Sun.Apr 06, 2025

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Insurers’ Big Bet On Alternative Investments

Global Finance

Faced with low yields, insurers are deepening ties with private equity and asset managers, turning to alternative investments amid regulatory headwinds. Life insurance companies used to be conservative investors. For decades, they relied on long-term bondssafe, steady, and predictableto match their policy obligations. But as interest rates plunged following the 2008 financial crisis, traditional investment models no longer delivered sufficient returns.

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IndusInd crisis highlights audit policy bumps: Experts

CFO News

The IndusInd Bank forex derivatives crisis highlights the challenges with current audit policies for commercial banks, NBFCs, and small finance banks. Experts note that stringent criteria and joint audits, introduced in April 2021, have increased operational complexity rather than improving audit quality. Despite multiple audit layers, IndusInd's issue went unnoticed for years, emphasizing the evolving challenges for auditors.

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Trending Sources

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Financing The Future: Q&A With Standard Chartered’s Abbas Husain

Global Finance

Abbas Husain, Standard Chartereds global head of Infrastructure and Development Finance, discusses the rapid pace of change and innovation in the field with Global Finance. Global Finance: Standard Chartered is this years Best Investment Bank for Infrastructure Finance. How does this award reflect the firms mission? Abbas Husain: This award reinforces our role as a trusted partner in driving sustainable development and economic progress.

Finance 52
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Ministry of Finance studying global pension funds to manage UPS corpus

CFO News

The finance ministry is formulating rules for investing the pool corpus under the new Unified Pension Scheme, which ensures an assured pension for central government employees. The scheme, effective from April 2025, includes government contributions to both individual funds and a separate pool corpus. Investment decisions for the pool corpus will be handled by the government to ensure long-term viability.

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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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Critical Minerals, Critical Moves: Q&A With BMO Capital Markets’ Ilan Bahar

Global Finance

Ilan Bahar, co-head of BMO Capital Markets Global Metals & Mining Groupwinner of Best Investment Bank in Metals & Miningconsiders whats ahead in this volatile sector. Global Finance: Metals & mining has proven particularly sensitive to geopolitical shifts. How are you guiding your clients through this landscape? Ilan Bahar: In the volatile environment they are experiencing today, it is important that our clients focus on long-term macro fundamentals.

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Sukuk, Sustainability, And Strategic Growth

Global Finance

Abdulaziz N. Almarzooq, CEO of KFH Capitalwinner of Best Investment Bank in Frontier Markets and in Kuwaitshares his outlook on Arab frontier markets and KFHs global sharia-compliant edge. Global Finance: What does the current geopolitical environment portend for frontier markets, particularly in the Arab world? Abdulaziz N. Almarzooq: Frontier markets in the Arab world are expected to experience varied economic prospects in 2025.

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India sees no hit to projected growth from US tariffs, economists remain sceptical

CFO News

India might still achieve its 2025/26 growth projection despite global disruptions from new U.S. tariffs if oil prices remain below $70 per barrel. Economists have lowered growth estimates, citing the impact of the tariffs. Key sectors such as diamonds and textiles could be hit hard. Government officials are assessing the fallout and considering support measures for exporters.

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Boxes & Lines

Barry Ritholtz

Fun conversation with a few of the fun folk over at IEX. If you recognize that name, its because their founder, Brad Katsuyama was the focus of Michael Lewis’ “ Flash Boys.” Brad was also a guest on MiB. Here is the pod description: Rather than presenting a traditional how-to manual, the book emphasizes what investors should not do, covering bad ideas, bad numbers, and bad behaviors.

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India's forex reserves rise to USD 665.4 billion, major jump in nearly five months: RBI

CFO News

According to RBI data, forex reserves have increased cumulatively by USD 20.1 billion over the past three weeks and by about USD 6.6 billion in the latest reporting week. Experts believe the declines in the last few weeks were caused by foreign investors' shaken confidence in Indian equity markets.

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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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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: Traders Fear Global FX Market May Be Less Liquid Than It Appears : Currency heavyweights warn the fragmented, tech-driven modern market could be storing up trouble.( Bloomberg ) The Confessions of Insurance Executives : Champagne for record profits. Being ordered to execute some hostages.

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India's main stock index falls more than 3% at open

CFO News

Indian stocks fell at the open of trading on Monday, with the benchmark Nifty index down more than three percent. The Nifty 50 -- which presents the largest Indian companies on the national stock exchange -- was down 3.55 percent.

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RBI likely to go for 25 bps rate cut

CFO News

Economists unanimously forecast the Reserve Bank of India to cut the policy interest rate by 25 basis points due to easing domestic inflation. However, opinions are divided on the shift to a monetary stance amid global trade uncertainty and volatile market conditions.

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Offshore deals under I-T lens: Tiger Global vs government battle intensifies

CFO News

In recent weeks, over a dozen foreign investors have received notices from India's income tax department for allegedly skipping taxes on substantial transactions from 2018 to 2021. These notices point to deals where stocks in Indian companies were bought indirectly through Mauritius, Singapore, and Luxembourg entities to exploit tax treaty benefits.

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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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Downgrades pepper India Inc's books, all grades not down yet

CFO News

The pressure is unlikely to ease soon. Analysts said the recent US tariff hikes, sluggish global demand, and sector-specific challenges could trigger further downgrades in the coming quarters.

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How RBI is looking to tackle climate-related financial risks

CFO News

The central bank is focusing on capacity building, ecosystem development, and financing the transition to sustainable practices, while ensuring robust risk measurement and management within the financial system.

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Zomato's food delivery COO Rinshul Chandra resigns

CFO News

Eternal Limited, the company formerly known as Zomato, has announced that Rinshul Chandra, the Chief Operating Officer (COO) of its food ordering and delivery business, has resigned.

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India VIX spikes over 59% as global selloff rattles markets

CFO News

India VIX spike: India VIX spiked over 59% as Sensex and Nifty plunged amid a global selloff triggered by U.S.-China trade tensions and recession fears. All 13 sectors ended in the red, with sharp losses in IT and metals. Global markets tumbled, commodities slumped, and the Nasdaq entered a bear market. Analysts flagged uncertainty but noted Indias relatively resilient macro position.

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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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Welspun One secures ₹2,300 crore from NaBFID for logistics park at JNPA

CFO News

Welspun One: This financing marks NaBFID's maiden warehouse-related funding and is the largest warehousing funding in India to date, covering over 55 acres.

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Tata's billion-dollar bet: BigBasket and 1mg set for $1.3 billion cash surge

CFO News

Tata group is preparing to raise $1.3 billion for its digital assets BigBasket and 1mg to compete more effectively in quick commerce. The fundraising will support BigBaskets shift towards quick delivery and 1mg's expanded healthcare services, backed by Tata Digitals aggressive growth plans.

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Asia stocks, oil prices plunge; markets hunger for rapid US rate cuts

CFO News

The carnage came as White House officials showed no sign of backing away from their sweeping tariff plans, and China declared the markets had spoken on their retaliation through levies on U.S. goods.

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Piyush Goyal announces national helpline desk for startups

CFO News

Union Minister Piyush Goyal announced a dedicated Startup India Desk to help entrepreneurs tackle regulatory issues. The multilingual helpline offers policy feedback, complaint redressal, and aligns with a Rs 10,000 crore fund for early-stage, deep-tech startups.

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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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Indians are quitting the safety net of health insurance; GST and high premiums are only part of the problem

CFO News

Rising health insurance premiums and frequent claim rejections have led more Indians to drop their coverage. Despite the introduction of GST and government schemes, escalating costs leave many struggling to afford insurance, prompting calls for regulatory reforms to stabilize healthcare expenses.

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Credit Saison India raises $300 million in bid to expand lending business

CFO News

Credit Saison India, supported by Japan's major institutional investors, has secured $300 million from its first dollar loan to diversify funding sources. The firm aims to expand its branch network and lending segments, focusing on consumer and MSME sectors, particularly in tier-2 and tier-3 towns.

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Glass half full: India could take big gulp of US dairy export market

CFO News

By initiating a tariff war, the US has caused disruptions resulting in India gaining a significant portion of its dairy export market. Numerous countries in India's vicinity are likely to raise import duties on US products in retaliation, positioning India to capitalize on the opportunity to access newer export markets.

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Tata Sons chief N Chandrasekaran to group firms: Embrace AI or risk falling behind

CFO News

Group chief digital officer, Aarthi Subramanian, along with a team from Tata Consultancy Services, presented the significant growth potential that AI could unlock.

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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.