Malayalam newspapers lead the pack in Qatar

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.

A group of nearly 300 migrants, including Indians deported from the United States under President Donald Trump's crackdown on illegal immigration, are currently held in a hotel in Panama's Darien jungle region. These migrants hail primarily from Asian countries such as India, Nepal, Sri Lanka, Iran, Pakistan, Afghanistan, and China.

The migrants are not permitted to leave the hotel as the Panamanian government awaits international authorities to arrange their return to their home countries. According to a report, Panama's Security Minister Frank Abrego stated that the migrants are receiving medical attention and food as per an agreement between the United States and Panama.

However, a report from The New York Times quoted Artemis Ghasemzadeh, 27, an Iranian deportee, who said, "It looks like a zoo; there are fenced cages. They gave us a stale piece of bread. We are sitting on the floor."

Deputy Foreign Minister of Panama, Carlos Ruiz-Hernandez, confirmed that 97 people were transferred to the camp. He emphasized that the migrants were not "detainees" but rather in a migrant camp where they will be taken care of, not a detention camp.

Migrants in the hotel rooms displayed messages on the windows reading "Help" and "We are not safe in our country." According to the report, 40% of the migrants are refusing to return to their home countries voluntarily.

Panama serves as a transit country due to the challenges the US faces in deporting individuals directly to some countries. While Panama acts as a "bridge," the US government bears the cost of these arrangements. This agreement between the two countries was announced following the visit of US Secretary of State Marco Rubio to Panama. The threat of retaking control of the Panama Canal by Trump is mounting pressure on Panamanian President Jose Raul Mulino.

Costa Rica is also expected to receive a group of deportees on Wednesday.

Abrego stated that 171 of the 299 deportees had agreed to return to their home countries with the assistance of the UN Refugee Agency and the International Organization for Migration. The remaining 128 migrants are still being processed, with efforts being made to find alternative locations for them. While individuals who refuse to return to their home countries will be detained in a facility in the remote province of Darien for a while, one deported Irish individual has already returned home.