Sethurathnam Ravi, former Chairman, Bombay Stock Exchange, points out that there is a method to transition, with many factors determining the way forward for a smooth transition. These challenges include family structure, the skill sets of family members, aspirations of all concerned, ceding of control, family wealth, the nature of the business, and relationships among family members.

New Delhi [India], July 13: This year’s budget will set the tone for the NDA 3.0 government. Sethurathnam Ravi expects this budget to be similar to the previous budget. The focus will be on growing and boosting infrastructure and capex. Job creation would be a key factor in all policies. Capex in the manufacturing sector through private-public partnerships will also be pushed by the Government. incentives for clean and green energy, 

As we celebrate the 78th Independence Day of India, we find ourselves at a pivotal juncture in our nation's economic journey. India’s dream of becoming a $10 trillion economy is not just an ambitious goal but a significant milestone on the global stage. Achieving this vision requires more than just robust policies; it demands stability, discipline and the unwavering commitment of those who safeguard our financial systems – our chartered accountants (CAs), international consultancies, particularly the Big Four firms and local leaders.