Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Investors seeking higher returns at relatively higher risk should consider allocation to smallcap equity funds.
Many senior citizens 'underestimate the impact of inflation, taxation, health-related expenses, and the heavy premium they will have to pay on health insurance.'
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
A N Shanbhag examines various proposals of Budget 2003 which are of interest to individual assessees.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'Reits are suitable for investors seeking regular income and real estate exposure without managing physical properties, especially NRIs and retirees.'
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
While gold continues to provide safety after its strong 2025 rally, well-chosen real estate investments held with a long-term view remain attractive.
The world's largest postal service is stepping in to help deliver lifesaving medicines during a countrywide lockdown aimed at tackling the coronavirus pandemic.
Conservative investors seeking equity-like tax benefits with low risk may go for them.
Senior citizens should avoid putting their entire retirement corpus in SCSS.
The story of Bihar's educational reform is a lesson for all reforms done halfway.
Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.
Even if interest rates go down, they may continue to offer better returns than fixed deposits.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
'The outlook for the next Samvat is more constructive, as many of the earlier drags are gradually becoming supports.'
One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.
SBI has twice hiked interest rates on fixed deposits within a month, but an investor still gets better returns at the post office.
If you plan to withdraw money from your corpus regularly to meet expenses, have a portfolio of stable instruments.
The net inflow into equity mutual funds surged 24 per cent to Rs 23,587 crore in June, reversing the declining trend of the last five months, driven by strong equity market performance across segments, data released by the Association of Mutual Funds in India (AMFI) showed on Wednesday. Also, the latest fund infusion by investors marks the 52nd consecutive month of net inflows into the segment.
While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
The finance ministry has initiated an internal survey of the faceless regime to examine its effectiveness.
Reels often induce the FOMO-'Act now!' mentality. But sound investing is about consistency, diversification and a long-term horizon.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
Bank employees want a five day work week.
Post office savings of 1, 2 and 3 year term deposits and 5-year recurring deposit currently fetch 8.4 per cent interest per annum.
'Accidents are unpredictable, whether it's a mishap during Diwali, a fracture during travel, or a fall in the bathroom.'
rediffGURU Mahesh Padmanabhan answers readers' personal income tax queries.
'Revolving credit without full repayment causes interest to outpace repayment capacity, and leads to financial distress.'
With the RBI infusing Rs 7.5 lakh crore in liquidity -- and possibly more in the future -- the short- to medium-term corporate bond market is expected to benefit.
Getting locked into instruments before the new regime kicks in would be a good strategy.
In a move that will hit the common man, the government on Friday slashed interest rates payable on small savings including PPF and Kisan Vikas Patra (KVP) in a bid to align them closer to market rates.
