Seattle Daily Star

Many Indians experience rising prices without immediately connecting them to global events. Fuel becomes more expensive, grocery bills increase, and transportation costs rise. According to Sethurathnam Ravi , these changes often result from a phenomenon known as imported inflation , where international geopolitical developments influence domestic prices. India's economy is deeply connected to global trade. As a major importer of crude oil and essential commodities, disruptions across the world can quickly affect everyday expenses for Indian households. Sethurathnam Ravi explaining how global conflicts contribute to imported inflation and rising fuel and food prices in India. Understanding Imported Inflation Imported inflation occurs when rising costs in international markets increase the price of goods and services within a country. Unlike inflation caused by higher domestic demand, imported inflation originates outside national borders. Sethurathnam Ravi notes that geopolitica...

The role of CFOs is changing dramatically, with changes in regulatory environment, technology advancement, and the changing business environment. Sethurathnam Ravi , Founder of Ravi Rajan and Co. LLP, Chairman of TFCIL, and Former Chairman of BSE, explained the challenges in his speech at the BW CFO World Future of Finance Summit and Awards 2024. Sethurathnam Ravi BSE The Changing Nature of the CFO Role  S Ravi BSE  stressed how changing accounting standards, rules, and regulations in compliance to these norms of disclosure, are the main factors creating pressures against which CFOs are now moving forward. Complexity has evolved through IT infrastructure and increasingly with the threats of cyber-related malpractices. Regulatory Overhaul Necessity With the increase in corporate fraud and mismanagement, Ravi emphasized the need for regulatory reforms to protect shareholders and public investments. He explained that the changed business models and governance failures have increa...