Sun.Dec 31, 2023

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2024: Business and Finance Ahead of Us

CFO News

Explore the optimistic financial forecast for India in 2024 by seasoned finance expert Robin Banerjee. From increased loan availability to a rising stock market, Banerjee provides insights into the potential economic landscape. However, he cautions against global risks that could impact India's trajectory.

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2023: A good year for fighting inflation

Tips Watch

For investors seeking safety and inflation protection, volatility brought strong opportunities. By David Enna, Tipswatch.com All things considered (financially speaking, that is) 2023 was a pretty good year. Maybe even very good. The U.S. inflation rate dropped from 6.

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When FMCG giants pushed on with a cartful of troubles

CFO News

Overall sales of apparel and electronic products have been languishing for over a year now, while those of mass-segment electronic products have been low since the pandemic outbreak. According to researcher GfK, there was a slight pick-up in mass segment during Diwali.

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Stress is weathering our bodies from the inside out : Physicians and public health experts have pointed to one culprit time and again when asked why Americans live shorter lives than peers in nations with similar resources, especially people felled by chronic diseases in the prime of life: stress. ( Washington Post ) • Is This How Amazon Ends?

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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In a first, over 10 foreign airlines questioned by DGGI over alleged tax evasion charges

CFO News

The DGGI has questioned executives of at least ten prominent foreign airlines, including British Airways, Etihad, Thai Airways, and Qatar Airways, over allegations of tax evasion involving hundreds of crores of rupees. The DGGI has requested documentation covering all expenses incurred by these airlines for their operations in India, including aircraft leasing, crew and ground staff costs, fuel for the aircraft, and any additional maintenance or repair expenses.

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Top talents at real estate PE funds seek brighter prospects

CFO News

Notable recent departures in this niche specialised segment include Chanakya Chakravarti, who was with CDPQ's Ivanhoe Cambridge; Sharad Mittal, former CEO of Motilal Oswal Real Estate, and Investcorp's Ritesh Vohra, who has now assumed the role of a senior advisor at the firm.

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If today is a startup, 2024 needs to profit

CFO News

Startups need to start scaling up and get into a prosperous glide path despite the dispensation that comes to/stays in town, instead of depending on it. The pivotal question is whether 2024 will mark a shift from Indian businesses perennially being startups to transforming into robust companies and conglomerates.

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How Indian rupee may perform against the US dollar in 2024?

CFO News

Along with the RBI's currency management, robust foreign inflows into the domestic market have also played a pivotal role in providing resilience to the rupee amidst global uncertainties in 2023.

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Predictions for 2024: A $4 trillion economy, creative philanthropy and boost in capital expenditure

CFO News

ET asked a galaxy of experts to make one prediction each for 2024, the early part of which will be dominated by the general elections. But it’s also a year when the Indian economy is set to cross the $4 trillion mark. Not too surprisingly, in our 24 Predictions For 2024, the most dominant theme was the impact of Artificial Intelligence on businesses and lives, but India’s economic potential figured as strongly.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Zomato gets fresh GST notices for Rs 4.2 crore; plans to appeal against demands

CFO News

Zomato said it was issued show-cause notices earlier over these demands and that it had submitted its response. But “authorities in Delhi and Karnataka seem to have issued the above orders dated December 30 and 31, 2023 without giving due consideration to our response submitted earlier”, it said.

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Predictions for 2024: Revival of private capex to be the defining trend, says Kumar Mangalam Birla

CFO News

At its core, private investment is a vote of confidence in the economy. It drives innovation, creates employment, and stimulates economic activity. In 2024, as private investments gain momentum, we will see a ripple effect across various sectors — from manufacturing to technology, from infrastructure to renewables, says Kumar Mangalam Birla.

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Many top financial sector leaders set to complete term in 2024

CFO News

RBI governor Shaktikanta Das is set to complete his six-year term in December 2024.

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