Indian Tycoons

Redevelopment has become a familiar term in cities across India. Ageing buildings, safety concerns, rising repair costs and the promise of a modern lifestyle have pushed thousands of housing societies toward redevelopment. For many residents, redevelopment brings hope—bigger flats, better amenities, secure structures and increased property value. But along with excitement, redevelopment also brings confusion, disagreements and legal questions. One of the most common disputes during redevelopment is the issue of rent for alternative accommodation. Why does one member get higher rent? Why do shop owners receive more compensation? Why does the builder refuse to pay rent until the entire building is vacated? These questions arise in almost every society undergoing redevelopment. 1. What Is Alternative Accommodation Rent in Redevelopment? During redevelopment, the old building must be demolished, and construction of the new building can be carried out only after that. But residents...

India’s salary structures are set for one of the biggest overhauls in decades. Starting November 21, 2025 , the four Labour Codes—on wages, social security, industrial relations and occupational safety—will finally be implemented nationwide. Among the many changes, one provision stands out for salaried professionals: the rule that basic salary must be at least 50% of the employee’s Cost-to-Company (CTC) . For years, most companies have kept basic salary low—typically 30% to 40% of CTC —to reduce statutory contributions like PF, gratuity and NPS. The new rule disrupts this structure and brings a uniformity that will significantly impact everyone’s take-home pay. So, how will your in-hand salary change? What will actually happen to employees earning ₹5 lakh, ₹8 lakh, ₹15 lakh or ₹20 lakh CTC? Let’s break it down clearly. What Exactly Is Changing? 1. Basic Salary Will Increase for Many Employees If your current salary structure includes a basic salary of less than 50% of your CTC, ...

इंश्योरेंस का असली उद्देश्य सिर्फ पैसों का कवरेज देना नहीं होता, बल्कि आपको मानसिक शांति देना भी होता है। एक अच्छी पॉलिसी यह भरोसा देती है कि किसी मेडिकल इमरजेंसी के समय आपको पैसों की चिंता नहीं करनी पड़ेगी। लेकिन सभी इंश्योरेंस पॉलिसियाँ यह भरोसा नहीं दे पातीं। कुछ पॉलिसियाँ ऐसे नियमों से भरी होती हैं जो दावा (क्लेम) करने के समय आपके लाभ कम कर देती हैं और बड़ा आर्थिक बोझ आपके कंधों पर डाल देती हैं—वह भी तब, जब आप सालों से प्रीमियम भर रहे होते हैं। इसलिए सही इंश्योरेंस पॉलिसी चुनना बहुत ज़रूरी है। बहुत से लोग पॉलिसी खरीदते समय उसके नियम समझे बिना ही साइन कर देते हैं। कई लोग पुरानी पॉलिसियों से चिपके रहते हैं, जबकि आज बाजार में बेहतर विकल्प उपलब्ध हैं। चाहे आपके पास पहले से पॉलिसी हो या आप नई पॉलिसी खरीदने की सोच रहे हों, गलत पॉलिसी के संकेत पहचानना बेहद महत्वपूर्ण है। यह लेख आपको बताता है कि एक खराब इंश्योरेंस पॉलिसी के पांच बड़े संकेत कौन-से हैं—जो मुश्किल समय में आपके लिए परेशानी और आर्थिक तनाव का कारण बन सकते हैं। क्यों ज़रूरी है अपनी इंश्योरेंस पॉलिसी को अच्छे से समझना? मेडिक...

For senior citizens, financial security becomes the top priority after retirement. With regular income sources coming to an end, many retirees rely heavily on interest earnings from their savings. Among all investment options available today, Fixed Deposits (FDs) continue to be the most trusted and safe choice. FDs offer guaranteed returns , zero market risk , and higher interest rates for seniors , making them a reliable income tool. In 2025, several banks—public, private, and Small Finance Banks (SFBs)—are offering attractive FD rates exclusively for senior citizens. This comprehensive guide takes a closer look at the 13 banks that currently provide the highest FD rates for senior citizens , including tenures, rates, and key features. Whether you're looking for short-term flexibility or long-term stability, this list will help you choose the best FD for your retirement needs. Why Fixed Deposits Matter for Senior Citizens Before reviewing the rates, it’s important to understa...

Digital payments have become a core part of modern life. Whether we shop online, pay bills, travel, or simply buy groceries, cards have become our everyday companions. In this age of UPI, net banking, and mobile wallets, bank cards—especially debit cards, credit cards, and prepaid cards—continue to play an equally important role in secure and convenient transactions. Yet, even though most people have at least one of these cards, very few truly understand the differences, benefits, risks, and ideal uses of each of them. Many people even use all three cards without knowing when to prefer one over the other. Understanding how each card works can help you maximize benefits, avoid mistakes, and protect your financial well-being . 1. Introduction: A Rapid Shift Toward Digital Payments India is experiencing a massive digital transformation. From metro cities to smaller towns, people are rapidly shifting from cash to digital methods over the past few years. In this environment, bank card...

जब अचानक पैसों की ज़रूरत पड़ती है, तो ज्यादातर लोग सबसे पहले पर्सनल लोन के बारे में सोचते हैं। यह आसानी से मिलता है, ज्यादातर बैंक और ऐप्स इसे ऑफर करते हैं, और कागज़ी काम भी कम होता है। लेकिन सुविधा के साथ एक बड़ी समस्या आती है— महंगा ब्याज । दूसरी ओर, भारत में ज्यादातर लोगों के पास पहले से ही लाइफ इंश्योरेंस पॉलिसी होती है, खासकर LIC की पारंपरिक योजनाएँ। ऐसी पॉलिसियों में वर्षों बाद अच्छी सरेण्डर वैल्यू बन जाती है, जिसके बदले आप कम ब्याज पर लोन ले सकते हैं। अब सवाल यह है कि कौन सा विकल्प आपके लिए बेहतर है—पर्सनल लोन या बीमा पॉलिसी पर लोन? इस विस्तृत लेख में हम सरल भाषा में दोनों के फायदे, नुकसान, ब्याज दरें, जोखिम, टैक्स नियम और विशेषज्ञों की राय समझेंगे ताकि आप सही फैसला ले सकें। 1. दोनों लोन क्या होते हैं? (A) पर्सनल लोन पर्सनल लोन एक अनसिक्योर्ड लोन होता है—यानी इसके लिए आपको कोई भी जमानत नहीं देनी पड़ती। बैंक आपके: क्रेडिट स्कोर आय नौकरी की स्थिरता और पिछला लोन इतिहास को देखकर लोन मंजूर करते हैं। हालाँकि यह आसानी से मिलता है, लेकिन इसकी समस्या है: ब्...

Investing in bonds and fixed-income securities can often seem complex, especially for new investors. Amidst various options, Target Maturity Exchange Traded Funds (TMETFs) have emerged as a straightforward and goal-oriented investment option. These funds are designed for investors who want predictable returns with a defined investment horizon . In this article, we explain what TMETFs are, how they function, their benefits, risks, and some real-world examples. What is a Target Maturity ETF? A Target Maturity Exchange Traded Fund (TMETF) is a type of fixed-income ETF that has a predetermined maturity date . Unlike traditional mutual funds that can continue indefinitely, TMETFs are structured to end at a specific date in the future . The core idea is simple: the bonds within the fund all mature around the same year , allowing investors to know when they will receive their principal and accrued interest. This feature makes TMETFs particularly attractive to conservative investors an...