Sat.Jan 11, 2025

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India's economy expected to be 'little weaker' in 2025, says IMF chief

CFO News

Kristalina Georgieva, IMF managing director, predicts India's economy will be slightly weaker in 2025 due to global uncertainties, including US trade policies. While the US performs better, the EU stalls, and China faces deflationary pressures, India's GDP growth in 2024-25 is expected to slow to 6.4% amid manufacturing moderation, sluggish investment, and geopolitical tensions.

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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: Learn smart lessons from the L.A. fires, not stupid lessons : Ignore the political propaganda. We live in a world with more fires now, and we need to prepare for it. Ignore the political propaganda.

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Perplexity AI looks to expand in India, seeks new talent for strategic growth

CFO News

Perplexity AI, led by IIT Madras graduate Aravind Srinivas, is seeking to expand in India. The company recently secured $500 million in funding. The role involves travel and meeting with strategic partners in a fast-paced startup environment. Srinivas, previously at OpenAI, stands at the center of the debate on skilled immigrants' contributions to the US.

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With lower hikes, MNCs in India to start 2025 on cautious note

CFO News

Multinational companies in India are planning flat to slightly lower salary hikes for 2025 due to global economic uncertainties. GCCs are offering the highest, though marginally lower increments than last year. Most salary projections across sectors, including technology, financial services, and manufacturing, show slight declines or remain steady compared to FY24.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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Small small but premium: FMCG bets on ‘access packs’ to boost demand

CFO News

Companies like Hindustan Unilever, Britannia, ITC, and Colgate Palmolive are introducing smaller, lower-priced packs of premium products to boost demand in urban markets. This strategy aims to attract price-sensitive consumers and increase accessibility amid weak urban demand. Smaller packs are helping drive trial, push impulse purchases, and prevent customers from switching to lower-priced local brands.