Sat.Jan 04, 2025

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Indians' consumption of pulses, cereals declines by 5 pc as spending pattern shifts: SBI Report

CFO News

Indian households have significantly altered their spending patterns over the past 12 years, shifting focus from food to non-food items, according to an analysis by the State Bank of India (SBI).

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of Colombia Tolima Los Brasiles Peaberry Organic coffee, grab a seat outside, and get ready for our longer-form weekend reads: AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything : Businesses, investors and society brace for a demand shock from artificial intelligence. ( Bloomberg ) Its the Most Indispensable Machine in the Worldand It Depends on This Woman : I got a rare look at the one tool responsible for all the

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Dabur expects low-single digit revenue growth, flattish operating profit in inflation hit Q3

CFO News

Dabur Revenue: "Dabur's consolidated revenue is expected to register low single-digit growth during Q3 FY25," it said.

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Embracing the Intelligent Enterprise: A Summary of Digital Transformation Insights

Navigator SAP

In todays fast-paced, data-driven world, the concept of the Intelligent Enterprise has emerged as a key strategy for organizations aiming to leverage technology and data to achieve business excellence. At its core, the Intelligent Enterprise embodies the principle that the more a system is used, the smarter it becomes. In a recent discussion, experts Russell DeLapp, Ralph Hess, and Peter Kowalke explored this transformative approach, shedding light on the journey from digital transformation to b

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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World food prices dip 2% in 2024: FAO

CFO News

The UN Food and Agriculture Organization's overall Food Price Index averaged 122.0 points - 2.6 points or 2.1 percent lower than the average value in 2023.

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Consumer prices could rise 3-fold in poor nations by 2050, even under ambitious climate policies: Study

CFO News

Even with ambitious climate policies, food prices for consumers in lower-income countries are expected to increase significantly by 2050, making healthy food less affordable. The study by PIK researchers highlights the disparity in how rising food costs due to climate policies impact poorer nations compared to wealthier ones.

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IT companies gear up for Q3 results with tier 1 companies to report modest revenue growth: Report

CFO News

As the quarterly results season begins next week, the Indian IT services sector is preparing for a mixed performance in the third quarter of FY25, a period traditionally considered weak due to seasonal furloughs, according to a report by Centrum

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Employment in Indian manufacturing sector up for 10th month in a row

CFO News

Not only did employment in the Indian manufacturing sector increase for the 10th month in a row during December, but also the rate of job creation quickened to the fastest in four months, according to a new report.

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India smartphone market to cross $50 billion by value in 2025, driven by Apple, Samsung: Counterpoint

CFO News

In the affordable premium category, with a price range between Rs 30,000 to Rs 45,000, brands such as Vivo, Oppo, and OnePlus are attracting consumers by offering advanced camera systems and refined color, material, and finish (CMF) designs, said Counterpoint.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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Zara, H&M and Amazon's headache, Shein, is coming to India

CFO News

Shein is re-entering India via a partnership with Reliance Retail after a four-and-a-half-year ban. Shein aims to compete with Indian fast-fashion brands while ensuring data security through a locally developed e-commerce platform. The initial re-entry involves a backend test launch on Reliance's fashion website, Ajio.com, focusing on casual westernwear and more.

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Philips TVs set to return in India

CFO News

Skyworth from China is partnering with Super Plastronics in India to relaunch Philips televisions in January. Super Plastronics will manufacture the TVs in a new plant in Uttar Pradesh. Skyworth has the license of Philips for televisions in India and some other markets. The exact details of the partnership, which could be a joint venture too, is yet to be firmed up.