Sun.Oct 06, 2024

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Bhutan: The Happiness Economy

Global Finance

Bhutan is banking on a unique mix of abundant energy, a clean environment, and wellness entrepreneurism to lure foreign investors. A constitutional monarchy of 800,000 people, Bhutan is nestled in a region that’s home to nearly 3 billion. Bordered by China to the north and India to the east, west and south, the Himalayan nation installed a new government in January under Prime Minister Tshering Tobgay, who returned to office after an earlier five-year stint that ended in 2018.

Economics 119
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Sustainability reporting: How CFOs can drive impact

Future CFO

There is a significant opportunity to create positive impacts as boards and leadership teams switch their focus on sustainability, with chief financial officers playing a key role in supporting this ambition. These positive impacts include competitive advantage, differentiation, and increased stakeholder value – by applying the right lens. According to a Deloitte report, with the introduction of mandatory sustainability disclosures, the visibility of sustainability performance is increasing, and

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Trending Sources

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Game Time: Q&A With Clifford Chance’s Neil Barlow

Global Finance

Global Finance: What’s driving the current interest in sports finance? Neil Barlow: The ownership of major sports franchises has often been the preserve of wealthy billionaires. US investors look toward European soccer and say, “There’s this amazing asset that has global appeal across Asia, the Middle East, South America … but how come their valuations don’t match that of an NFL team?

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1,040: Partners in Leadership: How the CFO, CEO, and CIO Shape a Successful Future | Mark Partin, CFO, BlackLine

CFO Thought Leader

Twenty-seven years ago, while in his late twenties, Mark Partin arrived inside the C-suite largely unprepared for the flood of challenges that would quickly breach his desk. Or so Partin tells us as he recounts the circumstances surrounding the first of five CFO appointments that have thus far punctuated his finance leadership career. “I can and do love to suffer,” Partin comments, describing the experience as being “over my head” and demanding him to “level up,” or constantly “reach to the next

CFO 52
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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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Rs 1,000 cr earmarked for venture fund to Indian space startups: Minister

CFO News

The government on Sunday said it has earmarked Rs 1,000 crore for venture fund to space startups, an indication of high priority that the government gives to the space sector.

More Trending

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Sensex trades higher amid positive global cues

CFO News

Indian equity indices opened in the green on Monday following global cues from the US and Asian markets.

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UAE: Global Chip Makers Evaluate Building Plants In The Gulf

Global Finance

Samsung Electronics and Taiwan Semiconductor Manufacturing Company (TSMC) have held talks with United Arab Emirates (UAE) officials that could see the semiconductor behemoths establish plants in the swashbuckling Persian Gulf state reportedly worth more than $100 billion. First reported last month, the development comes amid a determined push by the UAE to establish itself as a global hub for advanced technologies and shrink the emirates’ dependence on hydrocarbon revenues.

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Rs 1,000 cr earmarked for venture fund to Indian space startups: Minister

CFO News

The government on Sunday said it has earmarked Rs 1,000 crore for venture fund to space startups, an indication of high priority that the government gives to the space sector.

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Egypt: United Bank Stake For Sale

Global Finance

Egypt’s government plans to sell a stake in United Bank via an initial public offering (IPO) during the first quarter of 2025. The move comes as Egypt pushes ahead with its privatization program under reforms backed by the International Monetary Fund (IMF). According to a September statement, the Central Bank of Egypt (CBE) sought the necessary approvals, including consent from Egypt’s Financial Regulatory Authority and the Egyptian Stock Exchange.

Sales 115
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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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AIFs, govt in talks over 'carry income' tax

CFO News

The Indian government seeks insights from the private equity and venture capital sector on global tax practices for fund managers' carried interest as it examines the imposition of GST on such earnings. A recent Supreme Court decision helps facilitate ongoing discussions about aligning with international tax norms.

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Searching For A Soft Landing

Global Finance

Inflation is easing and growth is stabilizing, but geopolitical conflicts and fiscal uncertainty still threaten a global soft landing. Global economic growth will continue expanding this year and hold steady next year, with some weakness in the United States and China and some rebounding in the euro area, according to global forecasts. These say that doomsayers will be proved wrong, and recession avoided, with central bankers slowly but steadily restoring more neutral monetary conditions as infl

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Hotels as plants? SC verdict on input tax credit sparks hopes for hospitality, realty CFOs

CFO News

The Supreme Court's ruling on input tax credit for immovable property establishes that buildings intended for rental services may be classified as "plant," crucially hinging on a functionality test. CFOs express optimism, highlighting potential cost reductions.

49
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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Fox News: The Engine of Disinformation That Shaped and Shattered America : From the moment it launched, Fox News wasn’t interested in being a conservative counterweight to the so-called liberal media. It set out to create an alternate universe where facts were malleable, and the truth was whatever kept its audience hooked.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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India and UAE sign new bilateral investment treaty to boost economic cooperation: Finance Ministry

CFO News

India and the UAE have launched a new Bilateral Investment Treaty aimed at enhancing investment protection and fostering stronger economic ties between the two nations.

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Bad Polling is a Behavioral Problem

Barry Ritholtz

One source of annoyance over the past year has been the blind media parroting of national and local polling. These are presented without context, framing, and, most importantly, an acknowledgment of the past track record—just blind repetition of useless “data.” By failing to mention pollsters’ track records, the media presents a wildly distorted view of future election results.

Finance 145
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Mega jobs push off to a solid start: India Inc takes up internship scheme, kick-starts hirings

CFO News

500 companies like ITC, Reliance Retail, and TCS are partnering in the PM internship scheme launched on October 3. The internship targets candidates aged 21-24, offering a monthly stipend of ₹5,000. Roles span sales to farm-focused areas, with an emphasis on hiring women to increase diversity in the workforce.

Sales 45
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Industry upbeat on policy continuity as biz confidence index rises to 2-qtr high: CII

CFO News

India's economic growth has held up well despite global challenges, CII said, asserting that the upcoming festive season portends well for fortifying growth prospects further.

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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India to become next chip manufacturing hub: Ashwini Vaishnaw

CFO News

The Union Minister further said Micron Technology will roll out the first made-in-India chips by early 2025. The construction work of the CG power semiconductor facility is going on. And in Tata's ATMP facility in Assam, construction work is going on very well, he said.

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Thyssenkrupp reviews plans for green steel production

CFO News

THYSSENKRUPP-STEEL/GREEN-PRODUCTION (PIX)Thyssenkrupp reviews plans for green steel production

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RBI's policy review: Status-quo on interest rate likely amid inflation concerns and Middle East crisis, say experts

CFO News

The RBI is expected to keep interest rates unchanged in its upcoming policy review due to ongoing inflation concerns and uncertainties in the Middle East. Experts suggest any easing of rates could happen in December. The reconstituted Monetary Policy Committee will hold its first meeting next week to discuss and decide the course.

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Gensol Engineering names Ankit Jain as CFO

CFO News

CFO: Jain succeeds Jabir Mahendi Aga, who is transitioning into a broader leadership position within the Gensol Group.

CFO 40
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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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With IPO market on fire, I-bankers set to celebrate a cracker of a year

CFO News

With large IPOs from Hyundai, Swiggy, Afcons, Waaree and NTPC Green expected in the second half, the primary market is projected to raise over ₹1.5 lakh crore through IPOs alone this financial year, positioning investment bankers for a boom year.

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Charting the global economy: US labor market powers forward

CFO News

US job growth in September was robust, lowering chances of another big interest rate cut by the Federal Reserve.

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Is India's economy on the brink? Congress slams Modi's economic claims as 'bombastic'

CFO News

Congress claims the Indian economy faces major challenges. It points to low private sector investment, stagnating manufacturing, and a decline in real wages and productivity. High tariffs and Chinese imports hurt manufacturing. Low wages and productivity hit consumer demand, affecting investment. These could harm long-term economic growth if unaddressed.

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Financial stability could weigh more than macro signals

CFO News

The Reserve Bank of India faces a triple challenge: geopolitical uncertainty in the Middle East, inflation driven by fluctuating farm output, and softening economic growth. As the Monetary Policy Committee convenes, the focus is on liquidity and deposit crunches rather than merely interest rates.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.