PwC Financial News

21.01 / 15:51

CEO economy PwC Over half of CEOs expect rise in global economic growth in the next year

According to PwC's annual Global CEO survey, this year's surge in optimism towards the global economy among business heavyweights marked a significant rise from previous years. In 2024, only 38% of CEOs expressed hopes about global economic growth, while in 2023 the figure was 18%. AI emerges as key priority for asset management CEOs Meanwhile, macroeconomic volatility (29%) and inflation (27%) topped the list of risks identified by CEOs globally for 2025. However, there was some regional variation in responses: 41% of CEOs from the Middle East and 34% from central and eastern ...

30.12 / 15:51

UPS Strategy Analysis PwC Food hospital Interviews AI is becoming ingrained in businesses across industries. Where is it going in 2025?

As artificial intelligence continues to grow at a rapid pace, more and more businesses are grappling with how to adapt quickly and responsibly

27.12 / 16:13

UPS PwC Deloitte students Inside information How hard is it to get a Big Four job when you graduate?

In a nutshell: very, very difficult indeed.

26.12 / 01:19

UPS Provident Google security Software PwC Cybercrime Indian firms tighten AI defences as cybercrime gets more sophisticated

Subscribe to enjoy similar stories. As Generative AI (GenAI) transforms business operations, it is also escalating cyber threats. Sophisticated cyberattacks leveraging AI-powered deepfakes, phishing, data manipulation, and malware are on the rise.

18.12 / 19:51

BLOCK PwC Cybercrime WhatsApp show reports 59% Companies faced financial fraud in past 2 years: PwC Survey

As many as 59% of the Indian organisations surveyed said that they had faced financial or economic frauds in the past 24 months, compared with 41% globally and 52% in the 2022 edition of the same survey. The survey said procurement fraud has emerged as a predominant issue for Indian businesses, with 50% of the respondents identifying it as a major problem. This marks a 21% increase over the global average. In 2022, however, customer fraud was reported as the top concern by 47% of businesses. Meanwhile, globally, 44% of business leaders' highlighted cybercrime as their top concern.

18.12 / 10:45

markets Digital Software PwC Cybercrime Experts reports 59% of Indian companies suffered financial fraud in 24 months

economic fraud in the past 24 months, according to PwC's 'Global Economic Crime Survey 2024 — India Outlook. This marks an 18 per cent increase compared to the global average of 41 per cent and a 7 per cent rise within India since the 2022 survey, PwC India highlighted. The latest findings highlight procurement fraud as the top threat for Indian businesses, with 50 per cent of respondents identifying it as a major issue. This reflects a significant 21 per cent jump compared to global concerns. In contrast, customer fraud, which was the leading issue for 47 per cent of Indian businesses in 2022, has been overtaken.

17.12 / 09:53

markets Software Sustainability PwC Moodys Schools From the first to the longest: Fascinating trivia about India's Union Budget

13.12 / 15:29

markets Citi Software PwC Moodys Schools rights Reliance Industries acquires 74% stake in Navi Mumbai IIA for Rs 1,628 crore

Reliance Industries Limited (RIL) on Friday announced the acquisition of a 74% equity stake in Navi Mumbai IIA Private Limited (NMIIA) for Rs 1,628.03 crore. The deal, approved by RIL's Board of Directors on December 11, 2024, was completed following consent from the City and Industrial Development Corporation of Maharashtra Limited (CIDCO), which waived its rights of first refusal on December 12, 2024. As part of the transaction, RIL acquired 57.12 crore equity shares of NMIIA at Rs 28.50 per share, the company stated in a release on the exchanges.

08.12 / 15:09

markets Software PwC Moodys President Schools Interviews Donald Trump says he will not try to replace Federal Reserve's Jerome Powell

Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell upon taking office in January. «No, I don't think so,» Trump said in an interview on NBC News' «Meet the Press with Kristen Welker.» He told Welker when asked if he would seek to replace Powell, who he has sparred with in the past over interest rate levels, «I think if I told him to, he would. But if I asked him to, he probably wouldn't.»

08.12 / 13:09

markets Citi PwC Moodys reports Schools Delhi's air quality deteriorates after a week, AQI crosses 300

The 24-hour average Air Quality Index (AQI) of the city was recorded at 302 at 4 pm on Sunday, marking a deterioration compared to Saturday's reading of 233 (poor' category). Of the 38 air quality monitoring stations in the city, 23 reported air quality in the 'very poor' category on Sunday, compared to only two on Saturday.

08.12 / 10:09

Software PwC Moodys 2020 Schools Relationships Congress demands discussion in Parliament on India-China relations

Congress general secretary in-charge communications Jairam Ramesh said a discussion in Parliament on the India-China relationship should focus on both strategic and economic policy, especially since our dependence on China has increased economically, even as it unilaterally changed the status quo on our borders over four years back. In a statement, Ramesh said the Congress has studied the recent suo motu statement made by External Affairs Minister S Jaishankar in both Houses of Parliament titled «Recent Developments in India's Relations with China».

08.12 / 08:05

markets Digital security Strategy PwC Moodys Experts Police use tear gas to disperse farmers who resumed 'Dilli Chalo' march today

tear gas to disperse farmers who began their 'Dilli Chalo' march to press the Centre for various demands, including a legal guarantee for Minimum Support Price (MSP). However, after walking for a few metres, they were stopped at the barricading by Haryana Police. «We will first identify them (farmers) and then we can allow them to go ahead. We have a list of the names of 101 farmers, and they are not those people — they are not letting us identify them — they are moving ahead as a mob,» a Haryana police official deployed at the site told news agency ANI.

07.12 / 19:19

markets Google PwC Moodys Experts country Schools EAM Jaishankar reaches Bahrain after Qatar visit

Manama Dialogue and co-chair a ministerial meeting. Jaishankar, in Manama on the final leg of his four-day, two-nation trip, was received by his Bahrain counterpart Dr Abdullatif bin Rashid Al Zayani. «Delighted to arrive in Manama this evening. Great to see my brother FM Dr Abdullatif bin Rashid Al Zayani,» he said in a post on X. «Look forward to participating in the Manama Dialogue tomorrow. Confident that our High Joint Commission will be very productive,» he said.

07.12 / 12:31

Strategy PwC Boxing Moodys Experts testing cricket Shami to play last 2 Tests of Australia tour; to leave after SMAT campaign

Mohammed Shami is set to compete in the last two Tests of the ongoing series against Australia with his playing kit already headed Down Under and the fitness clearance from the NCA's medical team being a «matter of formality». While the Brisbane Test (from December 14) could be touch and go for the Bengal veteran, it is a foregone conclusion that he will be seen in Melbourne on Boxing Day (December 26) in the fourth Test. A source close to the cricketer said that the NCA «fitness certificate» will come very soon. «Shami's India kit has already been dispatched to Australia. He will complete Mushtaq Ali Trophy T20 assignment and then leave,» the source told PTI.

07.12 / 12:31

Provident Waves Strategy PwC Moodys Experts country 'Farmers' demands are related to Centre, not state': Punjab Minister on 'Dilli Chalo' protest march

Speaking to ANI, Kaur said, «All the demands of the farmers are related to the central government, not the state government.» Farmers from Punjab have launched a fresh wave of protests at Sambhu border demanding compensation and a legal guarantee for the Minimum Support Price (MSP).

06.12 / 01:43

markets security Software PwC Moodys Schools Videos Security heightened at Shambhu border ahead of farmers' Delhi March

«The march has entered its 297th day and the indefinite hunger strike at the Khanauri border has entered its 11th day. At 1 pm, a 'jatha' of 101 farmers will move towards Delhi from the Shambhu Border...» Farmer leader Sarwan Singh Pandher told ANI. As many as 34 farmers were detained who were going from zero point to Rashtriya Dalit Prerna Sthal in Noida, to hold a protest without taking permission, police officials said on Thursday.

05.12 / 13:25

markets Software PwC Election Moodys Schools Eknath Shinde faces uphill task to keep Shiv Sena intact after losing CM post to Devendra Fadnavis

BJP’s Devendra Fadnavis as Chief Minister. Eknath Shinde, the Shiv Sena leader who has taken on the deputy CM role, now faces the delicate task of managing his party's growing faction and ensuring the smooth distribution of ministerial portfolios. The Shiv Sena is also adjusting to the new dynamics after losing the top post to the BJP, but party leaders remain optimistic about their role within the state government.

04.12 / 10:21

PwC Research cover No trade-off between AI and workers as investors call for greater focus on upskilling

According to the PwC 2024 Global Investor survey, 74% of investors argued businesses should «invest in or cover to invest in upskilling their workforce» alongside AI, as 32% said the technology would lead to an increase of 5% or more in headcount numbers, similar to the levels of those who forecasted little to no change in hiring figures (31%). The latest findings came in the context of AI gaining traction across industries, including in the financial services sector, where three-quarters of UK firms are already using the technology, recent research by the Bank of England and Financial C...

03.12 / 12:43

Platform Strategy PwC NVIDIA Moodys innovations Schools Elon Musk builds xAI, world's largest AI computing system in just 16 months, sparks anxiety among rivals like OpenAI; here's how he did it

03.12 / 12:43

PwC Moodys reports Courts International rowing No lawyer to represent Hindu monk in Bangladesh court, bail hearing deferred now to Jan 2

bail petition of Hindu monk Chinmoy Krishna Das, arrested on a sedition charge, as no lawyer appeared on his behalf. Swatantra Gauranga Das, an associate of the monk at his Sammilita Sanatani Jagaran Jote, claimed that no lawyer represented the Hindu leader due to threats from a «politically motivated lawyers' group». The bail hearing at the Chattogram court has now been postponed to January 2. Das' arrest on November 25 had triggered demonstrations by supporters of the monk, who was previously with the International Society for Krishna Consciousness (ISKCON). In Chattogram, an assistant government prosecutor, Saiful Islam Alif, was killed in a protest after the monk was denied bail.

23.11 / 16:09

markets COST Digital security PwC Election reports 93% of Indian executives anticipate cyberbudget increase in 2025: report

cybersecurity investments amid rising digital threats, according to PwC report.

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