To incentivise the manufacturing sector and generate employment, the government may extend the scope of PLI scheme to include sectors like garments, jewellery and handicrafts in the forthcoming interim Budget, Deloitte said. Currently, Production-Linked Incentive (PLI) scheme is available for 14 sectors. Read our full Budget 2024 coverage here Deloitte India Partner Rajat Wahi said … Read more
Melbourne: The value of healthcare workers’ intuition in effective clinical care has been verified by reports around the world again and again. From doctors’ ability to spot sepsis in critically ill children, to ‘nurse worry’ as a ‘vital sign’ predictive of patient deterioration, to helping GPs navigate complex patient care – intuition appears to play … Read more
Shares of billionaire Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) fell nearly 4% to Rs 771 in Monday’s trade on BSE after the auditing firm Deloitte resigned as its auditor. Deloitte’s resignation comes after it asked Adani Ports to conduct an independent inquiry on related party transactions flagged by Hindenburg but the company … Read more
Mumbai: Deloitte Haskins & Sells LLP is set to resign as auditor for Adani Ports & SEZ in the next few days just a year after its reappointment amid differences with the company management over the auditor’s position on certain transactions, said multiple people aware of the development. According to one of the persons, a … Read more
Purchase of more discretionary products and indulgence in travel is likely to fuel Indian consumer spending, a report by Deloitte said. As per the ‘Global State of the Consumer Tracker’ by Deloitte, Indian consumers are willing to spend on both travel and hotel stays, and also have the intention to buy either a new or … Read more
For more than a decade, India’s efforts to attract FDI have been affected by a misconceived law that enabled certain transactions to be retrospectively taxed. GoI has now repealed the statute on its own sovereign terms, through its own national legislature. Investors can now look again at the world’s largest market opportunity, a view, according … Read more
The survey also found that 57% of the Indian respondents feel safe about staying in hotels. (Representative image) A vast majority of Indians are ready to travel internationally for leisure following the second Covid-19 wave in the country as reduced anxiety and the end to travel curbs have lifted sentiment, a new study has found. … Read more
Indians are slowly making their way back to the office and is witnessing a consumption revival in the country with spending intent shifting towards more discretionary items, according to a report by global consultancy and advisory firm Deloitte. After witnessing two waves of the pandemic, India is “cautiously returning” to a state of “business as … Read more
India was hit by a tsunami—the highly virulent Delta strain of Covid—but the country still remains an attractive destination for long-term global investors, Deloitte’s global CEO Punit Renjen told ET. “Over the long arc of time, and the long investment horizon, India is a very attractive destination. And it is attractive because the fundamentals are … Read more
Then, the Indian auditors point at the concentration risk of a Big Four but the data doesn’t support the argument. Synopsis The spat between the Big Four professional services firms and Indian auditors over the new RBI guidelines for appointments of statutory auditors has turned nasty with both sides accusing each other of serving self … Read more