Wed.Nov 13, 2024

article thumbnail

U.S. annual inflation ticks up to 2.6%, but matches expectations

Tips Watch

By David Enna, Tipswatch.com It’s good news when a monthly U.S. inflation report matches expectations. And October delivered, even though annual all-items inflation ticked higher and core remained too strong for comfort. The U.S.

article thumbnail

Inflation edges up, highlighting Fed’s bumpy path to stable prices

CFO Dive

Traders in interest rate futures bet that the Fed will take the inflation news in stride, raising the odds that it will trim borrowing costs by a quarter point next month.

283
283
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

At The Money Celebrates its First Anniversary

Barry Ritholtz

Hard to believe a year ghas blown by that quickly, but it’s been that long (or short) since the first At the Money podcast dropped in 2023. With Masters in Business in its 10th year, the nice folks at Bloomberg asked if I had any ideas about any new shows. My initial response was, “Let me think about it.” I looked around to see what else was available and noticed a void.

article thumbnail

Jack in the Box brings back ex-CFO for second stint

CFO Dive

Lance Tucker will receive a $200,000 cash bonus upon taking Jack in the Box’s CFO seat for the second time.

CFO 246
article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

article thumbnail

BMO Survey: U.S. Latinos plan to spend more on the holidays this year

Bank of the West

“For many Latinos, the holidays are a cherished time that brings together culture, family, and faith. Whether gathering in multigenerational homes or celebrating with traditional posadas, it’s a season marked… Read more The post BMO Survey: U.S. Latinos plan to spend more on the holidays this year appeared first on About BMO.

More Trending

article thumbnail

1050: Harnessing the Power of Three: Dynatrace’s Layered AI Strategy | Jim Benson, CFO, Dynatrace

CFO Thought Leader

One of the key lessons that helped advance Jim Benson down the CFO path was one in clarity and focus during his tenure as FP&A leader for the customer service division of Compaq, freshly acquired by Hewlett-Packard. Eager to influence how the division’s performance was presented, Benson dedicated himself to crafting detailed reports and narratives.

CFO 52
article thumbnail

Celebrating global leadership in the 2SLGBTQ+ community 

Bank of the West

BMO’s John McNain, COO, North American Personal and Business Banking is being recognized for the third year in a row on INvolve’s global 2024 Outstanding Executive Role Model List, which… Read more The post Celebrating global leadership in the 2SLGBTQ+ community appeared first on About BMO.

article thumbnail

2050: Harnessing the Power of Three: Dynatrace’s Layered AI Strategy | Jim Benson, CFO, Dynatrace

CFO Thought Leader

One of the key lessons that helped advance Jim Benson down the CFO path was one in clarity and focus during his tenure as FP&A leader for the customer service division of Compaq, freshly acquired by Hewlett-Packard. Eager to influence how the division’s performance was presented, Benson dedicated himself to crafting detailed reports and narratives.

CFO 52
article thumbnail

Achieving the Right Balance of Risk and Return in Corporate Investments 

CFO Talks

Achieving the Right Balance of Risk and Return in Corporate Investments When handling corporate investments, CFOs often face the balancing act between risk and return. Striking this balance is key to ensuring a company’s growth while protecting it from financial shocks. Here’s a practical look at some key strategies to help you maximise returns while managing risk effectively.

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

article thumbnail

Indian economy 'sailing smoothly' amid global challenges, says RBI Governor Shaktikanta Das

CFO News

RBI Governor Shaktikanta Das expressed confidence in India's economic stability amidst global uncertainties. He highlighted the country's strong external sector, robust buffers, and the RBI's proactive measures in navigating challenges like inflation and geopolitical tensions. Das emphasized the central bank's commitment to balancing growth and stability while addressing emerging risks.

article thumbnail

2024 Election: Evaluating The Impact Of A (Likely) Republican Trifecta On The TCJA Sunset And Tax Planning

Nerd's Eye View

With Republicans appearing to have secured a sweep of the White House and both chambers of Congress, the most immediate question for many financial advisors and their clients is what impact the election results will have on the scheduled expiration of the Tax Cuts & Jobs Act (TCJA) at the end of 2025. At a high level, the Republican trifecta would appear to set the stage for much of TCJA to be extended beyond the original 2025 sunset date.

article thumbnail

RBI should definitely cut interest rates, says Commerce Minister Piyush Goyal

CFO News

Commerce Minister Piyush Goyal called for the Reserve Bank of India (RBI) to cut interest rates, arguing that food inflation should not be the sole factor in such decisions. He expressed his personal view, noting that inflation is expected to decline by December. Goyal also urged investors to take a long-term perspective, following recent Foreign Institutional Investor (FII) selling trends.

Banking 45
article thumbnail

India's capex recovery expected in H2 FY25 as govt and corporate investments show growth potential

CFO News

The slowdown in early fiscal spending was largely due to restrictions during the general elections, which led to a 35% YoY dip in central capex to Rs 1.8 trillion and a 21% decline in state capex to Rs 0.8 trillion in Q1.

article thumbnail

Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

article thumbnail

UK businesses drive growth and sustainability in India, generating over Rs 5,000 bn in revenue: Report

CFO News

UK businesses are making a big impact in India, generating over Rs 5 trillion in revenue and employing over half a million people. The India-UK Free Trade Agreement is expected to further boost this growth, particularly in sectors like renewable energy and technology. British investments are supporting India's economic development and sustainability goals.

article thumbnail

India and South Africa Join Forces to Establish Chamber of Commerce, Strengthening Bilateral Economic Ties

CFO News

In 2024, India and South Africa celebrate the 30th anniversary of their diplomatic relations, marking three decades of deep-rooted historical ties and cooperation. In support of the strong bilateral relations between South Africa and India, the private sector of both countries has collaborated in launching the India-South Africa Chamber of Commerce (ISACC) as an important and strategic platform in deepening and diversifying economic relations between the two countries.

article thumbnail

NBCC appoints Anjeev Kumar Jain as CFO

CFO News

Anjeev Kumar Jain previously held the position of Director (Finance) of NBCC. This follows the departure of Saleem Ahmad, who has stepped down from the CFO role on the same date.

CFO 40
article thumbnail

India's smartphone market to exit 2024 with single-digit annual growth

CFO News

India's smartphone market is expected to exit 2024 with a low single-digit annual growth, as Apple posted its largest-ever quarterly shipment in India with 4 million units in the third quarter (Q3), according to a new report.

article thumbnail

Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

article thumbnail

Wholesale Inflation rises to 2.36% in October on soaring food prices

CFO News

Following the Retail Inflation, India’s Wholesale Price Inflation increased to 2.36% in October from 1.84% in September. The Food Price Index saw no easing and rose to 201.2, showing an increase of 11.59%.

Retail 40
article thumbnail

GSTN rolls out Invoice Management System to address excess ITC claims issue; experts seek clarity on legal validity, integration

CFO News

The GSTN advisory on the Invoice Management System (IMS) outlines how recipients can manage invoices in real-time, enhancing ITC accuracy and fostering transparency between suppliers and recipients.

article thumbnail

Apple overtakes Samsung in Q3, clocks record shipments in India: IDC

CFO News

The iPhone 15 and iPhone 13 models were the most popular, according to IDC. Record shipments led to Apple cornering majority share in the smartphone market in value terms, widening the gap with Samsung. Apple's revenue share in the market stood at 27.2% while Samsung's share stood at 15.2%.

article thumbnail

New GSTN feature to correct mistakes in GST invoice matching process for claiming input tax credit; Know how it works

CFO News

Input tax credit: The goods and services tax network (GSTN) has introduced a solution to help GST registered taxpayers into claiming the correct amount of input tax credit despite human error by the supplier in the invoice. GSTN said that the Invoice Management System (IMS) is still new so GST registered recipients may take some time getting used to this system.

article thumbnail

Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

article thumbnail

Bharti Airtel faces Rs 10.65 Crore penalty under GST for 2017-18 tax liability

CFO News

The Company is likely to challenge the order. "There is no material impact on financial, operation or other activities of the Company," Bharti Airtel said in an exchange filing.

40
article thumbnail

Sebi proposes accountability for AI use by market infra institutions, intermediaries

CFO News

This is proposed with the aim of ensuring data privacy, security, and integrity, especially with sensitive investor information. In its consultation paper, Sebi said that the market infra institutions should also be accountable for any actions taken based on AI outputs.

article thumbnail

Holdco to house Tata Motors' demerged CV, PV businesses

CFO News

Tata Sons is restructuring Tata Motors by creating a holding company for its passenger and commercial vehicle businesses, which will be demerged into separate entities. This move aims to unlock value and enable independent capital raising for each business, with a potential listing of the electric passenger vehicle arm in the future.

article thumbnail

Volkswagen, Hyundai, and Toyota await India's new EV policy guidelines, likely to apply

CFO News

Volkswagen, Hyundai, and Toyota may soon apply for India's new electric vehicle policy. The policy allows for importing high-end EVs at lower tariffs. Companies must invest in domestic manufacturing to qualify. The government will announce final guidelines in the coming months. The policy aims to boost EV adoption and manufacturing in India.

article thumbnail

Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.