Deloitte

Another Deloitte report accused of AI-made citations, this time in Canada

Fresh allegations of AI-made citations in a Canadian report deepen questions over Deloitte's evidence checks, weeks after similar issues surfaced in Australia

Consulting lessons from Deloitte’s cross-border advisory expert

In this Manager’s Mantra episode Seiji Ota, Partner, Deloitte, talks about M&As, tackling different management styles of companies forming a joint venture, opportunities and challenges in consulting

India's economy expected to grow at 6.7-6.9% in FY26 amid reforms: Deloitte

Deloitte India on Thursday projected India's economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew 7.8 per cent in the April-June quarter of current fiscal. Deloitte India's 'India Economic Outlook' report forecasts a GDP growth between 6.7 and 6.9 per cent, averaging 6.8 per cent this fiscal year, up by 0.3 percentage points from Deloitte's previous forecast. This performance signals not just resilience but a renewed sense of India emerging stronger than most nations. Similar growth rates are expected in the subsequent year, but the range of variation remains broader due to uncertainties associated with trade and investment. The GDP growth forecast is in lines with the RBI which projected FY26 economic growth at 6.8 per cent. Growth is likely to be supported by buoyant domestic demand, accommodative monetary policy, and structural reforms, such as GST 2.0. Low inflation will contribute to spending as purchasing power ..

AI promises productivity, but it seems to be delivering mostly 'workslop'

News that Deloitte Australia will partially refund the government for a report sprinkled with apparent AI-generated errors has caused a local furor and spurred international headlines

Deloitte's AI fiasco: Why chatbots hallucinate and who else got caught

As Deloitte returns part of its fee for a flawed AI-assisted government report in Australia, the case spotlights how generative AI fabricates facts and how it's not the first time this has happened

Skipping annual health exams may cost Deloitte senior leaders up to ₹1 lakh

Deloitte has introduced a tough health mandate for senior executives and partners who must undergo annual health check-ups or face penalties up to ₹1 lakh

Indian retail sector to reach $1.93 trn by 2030: Deloitte-FICCI report

According to the report, the quick commerce segment is projected to reach $35 billion in Gross Merchandise Value (GMV) by 2030

Deloitte projects India's FY26 growth at 6.4-6.7%, flags global risks

Deloitte India on Tuesday projected India's economic growth at 6.4-6.7 per cent in the current fiscal citing robust domestic fundamentals and expanding global opportunities. It, however, said that India must monitor its trade exposure and be prepared for the outcomes of geopolitical uncertainties Strategic trade negotiations, notably with the UK in May and the ongoing talks with the US, and the highly anticipated deal with the European Union by the end of the year, will likely act as powerful multipliers of income, jobs, market access, and domestic demand. India's economic growth was at 6.5 per cent in 2024-25. Deloitte projects 6.4-6.7 per cent growth for FY 202526, driven by resilient domestic demand, easing inflation, and a bold push in domestic policy and global trade diplomacy, it said in a statement. "India's economic trajectory stands out in a turbulent global landscape. Our momentum is driven by a virtuous trifecta, resilient capital markets, a dynamic consumer base and a

Critical thinking vital as society adapts to AI: Deloitte South Asia CEO

Artificial Intelligence, the disruptive tech force reshaping industries and daily life, will create far more opportunities than it eliminates, Deloitte South Asia CEO Romal Shetty said emphasising that critical thinking and ethical oversight must stay central as society adapts to this new era. Weighing in on the ongoing debate over whether or not AI may cause a lowering of human cognitive abilities overtime, Shetty told PTI in an interview that developing independent and critical thinking is crucial when it comes to young minds. That said, at more advanced stages, AI can serve as an extremely helpful and a must-have tool, aiding, not replacing, human ingenuity. His comments assume significance against the backdrop of a new study from researchers at MIT's Media Lab on impact of GenAI on critical thinking abilities. It revealed that although AI tools can improve efficiency, in the study those who relied excessively on GenAI, overtime remembered less. To a question on impact of AI on .

Filing your income tax return? Here are some major mistakes to avoid

Filing errors can result in tax notices, interest and penalty charges, not to mention delays in getting your refund

India's auto firms to give double-digit salary hikes in FY26: Deloitte

Driven by demand for EV, AI and automation roles, the automotive industry is set to give the highest salary hikes in FY26, outpacing most other Indian sectors

ASICS to boost India sportswear production to 40% amid import restrictions

ASICS, which competes with global rivals including Nike, Adidas, and Skechers USA in India, plans to open three new franchise stores per month between now and the end of the year

Big 4 ramping up hiring for tech, biz consulting: Amrop India Study

An Amrop study shows EY and Deloitte ramping up hiring in tech and business consulting practices, with SAP, Oracle and digital roles driving talent and promotion growth

Deloitte launches agentic AI centre with hubs in India, Singapore, Malaysia

The new CoE will bring together 6,000 professionals and back AI projects worth over $1 billion using autonomous technologies like Zora AI

Panel formed to chart roadmap for Big Four-like company in India

A first of its kind meeting to discuss this issue was held on Friday by the Prime Minister's office

Indian digital forensics market to reach $1.39 billion by 2030: Report

India's digital forensics sector to grow at 40 per cent CAGR to $1.39 bn by 2030, driven by regulatory demands, cybercrime surge and digital transformation across industries

Q4 results, SC junks Pahalgam plea, Deloitte predicts India's GDP growth, NEET UGC row & more top

The Supreme Court on Thursday dismissed a plea for a judicial probe into the Pahalgam attack, questioning the petitioners' intent and asking if they sought to ‘demoralise the forces’,

India's GDP to grow between 6.5-6.7% in FY26 on strong demand: Deloitte

Deloitte on Thursday projected economic growth at 6.5-6.7 per cent for the current fiscal, as tax incentives provided in the Budget are expected to push domestic demand amid an uncertain global trade environment. Deloitte estimated India's GDP growth at 6.3-6.5 per cent for FY25 and said that the economic outlook for FY26 hinges on a delicate balance between evolving trade relations and government efforts to boost domestic consumer demand. "Growth this fiscal will be contingent on two opposing forces," said Deloitte's India Economy Outlook. The first factor would be the positive impact of tax incentives aimed at growing consumer spending (as announced in the Union Budget 2025). The second and opposing force would be the potential negative impact of uncertainty in global trade networks on the Indian economy. "The interplay of tax stimulus and trade uncertainties could keep growth between 6.5 per cent and 6.7 per cent for the current fiscal year," it added. The government in the FY2

Deloitte gives clean audit opinion on VerSe Innovation's FY24 financials

VerSe Innovation said Deloitte identified weaknesses in internal controls but confirmed the issues did not affect its opinion on the company's consolidated financial statements

Pentagon axes $5.1 bn 'wasteful' IT deals with Accenture, Deloitte, others

US Defense Secretary Pete Hegseth estimates the Pentagon will save nearly $4 billion from the terminated IT and consulting contracts deemed non-essential