XIM Bhubaneswar conducted the Budget Conclave, the eighth annual budget analysis session, hosted by X-FIN – The Finance Association of XIM, in collaboration with the World Trade Centre, Bhubaneswar.
The event was hosted on 4th February, 2023 and was graced with the presence of CA A.K. Sabat, Partner, A.K. Sabat & Co., CA Rajib Sekhar Sahoo, Principal Partner, SRB & Associates, Mr.
Ashok Kumar Sharda, Honorary Secretary, Utkal Chamber of Commerce & Industry Ltd., and Mr. Braja Kishore Dash, General Manager, NALCO, who shared their valuable insights with the audience.
The session commenced with the speakers lighting the lamp, followed by an introduction by Ms. Nimeshika Natarajan, Assistant Director, World Trade Center, Bhubaneswar. The moderator for the session, our very own esteemed faculty, Prof. S.K. Padhi, Professor, A&F Area, XIMB, stated some facts on the history of the Indian Budget.
The first speaker of the day, CA Rajib Sekhar Sahoo, Principal Partner, SRB & Associates, shared his insights on the budget. He talked about the challenges in this budget and raised his concern about the growing share of borrowings on GDP.
The day’s second speaker was Mr. Ashok Kumar Sharda, Honorary Secretary, Utkal Chamber of Commerce & Industry Ltd. He emphasized on the green and environmental side of the budget.
Further, according to him, the budget is progressive and forward-looking.
Tags: budget conclave ximbYou might like reading:
Tackling the challenge !
It has been a significant period since you have been operating profitably and leading the show. However there is a new kid on the block. He quickly redefines business strategies with his innovative thinking and has begun to get a slice of the existing market. You realize you must act fast. What should you do? Often companies are seen […]
Decoding the discount rate
Dividend Discount Model (DDM) is one of the most widely used valuation models. It can actually be considered as a derivation of the same principles that we use for determining the time value of money. The center piece of the model is based on assuming a discount rate which is then used to calculate the present value. Yet there are […]
