GROWTH OUTLOOK
Optimism, Made in India
Indian CEOs are more confident about the growth prospects of their business than their global peers, says PwC’s 18th Annual Global CEO Survey (India report). According to the report, 62 per cent of CEOs are very confident of their growth prospects in the short-term (12 months) compared to 49 per cent last year. Nearly 84 per cent of CEOs in India saw more opportunities while only 41 per cent saw increased threats to their business as against the numbers three years ago.
FINANCE
The cost of college
The biggest risk in the credit market is student loan, Bloomberg reported Bill Ackman, head of Pershing Square Capital Management as saying; “If you think about the trillion dollars of student loans we have outstanding, there’s no way students are going to pay it back. Young people are the kind of people that protest.” A student-lending trends reports from November 2014 says about $100 billion of federal student loans are in default and 9 per cent of outstanding balances.
SUSTAINABILITY
Sustainability-related risks rise
Sustainability-related risks threaten to damage corporate and brand reputation, increase legal liabilities, reduce license to operate, and reshape the competitive landscape, a study by the Corporate Eco Forum and World Environment Center, titled, “Sustainability and the CFO: Challenges, Opportunities, and Next Practices,” says. Sustainability-related business challenges that CFOs need to pay attention to include an uptick in the pace of sustainability-related regulations; growing constraints on key operational inputs; increasing shareholder activism; and so on.
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