Sat.Feb 15, 2025

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India's inflation to average 4.8 per cent in 2025; decline in Jan opens room for further rate cut: Report

CFO News

According to a report by Centrum Institutional Research, the recent decline in consumer price inflation (CPI) for January could provide the Reserve Bank of India (RBI) with enough room for another 25 basis points (bps) rate cut in the near future.

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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 by the fire, and get ready for our longer-form weekend reads: A Visit to Dog College : From disaster response to disease detection, these canines choose their own career paths. ( Popular Science ) 50 Surprising Facts About Saturday Night Live Saturday Night Live made its television debut on October 11, 1975.

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Hero MotoCorp eyes double-digit revenue growth next fiscal: CFO

CFO News

Hero MotoCorp anticipates double-digit revenue growth in the next fiscal year, driven by investments in new products, segments, and premium showrooms. The company remains optimistic about the two-wheeler industry's growth due to demand continuity, product launches, and favorable tax relief for the middle class.

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Mahindra Lifespace to raise up to Rs 1,500 cr via rights issue to cut debt, aid growth

CFO News

Mahindra Lifespace Developers plans to raise up to Rs 1,500 crore through a rights issue to reduce debt and fund future growth. The board has approved the fund raise, and the proceeds will be used to enhance the company's financial stability and support its ongoing and forthcoming projects.

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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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Food subsidy accounts for over 50% of total Govt subsidy so far in FY25

CFO News

Food subsidy expenditure forms over 50% of India's total subsidy spending in FY 2024-25, with Rs 1.64 lakh crore allocated for April-December 2024, up from the previous year. Fertilizer subsidy spending decreased slightly to Rs 1.36 lakh crore. Non-debt capital receipts declined, and FDI inflows weakened, highlighting revenue collection challenges and increased foreign investor outflows.

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India's forex reserves surge for 3rd straight week

CFO News

India's foreign exchange reserves increased by $7.6 billion to stood at $638 billion as of February 7, according to latest data by the Reserve Bank of India (RBI).

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Income Tax department activates section wise mapping of I-T Act, Tax bill

CFO News

The income tax department has uploaded a new simplified Income Tax Bill, 2025, on its portal, enabling taxpayers to match sections between the old and new legislation. Introducing shorter sentences, tables, and new concepts like 'tax year,' the bill aims for clarity and will take effect from April 1, 2026.

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India’s AI race heats up as entrepreneurs, researchers, and startups vie for IndiaAI mission funding

CFO News

Indias AI race heats up as entrepreneurs, researchers, and startups vie for IndiaAI Mission funding. With Rs 1,500 crore support and subsidised GPUs, innovators like Ayush Gupta, Aaditya Kirti, and Sahil Gulati aim to build sovereign AI models.

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Race to deliver fast intensifies: quick commerce firms burning INR 1,500 crore a month

CFO News

The monthly cash burn for quick commerce players, including new entrants, has surged to INR 1,300-1,500 crore, doubling in just a few months, reflecting intense competition for users. Burn rate measures how quickly a company spends its reserves before generating positive cash flow.

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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.