PWC INDIA REPORT

93% of Indian executives plan to increase their cybersecurity budgets in 2025, with 17% expecting increments of 15% or more, a 1% rise from last year. This underscores the critical importance of cybersecurity, which 61 % of executives identified as ...

A new PwC India report reveals that 93% of Indian executives plan to increase their cybersecurity budgets next year. Cybersecurity is the top risk mitigation priority, driven by recent breaches and new regulations. Cloud-related threats are a major ...

The ET World Leaders Forum Compendium 2024 captures the deliberations at the forum, documenting the celebration of India's rise on the global stage and the suggestions for the way ahead as the country seeks to become a developed one by 2047. The eve...

About 52% of top executives at leading manufacturing companies are allocating investments towards building a culture of lifelong learning, shows report.

A PwC report reveals a significant lack of awareness about the Digital Personal Data Protection (DPDP) Act among Indian consumers and businesses. The report highlights the need for increased awareness and trust-building efforts to address these gaps.

A PwC India survey reveals widespread concern among consumers regarding data breaches and a lack of awareness about the Digital Personal Data Protection Act (DPDPA). The survey finds that 56% of consumers are unaware of their data rights, and only 1...

Finance teams have five years to transform or risk irrelevance, says a report by ACCA and Chartered Accountants ANZ with PwC. Businesses now demand broader skills from finance teams, including digital, data, and sustainability expertise. Embracing n...

A substantial 83 per cent of media and telecommunication companies in India are using GenAI for innovation and research. The industry feels that easy availability of GenAI tools such as Gemini, ChatGPT, and GitHub Copilot.1 are major reasons behind ...

?? As per the PwC India report titled, 'Mapping the FinTech innovation landscape in India' data analytics also continues to emerge prominently across nearly 74 per cent responses, underscoring its integral role in driving insights and decision-makin...

India's digital payments industry is booming, with transaction volumes growing by 42% YoY in FY 2023-24. A PwC report projects a threefold increase in transaction volumes by FY 2028-29. UPI leads this growth, accounting for over 75% of transactions ...

The number of credit cards in India is projected to reach 200 million by FY28-29, growing at a CAGR of 15%, according to a PwC report. The credit card industry has doubled its issuance over the past five years and is expected to continue this trend....

Merchant acquiring solutions – including offline and online options like QRs, payment aggregators and payment gateways – also saw substantial growth of more than 25% due to regulatory push.

A PwC India report predicts UPI transaction volume to rise to 439 billion by 2028-29, accounting for 91% of retail digital payments. The digital payments landscape will see significant growth, with overall transactions increasing from 159 billion in...

India's organised gold loan market is forecasted to double to Rs 14.19 lakh crore by FY 2029, with a five-year compound annual growth rate (CAGR) of 14.85%, according to a PwC India report. The market, valued at Rs 7.1 lakh crore in FY 2023-24, face...

PwC India's chairperson, Sanjeev Krishan, suggested that India could establish 5-6 large manufacturing zones similar to the Gift City financial hub to meet its $1 trillion goods export target, potentially one year ahead of schedule by fiscal 2029. T...

A PwC report, "VIKSIT: An Approach for India to Achieve $1 Trillion Exports," outlines essential public and private sector strategies to boost India’s export growth. Launched by Commerce Minister Piyush Goyal, the report emphasizes creating a robust...

Sanjeev Krishan secures re-election as Chairperson of PwC in India, with over 400 partners voting. PwC's revenue surpasses $1 billion under Krishan's leadership, with a strong focus on growth and expansion. The firm's India revenues exceed Rs 9,000 ...

PwC India highlights tax challenges and AI's transformative role. Enhanced transparency and detailed disclosures build trust, notes Sanjay Tolia. Gautam Mehra urges future-fit tax functions. Jitendra Verma suggests better integration with tax depart...

Despite a Delhi High Court stay, the Institute of Chartered Accountants of India (ICAI) has published orders penalizing two PwC affiliate partners. PwC had obtained a stay against ICAI's disciplinary action, challenging fines and membership removal....