Sun.Apr 13, 2025

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Cutting Through Financial Noise

Barry Ritholtz

In the latest edition of more or me, I chat with my friend Eric Golden: I speak My guest today is Barry Ritholtz. As the founder & CIO of Ritholtz Wealth Management Barry manages assets of over $5B. He is also a famous author and commentator, fondly known as the ‘Prickly Prophet of Wall Street’ for his contrarian views. In this conversation, Barry shares the origin story and the ideas behind his latest book, “How Not to Invest.” We also talk about how hes remained a

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5-year TIPS auction presents a dilemma

Tips Watch

You can find better real yields by stretching out the maturity date, just a bit. By David Enna, Tipswatch.com The U.S. Treasury market experienced a disturbing rout last week, with both nominal and real yields soaring on longer-term issues.

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A Day in the Life: John Berven from Aon

Future CFO

Editors note: In todays A Day in the Life , John Berven (pictured), director of growth at Aon , shares with FutureCFO audiences how leading a significant initiative in a previous role became pivotal for his professional development and how travelling consistently provided him with fresh perspectives and ideas. FutureCFO: What does a typical day look like for you?

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Taxman opens the parcel: GST sleuths probe restaurant packaging charges

CFO News

Indian tax authorities are investigating whether restaurants have evaded taxes on packaging charges, following scrutiny of 'food and delivery' taxes. The GST department has issued summons to eateries listed on platforms like Zomato, seeking GST details on packaging fees since January 2022. While GST on food isn't disputed, authorities question if packaging charge collections reached state coffers.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: Crashing the Car of Pax Americana : Pax Americana is the Bretton Woods monetary system and the Plaza Accords and the SWIFT banking system and the unquestioned dominance of the USD as the worlds reserve currency. It is the NATO alliance and the Pacific Fleet and CENTCOM and the NSA and the unquestioned dominance of the US military as the worlds security arbiter.It’s American brands, American universiti

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Good time to fetch capital via ECBs, trend may continue for next 2-3 years, says UGRO Capital CFO

CFO News

UGRO Capital CFO Kishore Loadha sees the current ECB environment favourable, mentions about the recent surge in deal activity like never before and aims to scale co-lending to 50 per cent of its AUM from the current 44 per cent. MSME focussed NBFC also targets to capture 1 per cent of the Rs 25 lakh crore MSME lending market.

CFO 49
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RBI to infuse 40k cr into banking system

CFO News

The RBI will purchase Rs 40,000 crore in government securities on April 17, marking its third open market operation this fiscal year. This move aligns with the central bank's policy to inject liquidity, aiming for 1% of the banking system's net demand and time liabilities.

Banking 45
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India's healthcare expenditure expected to surge from 3.3% to 5% of its GDP by 2030: CareEdge

CFO News

India's healthcare expenditure will surge from 3.3 per cent to 5 per cent of its GDP by 2030, said CareEdge in its latest report.

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SEBI warns of securities market frauds via YouTube, Facebook, X & more

CFO News

Alarmed at frauds related to securities market on various social media platforms, capital markets regulator SEBI has issued an advisory for investors to exercise caution and due diligence to verify the genuineness of social media handles of SEBI-registered entities while accessing them.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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HDFC Capital to invest Rs 1.5k cr in platform with Eldeco to build Rs 11K-cr homes in small towns

CFO News

HDFC Capital will invest Rs 1,500 crore in Eldeco Group's 18 upcoming residential projects across tier II-III cities, targeting a revenue potential of Rs 11,000 crore. This partnership aims to develop over 10 million square feet of housing in towns like Panipat, Rudrapur, and Ludhiana.

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Companies across sectors limit travel, embrace electric cars & eco-certified stays as sustainability gains ground

CFO News

Indian companies are embracing sustainable corporate travel, driven by environmental goals and traveler preferences. Firms across sectors like technology and finance are opting for carbon-neutral flights, eco-friendly transport, and green accommodations.

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Bangladesh-India trade tensions escalate as Dhaka shuts land ports, Delhi revokes transit rights

CFO News

Bangladesh Land Border Trade: Tit-for-tat moves disrupt critical yarn supplies and third-country exports, hurting SMEs on both sides of the border.

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UPI no more a technology, it's a population-scale habit: FIDE CEO Sujit Nair

CFO News

You have 500 million people using DPI, UPI as a way of life, and that idea, that way of thinking of how do you bring large population, especially the people who probably do not have formal access to the economy, bring them together closer and make government, public, private sector all come together to serve people and small businesses," said Nair.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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"Definitely a very big achievement": MoS Finance Pankaj Chaudhary on Choksi's arrest

CFO News

Minister of State for Finance Pankaj Chaudhary on Monday lauded the arrest of fugitive Indian businessman Mehul Choksi in Belgium, stating that it was a "very big achievement"

Finance 40
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Top seven Indian cities witness 4-8% leasing growth: Report

CFO News

According to the report, rental growth in India's national capital Delhi registered an uptick of 8.2 per cent, while financial capital Mumbai saw rental growth of 6.7 per cent.

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RBI's FY25 dividend to centre expected to top Rs 2.5 lakh crore

CFO News

Economists believe record high dollar sales by the Reserve Bank of India (RBI) to protect the rupee's exchange rate and interest earned from large scale liquidity operations have boosted the prospects of a bumper payout, which one overseas banking group believes could be as high as Rs 3.5 lakh crore.

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Long-term plans won't be impacted by tariff: IndiGo CEO

CFO News

IndiGo CEO: The airline aims to double in size by the decade's end, viewing market consolidation as beneficial for global competitiveness.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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RBI to infuse 40k cr into banking system

CFO News

The OMO purchases are in line with the central bank's stated policy of infusing liquidity to the tune of 1% of the net demand and time liabilities (NDTL) in the banking system, a debt fund manager said. Currently, the NDTL of the banking system is about Rs 250 lakh crore. So, the expected liquidity infusion would be about Rs 2.5 lakh crore, fund managers said.

Banking 40
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'Do the wealthy underreport their income?' RBI economist's research reveals staggering details

CFO News

A recent research paper reveals a significant inverse relationship between wealth and reported income in India, particularly among wealthier households. The study, based on election filings and tax data, suggests tax avoidance contributes to this disparity.

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BM Finance Fundas: No more international UPI transactions via QR share & pay, says NPCI

CFO News

At present, as per the NPCI website, around seven countries, including France, Mauritius, Nepal, Singapore, Sri Lanka, and the UAE, accept Indias UPI-based Bharat QR payments.

Finance 40
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Proposals to bring relief from toll charge on NHs, e-expressways under finance minister’s consideration

CFO News

The road transport ministry's proposals to ease toll burdens on commuters are now under finance ministry review. These include eliminating user fees on narrower national highways and introducing an annual pass for cars, costing around Rs 3,000, for unlimited travel.

Finance 40
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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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HDFC Bank trims savings account rates to 2.75%

CFO News

HDFC Bank has reduced its savings account interest rates. The reduction is 25 basis points, now at 2.75%. Balances above Rs 50 lakh will earn 3.25%. This move follows an RBI repo rate cut. Other banks are also adjusting deposit strategies. Bank of India has ended its special deposit scheme. These changes reflect shifts in depositor behavior and liquidity.

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Production of Apple iPhones in India surges 60 pc to Rs 1.89 lakh crore in 2024-25

CFO News

Apple India has recorded a 60 per cent jump in iPhone production from its Indian supply chain with a turnover close to Rs 1.89 lakh crore during the financial year ended March 31, 2025, according to industry data.

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Orient Cement profit declines 38.3 pc to Rs 42 cr in Q4

CFO News

Orient Cement Ltd, a CK Birla group firm, reported a 38.3% drop in net profit to 42.07 crore for the March quarter, with revenue down 7.07% to 825.18 crore. For fiscal year 2024-25, profit declined 47.8% to 91.24 crore. The board recommended a 50% final dividend.

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FPIs pull out nearly ₹32k cr from equities in April so far

CFO News

Foreign investors have withdrawn a substantial Rs 31,575 crore from Indian equity markets this month, influenced by global market turbulence stemming from US tariffs. This outflow follows a previous infusion in late March, but overall FPI outflow has reached nearly Rs 1.5 lakh crore in 2025.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.