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4000 millionaires reported to shift abroad in 2015

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Image source: www.officechai.com

New Delhi: India has seen the fourth-biggest outflow of high net worth individuals globally in 2015 with shifting of 4,000 millionaires overseas, says a report.

According to a report by New World Wealth, some 4,000 uber-rich Indians have changed their domicile in 2015, while France saw the maximum outflow of millionaires with as many as 10,000 super rich leaving the country.

The report however noted that the migration of super rich from China and India is not a “concern”.

“The outflows from India and China are not particularly concerning as these countries are still producing far more new millionaires than they are losing,” the report said and added that “once the standard of living in these countries improves, we expect several wealthy people to move back.”

In terms of countries ranked by millionaires outflow, France was followed by China in the second place with 9,000 millionaires leaving the country while for Italy, at third position, the figure stood at 6,000.

On France, the report said, the country is being heavily impacted by rising religious tensions between Christians and Muslims, especially in urban areas.

“We expect that millionaire migration away from France will accelerate over the next decade as these tensions escalate,” the report said.

It further noted that other European countries where religious tensions are starting to emerge such as Belgium, Germany, Sweden and the UK will also be negatively affected in the near future.

Other countries that saw significant millionaire outflows include Greece (3,000), while Russian Federation, Spain and Brazil saw 2,000 such outflows each.In terms of millionaire inflows, Australia topped the chart as it saw as many as 8,000 uber rich people shifting base there, followed by the US (7,000) and Canada (5,000) in the second and third place respectively.

 Millionaires, otherwise known as “high net-worth individuals” or “HNWIs” refer to individuals with net assets of $1 million or more excluding their primary residences.
Credits: Times Of India

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Report Says Majority Of Indians Mix Fats, Sugars In Their Diet

The reason for which combinations of fats and sugars are so incredibly unhealthy is the fact that these two compounds are seldom found together in nature

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Report Says Majority Of Indians Mix Fats, Sugars In Their Diet
Report Says Majority Of Indians Mix Fats, Sugars In Their Diet. Pixabay

One of the first rules of nutrition is to never mix fats and sugars because this contributes to obesity. However 70 per cent of Indian mix both in their diet, says a report by The Food Analysts.

A study conducted by WhatsApp-based nutrition service concluded that up to 70 per cent of Indians mix fats and sugars, regularly as part of their diet. This ever increasing trend has been largely brought about by the growing consumption of fast food items like burgers with cold drinks and pizzas, although processed and heavily refined foods are just as culpable.

The reason for which combinations of fats and sugars are so incredibly unhealthy is the fact that these two compounds are seldom found together in nature, said a statement.

Intramuscular fat is difficult to get rid of because of its hidden nature as it is spread within the muscles of your body. It contributes to insulin resistance, a key cause of Type 2 Diabetes. Increased inflammation, reduced recovery from training, and decreased strength are all side effects of a regular diet of this type, as is hyperphaegia -the endearing desire to eat more food.

Representational image.
Representational image. Pixabay

Studies have also revealed the correlation between the hyperphagic and weight-promoting effects of a sugar-fat diet when compared to a diet that comprises either fats or sugars individually.

It’s worth noting that this does not apply to low GI carbs (which are complex in nature) when combined with fats. Low GI carbs do not cause a spike in blood sugar unlike High GI carbs which are simple in nature. The latter cause a sudden spike of sugar in the blood and thus releasing insulin in an disorganised pattern which creates an environment that deposits fats.

Reflecting on the content of his Company’s report, Veer Ramlugon, Founder and CEO of The Food Analysts said: “While many who’ve read our report are resigned to the idea that India’s incidences of lifestyle diseases will only increase given the growing economy and rising wages, I’m very optimistic.”

Also Read: Finally The Cause Of Depression Among Diabetes Patients Discovered

“The problems we see today, while serious, are not insurmountable and educating people about the very basics of nutrition will be significant tool in fighting unhealthy eating habits, particularly fat-sugar combinations.

“I see this issue as one brought about by a lack of awareness about the basics of nutrition that needs to be addressed…If we’re to win the battle against unhealthy eating habits in our country, we first need to know that we’re in a fight to begin with,” added Ramlugon. (IANS)