New Delhi, May 2 (IANS) India’s auto sector saw a demand‑led but uneven recovery in FY26, driven by urban market demand and premiumisation while rural demand saw some headwinds, a new report has said.The report from Deloitte India said two‑wheelers led the recovery, with wholesale volumes up 10.7 per cent year‑on‑year and retail sales rising 13.4 per cent.Passenger vehicles continued the premiumisation trend, with mid-size entry segments gaining share and traditional entry-level segmen…
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Mumbai, April 28 (IANS) “Regulations have become highly micro in nature in India. Instead, we need to have the kind of ecosystem that rewards innovation, encourages you to scale fast and fail fast, that you can get up again and try again,” said Arundhati Bhattacharya, Chairperson & CEO, Salesforce – South Asia and Former Chairman, State Bank of India.She was speaking during the discussions at the Release of the Report on ‘Regulatory Governance: The Scope, 2026’, in Mumbai.“Regulators n…
New Delhi, March 30 (IANS) Median compensation for professional chief executives in India rose 5 per cent year‑on‑year to about Rs 10.5 crore in FY26, marking the slowest pace of growth since the COVID‑19 pandemic period, a new report has said.The report from Deloitte India’s said the muted rise was due to subdued equity‑market performance, which reduced the value of stock‑linked compensation — a significant component of executive pay.The business advisory firm found that nearly on…
New Delhi, Feb 26 (IANS) By supporting a stronger domestic presence for foreign universities, India could retain an estimated $113 billion in foreign currency by 2040, with around 19 million sq. ft. of vertical campus space required for Foreign Higher Education Institutions, a report said on Thursday.The report from Deloitte India and Knight Frank India said that foreign universities could significantly reduce the remittance outflows currently lost to overseas education.The shift, driven by the …
New Delhi, Jan 14 (IANS) India’s GDP will likely expand 7.5-7.8 per cent in the current fiscal (FY26), driven by festive demand and robust services activity, a report said on Wednesday.The report from Deloitte India, however, noted that the growth could moderate to 6.6–6.9 per cent in FY27 because of a high base and lingering global uncertainties.The business consultancy noted that real GDP grew 8 per cent in the first half of 2025–26 (April–September), underscoring the economy’s resilie…
New Delhi, Jan 7 (IANS) About 86 per cent of Indian consumers now consider gold and jewellery a preferred instrument for wealth creation, underscoring the category’s enduring “asset” role, nearly matching market-linked products such as mutual funds and stocks (87 per cent), a report showed on Wednesday.India’s jewellery market is undergoing a fundamental reset, as consumers increasingly view jewellery as an everyday expression of identity, lifestyle and value alongside its ceremonial hei…