Even as the country is facing economic hiccups and the government facing criticisms from various quarters over its handling of the economy, the wealthiest people in India do not seem to be affected.

In spite of businesses facing difficulties in the aftermath of the government’s demonetisation of high-value currency last November and its rollout of the goods and services tax (GST) regime in July this year, India’s 100 wealthiest tycoons have seen their combined net worth zooming to a whopping $479 billion, up 26 per cent from $374 billion in 2016. According to the Forbes’ ...