Sat.Nov 16, 2024

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Scripting India's manufacturing revival: Rationalisation of GST, strengthening of IBC & NCLT on agenda to improve ease of business

CFO News

Government initiatives like the PLI schemes have boosted local manufacturing, leading to significant investments and job creation. However, experts suggest additional measures like GST rationalisation, improved credit access for MSMEs, and a focus on product design to further enhance 'Make in India'.

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat outside, and get ready for our longer-form weekend reads: • How Trump Won, What Happens Next, and How Disconnects Drove Democracy : How Trump Won Through The Lens of Data, Trust, Media, and the Vibecession. ( Kyla’s Newsletter ) see also The reckoning with inflation : Many are tying the Democrat losses in the election to high inflation in recent years.

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RBI: Can't force banks to waive loans of landslide victims

CFO News

The RBI has stated that it cannot direct banks to forgive loans of those impacted by the Wayanad landslides. However, they have suggested alternatives like loan moratoriums or restructuring. This follows the central government's refusal to classify the Wayanad tragedy as a national disaster, despite appeals from Kerala.

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RBI 'coin mela' at Sonepur fair to educate visitors on financial literacy

CFO News

The Reserve Bank of India is organizing a 'coin mela' at the Sonepur Fair on November 19th to exchange old currency and promote financial literacy. The RBI also directed banks to prioritize lending to creditworthy small and medium-sized enterprises (MSMEs) and improve their performance under government-sponsored schemes.

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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JV of green arms of India's NTPC-ONGC is highest bidder for Ayana Renewable at $650 mln, sources say

CFO News

The venture outbid JSW Energy for the renewable energy firm backed by quasi-sovereign wealth fund National Investment and Infrastructure Fund, the people said.