Discover what discretionary cash flow is, its uses in business valuation, and how it reflects a company’s financial health through wise management and investment.

Consumer discretionary is a term for goods and services that are non-essential products. For example, rice and wheat would be considered essential items. Meanwhile, cars and streaming services are non ...

Discretionary income is a widely used but imprecise definition of that portion of personal income not spent on actual or perceived necessities. Thus discretionary income also includes savings. Perhaps ...

The draft rules to the Companies Act, 2013, have trimmed the list of relatives whose actions one is liable for, but India Inc is not amused with the new discretionary definition of relatives, either.