Sun.Nov 17, 2024

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What is Incremental Budgeting?

The Finance Weekly

Budgeting is a fundamental aspect of financial planning, and one approach that often comes up in discussions is incremental budgeting. It’s important to understand this method and how it might fit into your financial processes. What is Incremental Budgeting? Incremental budgeting is a budgeting approach where the starting point for a new budget is the previous one.

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1051: Building a Greener Future: A CFO’s Journey in Climate Tech | Derek Warnick, CFO, Electric Hydrogen

CFO Thought Leader

From day one of his professional life, Derek Warnick knew his career would be driven by a purpose greater than mere career advancement. As an undergraduate studying finance and international business, he contemplated how his professional life could make a meaningful impact. Upon graduation, he joined the World Bank’s International Finance Corporation, focusing on empowering small businesses in developing countries. “I was excited by the opportunity to help people and have an internat

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Trending Sources

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A Day in the Life: Isha Goel from Mercedes-Benz Research and Development India

Future CFO

Editor’s note: In today’s A Day in the Life , Isha Goel (pictured), Head - Treasury Settlements Asia Pacific, Mercedes-Benz Research and Development India shares with FutureCFO audiences how she made progress in her career when she started out about two decades ago —a period when it was uncommon for a woman to be in finance in India—as well as her typical work day.

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Thursday’s 10-year TIPS auction will benefit from surge in real yields

Tips Watch

By David Enna, Tipswatch.com Reality is beginning to settle in on the U.S. bond market.

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From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter

Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage

This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.

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ICAI moves T’gana high court against YSRC MP Vijaya Sai

CFO News

ICAI through its disciplinary committee is looking into the allegations of the role played by Vijaya Sai as an auditor-member of the institute in extending the service of an auditor to the companies floated by Andhra Pradesh former chief minister YS Jagan Mohan Reddy.

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More Trending

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Indian economy capable of handling global shocks: RBI Governor

CFO News

Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events.

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10+Best Cube FP&A Alternatives for 2025

Lime Light

Cube FP&A is a well-known financial planning and analysis (FP&A) tool that has gained popularity for its ability to streamline financial reporting, budgeting and forecasting processes. It integrates seamlessly with spreadsheets and other financial systems, providing users with a familiar and flexible environment for managing their financial data.

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India clocks 12 pc rise in deal volume in Jan-Oct, China sees 23 pc decline

CFO News

India saw 11.9 per cent increase in deal volume (year-on-year) in the January-October period, bucking the overall trend in the Asia-Pacific region, a new report has said.

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • How the Ivy League Broke America : The meritocracy isn’t working. We need something new. ( The Atlantic ) • The most dangerous roads in America have one thing in common : We can fix our staggering car fatality crisis. Start with these roads. ( Vox ) • Political Comedy, With a Side of Desperation : The comedian-to-campaign-influencer pipeline has muddled the genre. ( The Atlantic ) • She Was a Child Instag

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The 2025 State of Financial Automation

Financial automation isn’t the future—it’s the now. BILL partnered with SMB Group to survey 750 US financial decision-makers and reveal how small and midsize businesses (SMBs) are using trends and insights to tackle challenges and drive growth. The responses are eye-opening! Download our 2025 State of Financial Automation report to uncover: Key automation trends for 2025 and beyond Top concerns and attitudes about automation How AI is driving smarter, faster decisions The challenges of the finan

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Not only China, India & other emerging markets to also feel the pinch of stronger dollar: Mitul Kotecha

CFO News

Mitul Kotecha, Head of Forex & EM Macro Strategy Asia at Barclays, cautions that the surging US dollar and yields are drawing capital away from other regions, including India and China. While China's stimulus measures have fallen short, the US's economic resilience and the prospect of tax cuts are attracting global investments, leaving emerging markets vulnerable to outflows.

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State of the Economy: How macroeconomic indicators performed in October 2024?

CFO News

India saw Industrial production grew by 3.1%, the PMI climbing to 57.5. FPI showed a net outflow of ₹96,358 crore, merchandise exports at 19.08%, GST revenue at Rs 1.87 lakh crore and inflation increased to 6.21% in the month of October.

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CAG played key role in fostering accountability, transparency and good governance: Speaker Om Birla

CFO News

Birla noted that CAG has not only transformed its auditing systems but has also introduced new innovations which have ensured that its work is marked by credibility and authenticity.

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CBDT recovers Rs 35,500 crore in tax dues in H1, aims for Rs 1 lakh crore by year-end

CFO News

CBDT has made significant progress in recovering tax dues, collecting Rs 35,500 crore in the first half of FY 2024-25, with plans to target Rs 1 lakh crore by year-end.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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RBI plans 2025 launch of cloud services, countering dominance of global firms

CFO News

The Reserve Bank of India's planned cloud platform will use local IT firms, pitting it against the likes of Amazon Web Services, Microsoft Azure, Google Cloud and IBM Cloud, in a first-of-its-kind initiative from a major global central bank.

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New tower companies bank on Vodafone Idea, BSNL expansion

CFO News

But they are up against two of the world’s largest tower companies – Indus Towers and Brookfield-backed Data Infrastructure Trust. In addition, they face challenges around erecting new towers in densely populated metros, right of way (RoW) issues and high associated costs, industry insiders said.

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India is a strategic market for Volkswagen: Skoda Exec

CFO News

Volkswagen Group, eyeing India's growth potential, plans to expand its product portfolio with or without a local partner, says Piyush Arora, MD & CEO, Skoda Auto Volkswagen India. Despite exploring collaborations, the group remains committed to the Indian market and aims to achieve over 5% market share by leveraging local manufacturing for both domestic sales and exports to regions like South Asia and Africa.

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Neon for semiconductor manufacturing: A strategic opportunity that India cannot afford to miss

CFO News

The price of neon has gone up nearly nine times since 2022, when the conflict erupted in Ukraine. With neon production impacted in Ukraine, global demand far outstrips supply. Semiconductor manufacturers are trying to find reliable supply of this noble gas to keep their facilities in operation.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Sirius India Airlines looks to raise $100 million for expansion

CFO News

Sirius India Airlines is looking to raise USD 100 million for fleet and service expansion. The company plans to have a fleet of 50 private jets by FY27 and expand to new markets, including the Far East, Southeast Asia, and East Africa.

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94 pc of Indian firms using GenAI in at least 1 function, highest globally: Report

CFO News

Most of the Indian enterprises (94 per cent) are now using generative AI (GenAI) in at least one function, the highest percentage globally across 19 countries surveyed, according to a report on Monday.

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Smartphone PLI revenue rings louder; 19x revenue boost for government in 4 years

CFO News

Ten companies — five global and five local — were selected to receive sops under the smartphone PLI scheme with an overall financial outlay of Rs 40,951 crore, which was later reduced to Rs 38,601 crore.

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Ranveer Singh bags 50% stake in packaged foods company Elite Mindset

CFO News

​​Confirming the development to ET, (Nikunj) Biyani, cofounder, of the venture, said, "We see an opportunity to build a brand in the better-for-you packaged foods space with accessible and affordable protein-based products at the core of the venture.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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X faces hiccups in influencer-led monetisation push in Indian market

CFO News

A Kantar survey report in September pointed out a declining trend of brand spending on X. It stated that 26% of marketers are planning to spend fewer of their ad dollars on X in 2025 – the biggest recorded pullback from any major global ad platform.

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Tata Electronics seals deal for 60% stake in Pegatron Tamil Nadu iPhone plant

CFO News

The people said, with the joint capacities of both the Wistron and the Pegatron facilities, along with the expansion Tata is undertaking at its Hosur facility, the company’s capacity may increase to be at par or almost at par with that of Taiwan’s Foxconn, which currently makes the most number of iPhones in India.

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Dr Reddy's, FDC recall products in US for manufacturing issues

CFO News

Dr Reddy's Laboratories and FDC Ltd issued voluntary recalls for medications in the US market due to manufacturing defects. Dr Reddy's recalled lots of Morphine Sulfate extended-release tablets due to failed impurity specifications, while FDC Ltd recalled Timolol Maleate ophthalmic solution due to defective containers hindering solution dispensing.

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Scripting India's manufacturing revival: GST rationalisation, strengthening of IBC & NCLT on agenda to improve EoDB

CFO News

“Exports are INR 4 lakh crore already, mostly through mobile and through Apple,” Singh said. “So, some sectors have moved much faster, mobiles in particular.

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The AI Race Isn’t Just About Tech Superiority – Its the Supply Chain, Stupid!

The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.

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Municipal corporations need to impose adequate user charges to provide better facilities: RBI report

CFO News

"MCs can significantly enhance them (non-tax revenues) by applying appropriate and adequate fees and user charges for essential services such as water supply, sanitation, and waste management while also ensuring seamless availability of high-quality public services," it said.

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Want to make Air India world class, with an Indian heart, says CEO Campbell Wilson

CFO News

Air India has officially merged with Vistara, aiming to establish a world-class airline. The merger, completed in just over two years, will see Air India adopting Vistara's operational practices and standards to enhance customer experience and achieve operational and financial robustness.

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Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept

CFO News

The Income-Tax Department issued a reminder to taxpayers, warning that failing to disclose foreign assets and income in their tax returns could result in a significant penalty of Rs 10 lakh. This advisory is part of a campaign to ensure compliance with reporting requirements for foreign holdings, even for those with incomes below the taxable limit.