As Hajj season nears visit visa holders banned from entering Makkah from May 23 to June 21

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.

An Indian woman sentenced to death in Abu Dhabi for allegedly murdering a four-month-old child was executed on February 15, the Delhi High Court was informed on Monday. The revelation came during a hearing on a petition filed by her father, who was seeking information about her well-being.

Court Calls Execution "Unfortunate"

Justice Sachin Datta, upon learning of the execution, described it as "very unfortunate."

"It is over. She was executed on February 15. Her last rites will be held on March 5," Additional Solicitor General Chetan Sharma told the court.

Family’s Fight for Information

During the hearing, the petitioner’s counsel said the family had been desperately seeking clarity on whether she was alive or had been executed.

He mentioned that Shahzadi Khan had called her family from prison on February 14, informing them that she would be executed within a day or two and that it would be her final call. Since then, they had received no updates about her condition.

The Centre’s counsel stated that embassy officials were in touch with the petitioner and were making arrangements for the family to attend her last rites in Abu Dhabi.

"We did our best. We hired a law firm to represent her in court. But the laws there deal with the murder of an infant very severely," he submitted.

Case Background

According to the petition, Shahzadi contacted her father from detention on February 14, 2025, saying she had been moved within the facility and wanted to speak with her parents before her execution.

Her father, Shabbir Khan, a resident of Banda in Uttar Pradesh, filed an application with the Ministry of External Affairs (MEA) on February 21, 2025, seeking official confirmation of whether his daughter had been executed.

Shahzadi had been handed over to Abu Dhabi police on February 10, 2023. She was sentenced to death on July 31, 2023, and was held at Al Wathba jail.

The petition alleged that Shahzadi did not receive proper legal representation in court and was pressured into confessing, leading to her death sentence.

Events Leading to the Case

Shahzadi traveled to Abu Dhabi in December 2021 on a legal visa. In August 2022, her employer gave birth to a son, and she was hired as the child’s caregiver.

On December 7, 2022, the infant received routine vaccinations but tragically passed away that same evening.

The petition claimed that the child’s parents refused to allow a post-mortem and signed an agreement waiving further investigation into the death. However, despite this, Shahzadi was arrested and later sentenced to death.

Her family continues to seek justice and closure following her execution.

After a dramatic confrontation between former US President Donald Trump and Ukrainian President Volodymyr Zelensky at the White House, Russian officials and state media expressed satisfaction, viewing the exchange as a major political shift.

Following the heated meeting, which ended with Zelensky abruptly leaving, Russian Foreign Ministry spokeswoman Maria Zakharova praised Trump's "restraint" for not physically assaulting the Ukrainian leader. "I think Zelensky's biggest lie was his claim that Kyiv was alone in 2022 without support," Zakharova wrote on Telegram. She further added, "How Trump and Vance held back from hitting that scumbag is a miracle of restraint," criticizing Zelensky for "biting the hand that feeds him."

Dmitry Medvedev, Russia's Security Council deputy head and former president, issued the most scathing remarks, calling Zelensky an "insolent pig" who had received "a proper slap down in the Oval Office." Medvedev declared, "For the first time, Trump told the cocaine clown the truth: the Kyiv regime is playing with World War III. And the ungrateful pig got a strong slap on the wrist from his masters. This is useful but not enough—we must stop military aid to the Nazi machine."

Kirill Dmitriev, head of the Russian Direct Investment Fund and a key Russian-American negotiator, described the exchange as "historic" and suggested it reflected a shift in US foreign policy. Meanwhile, Yevgeny Primakov, head of Russia's Agency for International Humanitarian Cooperation, accused Zelensky of attempting to provoke violence in response to the confrontation. "The Kyiv regime thrives on bloody provocations," Primakov wrote on Telegram, speculating that Ukraine might stage an attack to blame Russia and regain Western sympathy.

Russian state media amplified these sentiments, with RT posting on X (formerly Twitter): "Zelensky sits with hands between legs as US President and VP hammer him."

While European leaders expressed support for Zelensky, Hungarian Prime Minister Viktor Orban, a long-time Putin ally, sided with Trump. Orban praised the former US president’s stance, writing on X: "Strong men make peace, weak men make war." He commended Trump for "bravely standing for peace, even if it was difficult for many to digest."

The Oval Office clash highlighted growing tensions between Washington and Kyiv over Trump’s push for a ceasefire in the ongoing Russia-Ukraine war. During the meeting, Trump accused Zelensky of being "disrespectful" and warned, "You have no right to dictate how we should feel. You are gambling with World War III."

Trump further cautioned, "I have empowered you to be a tough guy. You either make a deal, or we're out. You don't have the cards." Vice President J.D. Vance also rebuked Zelensky, saying he had never acknowledged the extensive US aid provided to Kyiv.

The confrontation, witnessed by reporters, resulted in the abrupt cancellation of a scheduled press conference. Trump later criticized Zelensky on Truth Social, calling him "disrespectful" and unwilling to negotiate peace.

Before the meeting, Kremlin spokesman Dmitry Peskov reiterated Russia’s willingness to engage in diplomatic talks with the US, emphasizing the importance of mutual respect. "We seek dialogue not only with the US but with all nations, based on mutual respect and benefit," Peskov stated, dismissing the notion that diplomacy should be dictated solely by strength, a criticism often directed at Trump’s foreign policy approach.