AI is Revolutionizing Business Operations, and Finance Is No Exception

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The CFO roundtable, “Hopping on the AI Express,” organized by ETCFO and Oracle NetSuite, featured industry leaders discussing AI’s transformative impact on finance efficiency, decision-making, and risk management for growing businesses.

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Sovereign Gold Bonds: Understanding income tax exemption on early redemption of SGBs
Sovereign Gold Bonds offer tax-exempt early redemption after five years. Gains from such redemption aren't treated as income, eliminating the need for declaration in ITR2. Optionally, profits can be reported under Exempt Income for thoroughness
Big fat Indian weddings: 6 tips for managing post-wedding debt in India
Effective debt management becomes crucial as India approaches a wedding season with 3.5 million events
ICICI Bank reduces credit card benefits starting November 15. Details here
ICICI Bank is cutting credit card benefits, including no reward points for government-related spending and caps on grocery and utility transactions. New fees on education and fuel payments are implemented, with changes effective from November 15.
Alia Bhatt’s Jigra: Uncovering essential money lessons amidst family drama
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Is it advisable to get a personal loan to consolidate multiple debts? Check pros and cons
Personal loan: Instead of managing numerous loans with different due dates, a borrower can focus on only one payment. This can make it easier to stay on track and avoid missing payments.
Personal loan: Is it a good idea to splurge on experiences with borrowed money? Keep these golden rules in mind
Personal loan: If you intend to splurge on experiences such as leisure travel, you must try to ensure that the cost is within your budget. If not, you can save the money over a period of time. Raising a personal loan should be your last resort.
Star Health data leak: What recourse do policyholders have?
On 25 September, a cyber attacker using the alias ‘xenZen’ leaked a massive database through automated chatbots on Telegram. About 7.24 terabytes of data affecting 31 million customers has been compromised.
Long-term vs. short-term personal loans: Which option suits you best?
Personal loan: Short-term personal loans, lasting 10-12 months, offer lower interest rates but higher EMIs, ideal for high-income borrowers. Long-term loans extend to 5 years, providing manageable payments for low-income individuals but incur higher total interest.
Credit Card Debt: How outstanding balances can put you at financial risk
Credit cards can facilitate purchases but may lead to a debt trap through impulsive spending and high-interest charges. To avoid financial distress, it's vital to manage usage wisely and implement strategies like budgeting and timely payments.
5 key factors that determine personal loan interest rates
Personal loan: Understanding personal loan interest rates is crucial for financial decisions. Factors such as credit score, employment type, and lender relationship can affect rates. Consulting a financial advisor and maintaining a good repayment history can help secure favourable loan terms.

AI is Revolutionizing Business Operations, and Finance Is No Exception

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