The corporate affairs ministry has directed cost auditors to focus on potential risk areas, assess cost inefficiencies’ impact on financial health, and utilize AI to identify unnoticed patterns or anomalies. Cost records are essential for tax calculations, funding for government…
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As we step into 2025, seasoned finance expert Robin Banerjee provides a clear-eyed assessment of India’s economic prospects. In this insightful piece, he navigates key trends and challenges, offering a balanced outlook on business, growth, and global influences.
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India has set up a vision to achieve electronics production of $500 billion and 40% export by 2029-2030. A slew of policy measures has been initiated both in terms of fiscal and non-fiscal incentives and technology development.
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The India Cellular and Electronics Association (ICEA) is advocating for the reduction of duties on parts and components and a simplified tariff structure to enhance India’s competitiveness. ICEA suggests eliminating the 2.5% duty on specific parts and inputs and restructuring…
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Heading into 2025, the fintech sector is expected to emphasise B2B infrastructure solutions, AI-driven compliance automation, and secured credit products. Despite a slowdown in consumer lending, venture investors are eyeing business lending and digital public infrastructure innovations, with AI increasing…
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Credila Financial Services and Avanse are set to launch IPOs, aiming to raise Rs 5,000 crore and Rs 3,500 crore respectively. Both companies are pioneers in the education loan sector, managing over Rs 60,000 crore in loans, addressing the increasing…
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