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 2026A 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 2025Deloitte 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 2025Deloitte 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 2025Deloitte 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 2025Consulting 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 2025Dabur 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 2025Deloitte 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 2025NFRA 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 2024India 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.
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