Deloitte India

Companies

Ficci flags audit rule change proposal in Companies Act, warns of higher costs, reduced expertise

Ficci has urged the government to drop a proposed three-year ban preventing audit firms from offering non-audit services to former clients. It said the move would raise costs, limit expertise for large companies and force reliance on smaller audit firms.

4 min read25 Apr 2026
Opinion

The Deloitte AI debacle in Australia shows what can go wrong if AI is adopted blindly

A Deloitte report for the Australian government was riddled with AI hallucinations that went unchecked. Beyond the public embarrassment, it’s a sign of how easily the promise of Generative AI can turn into peril. Can AI be allowed to run amok?

3 min read21 Oct 2025
Companies

Deloitte to repay Australian government after $440,000 report produced using AI was found with multiple errors

Deloitte will refund part of a $440,000 fee to the Australian government after using generative AI in producing a report that contained multiple errors. However, Deloitte claimed that AI didn't change the report's substance.

2 min read7 Oct 2025
Companies

Deloitte's new health mandate for senior leaders: Get checked or pay up

Deloitte surprises its top leaders with a new health penalty: Partners and executive directors must pay up to ₹1 lakh if they skip their mandatory annual health check-ups. This move highlights a growing trend among Indian companies to prioritize employee well-being and health metrics.

2 min read1 Sep 2025
Economy

Deloitte revises India’s FY26 growth forecast citing trade tensions

Deloitte now expects the Indian economy to grow between 6.4% and 6.7% in FY26, down from its earlier projection of 6.5% to 6.7%.

2 min read5 Aug 2025
Companies

Big Four feel the heat as promotions drop, clients tighten purse strings

Consulting firms KPMG, EY, PwC, and Deloitte are adjusting promotions and salary increases in response to a global economic slowdown. Deloitte saw an 8% drop in promotions, while EY reported a decrease in partner promotions, indicating a cautious approach to hiring and compensation.

3 min read3 Jun 2025
Companies

FMCG firms have been hunting for deals. Their appetite is only growing bigger

Dabur India, Marico and Emami will continue to scout for M&As that help them enter new categories such as premium personal care and wellness, build a digital-first portfolio, and expand reach in the traditional market

5 min read17 May 2025
Economy

India to continue capex focus to drive economic growth amid global caution, says Deloitte’s Rumki Majumdar

Deloitte India's Rumki Majumdar said that she believes capital expenditure will remain a key focus for the Indian government as there is still significant ground to cover in reducing logistics costs and advancing infrastructure development.

2 min read28 Apr 2025
Companies

NFRA penalises Deloitte for alleged lapses in ZEEL audit, debars two partners

NFRA has alleged in its order that despite the materiality of the transaction, which required rigorous examination, Deloitte issued unmodified audit opinions for both financial years.

3 min read24 Dec 2024
Economy

India expected to mark 7% growth amid headwinds this fiscal: Deloitte Asia CEO

India is expected to clock a 7 per cent growth in financial 2024-25 despite the headwinds as the country continues to hold the bright spot in a gloomy global outlook, reported the news agency PTI quoting Romal Shetty, Deloitte South Asia Chief Executive Officer (CEO) on Sunday.

2 min read22 Sep 2024