Strategic vision

By Ankur Agarwal Et Al Companies value the hard data and empirical mindset that a finance chief can lend to strategic planning, especially around forecasting trends, building strategic capabilities or managing government and regulatory relationships. Yet, as CFOs map out what can be a wide range of strategic responsibilities, they may encounter challenges and turf…

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It is not just Bihar; the sluggish economy must be addressed

From Monday, November 9, when the markets opened after absorbing the result of the Bihar assembly election, the 30-share benchmark Sensex has sunk over 500 points. The magnitude of the BJP-led NDA’s defeat and the emphatic three-fourths majority secured by the Lalu Prasad-Nitish Kumar-Congress alliance has been interpreted, rightly, as a referendum on Prime Minister…

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Before we invest, we must know what’s suitability

By Uma Shashikant The traditional argument in the market for financial products is to ask the investor to use the information that is disclosed and make a correct and cautious decision. This places on the producer the onus of disclosing correct and relevant information as prescribed by the regulator. The problem with this approach is…

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Address Congress concerns, pass GST Bill

Who, from a point of view of party politics, stands to gain the most if the economy performs well and investment and growth pick up? The ruling party, naturally. Correspondingly, the Opposition stands to gain, if the economy falters under the ruling dispensation. Enacting a bankruptcy code and amending the Constitution to replace most indirect…

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Address Congress concerns, pass GST Bill

Who, from a point of view of party politics, stands to gain the most if the economy performs well and investment and growth pick up? The ruling party, naturally. Correspondingly, the Opposition stands to gain, if the economy falters under the ruling dispensation. Enacting a bankruptcy code and amending the Constitution to replace most indirect…

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Good to celebrate unicorns, show me the money

By Neeraj Bhargava  The incessant focus and cheerleading on unicorns (private companies valued over $1 billion) is both foolish and irritating. When entrepreneurs and investors typically start their journeys, the objectives are quite simple — build great products that address a big need, create a sustainable business and make a lot of money. But time…

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EET: The rational way to tax savings

The government should move to a rational way to tax savings in the coming Budget to encourage Indians to save intelligently. Reform is warranted to break away from the piecemeal approach to tax treatment of savings now in vogue. The Public Provident Fund is tax exempt at all three stages of contribution, accumulation and withdrawal,…

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Global financial crisis III: We told ya

This kind of situation, if one may be snarky, is just too I told-you-so for us post-apocalyptic financial commentators. Boo-hoo the stock markets are in turmoil and venerable media outlets are talking of Global Financial Crisis III, like they’d talk about World War III. (The first was the 2008 Lehman crash, the second was the…

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