body of Vishwa Hindu Parishad (VHP), said on Saturday that VHP's international working president Praveen Togadia would be removed from his post for making remarks against the Central and Rajasthan governments.

But some leaders who came to attend the Sant Sammelan voiced support for the VHP stalwart. Togadia, who had gone "missing" for several hours on Monday and was hospitalised subsequently, had alleged that he had information that the Rajasthan police were coming for his "encounter" and that the Intelligence Bureau was behind the police cases against him. "Togadia has indulged in indiscipline and he will be shown the door," said senior VHP leader Swami Chinmayanand. TOI had reported earlier that RSS was planning to axe Togadia for his confrontational approach against the Centre.

The Margdarshak Mandal member said Togadia had lost his importance in the VHP. "Most people in the organisation are happy that he has been sidelined. His recent act is a proof of his indiscipline. He won't be tolerated in VHP anymore," he said. Claiming that his stand reflected the general opinion in the Margdarshak Mandal, Chinmayanand said, "Togadia has no relations with VHP now."

VHP general secretary Champat Rai said, "Who says Togadia ji has been sidelined by VHP. He is dear to us and to the society."

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India now home to 191 billionaires; 26 joined last year: Knight Frank

News Network

March 5,2025

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.

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