A Voluntary Provident Fund (VPF) is a smart way to boost your retirement savings. If you are a salaried employee, it allows you to voluntarily contribute more to your Employee Provident Fund (EPF) account, offering high interest returns. VPF contributions are eligible for tax deductions and automatic deductions from your salary make it a convenient option. Remember, VPF offers secure, government-backed returns, but you will only get the full benefits if you invest for the long term.
Tech Mahindra is hopeful of benefitting from the weak rupee for 1-2 quarters. However, inflationary pressure will push up domestic costs and overall postive impact will be less, Vineet Nayyar, vice chairman of Tech Mahindra says.
In an interview to CNBC-TV18, Vineet Nayyar, executive vice chairman, Tech Mahindra explains that despite gaining from the currency depreciation, it is only a marginal benefit that they accrue. The company gets only a 35-40 paise gain on every depreciated rupee.
A petrol price cut could be announced on Tuesday, sources told CNBC-TV18. It will be effective from midnight, and will be in the range of about Rs 1.50 a litre. The oil marketing companies (OMCs), according to sources, do have scope to cut prices by nearly Rs 2 a litre.
The country's largest two-wheeler maker Hero Motocorp is mulling to cut prices of its best selling bikes as it seeks to regain lost market share.
Traditional organisations are implementing mobility more slowly, largely in response to user demand, and are seeing both fewer costs and benefits, finds Symantec survey.