India’s Historic Economic Milestone

Recent reports confirm that India has officially surpassed Japan to become the world’s fourth-largest economy in 2025, according to the International Monetary Fund (IMF) World Economic Outlook. This landmark achievement underscores India’s rapid economic expansion and solidifies its position as a key player in the global economy.

When business titan Ratan Tata drafted his will, he ensured his legacy would be protected—not just through careful asset distribution but also by including a powerful legal safeguard the “no-contest clause.” This clause, also known as an in terrorem clause, played a decisive role when Mohini Dutta—a longtime confidante and the only non-family member to inherit a significant portion (₹588 crore) of Tata’s estate—initially disputed the valuation of his bequest.

HDFC Life Click 2 Achieve: A Comprehensive Guide to Secure Your Financial Future

In today’s fast-paced world, achieving life’s milestones—such as buying a dream home, funding your child’s education, or planning a comfortable retirement—requires careful financial planning. HDFC Life Click 2 Achieve is a non-participating, non-linked savings life insurance plan designed to help you meet these goals with guaranteed benefits and flexible payout options.

The National Pension System (NPS) Corporate Model is one of India’s most tax-efficient retirement solutions. Yet, many companies hesitate to adopt it due to misinformation and myths.

For High-Net-Worth Individuals (HNIs) and Non-Resident Indians (NRIs), diversifying investments across global markets is no longer a luxury—it’s a necessity. The Mirae Asset Global Allocation Fund, a Category III Alternative Investment Fund (AIF) launched under the GIFT City (Gujarat International Finance Tec-City) IFSC framework, offers a compelling opportunity to invest in global equities while benefiting from India’s only International Financial Services Centre (IFSC).

Akshaya Tritiya is considered one of the most auspicious days for new beginnings, especially when it comes to wealth creation. Traditionally, Indians buy gold on this day, believing it brings prosperity and financial security. However, modern investors also explore other avenues like mutual funds, gold ETFs, sovereign gold bonds (SGBs), gold-backed Market Linked Debentures (MLDs), and Multi-Asset Allocation Funds.