CFOs from India Inc reflect on 2024 as a year of resilience and growth, marked by record FDI inflows, technological advancements, and sustainability efforts. However, challenges such as geopolitical volatility, inflation, supply chain disruptions, and regulatory shifts tested their strategic…
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Senior IAS officer Arunish Chawla, of the Bihar cadre’s 1992 batch, is appointed revenue secretary, filling the vacancy created by Sanjay Malhotra’s new role as RBI governor. Several other bureaucratic appointments were made, including Vineet Joshi as higher education secretary…
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In 2024, India mourned the loss of several renowned personalities including corporate leader Ratan Tata, banker Narayanan Vaghul, media tycoon Ramoji Rao, economist Bibek Debroy, historian Amiya Kumar Bagchi and entrepreneur Shashi Ruia, all of whom made significant contributions to…
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The number of unincorporated enterprises in India increased by 12.7% year-on-year to 73.4 million between October 2023 and September 2024, with women ownership of businesses rising. These enterprises created 10% more jobs, generating a gross value added of ₹18 lakh…
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Average annual employee compensation at unincorporated enterprises in India rose 13% to ₹1.4 lakh per head for the period October 2023-September 2024. Compensation growth varied across sectors, with manufacturing seeing the highest increase at 16.1%, followed by trade at 14%,…
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India Inc observed a decline in the turnover of top executives in 2024, with 117 managing directors or chief executive officers exiting positions across 2,528 NSE-listed companies. This downtrend reflects the broader industry slowdown and moderated post-pandemic boom, with a…
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