KPMG Australia weighs 1,000 job cuts amid audit scandalKPMG Australia faces significant job cuts and partner pay reductions. This action follows fallout from a recent audit leak scandal. The com...
US consumer inflation likely increased at a slow pace in June as gasoline prices retreatedU.S. consumer inflation probably slowed in June, but rate hikes remain possible. Gasoline prices retreated from highs after a fragile cease...
Real estate firms ramp up legal hiring as deals grow more complexIn an evolving landscape, Indian real estate developers are strategically bolstering their legal departments. This growth represents a pivo...
Biz positive on GST after 9 years; simpler compliance, lesser disputes key focus areas ahead: SurveyThe KPMG in India-FICCI GST Survey said GST has matured considerably through greater digitisation and transparency, creating a more unified...
Bengaluru second airport: Another location added to list of proposed sites; CM Shivakumar hints at where it could beHarohalli is now a fourth potential site for Bengaluru's second airport. The Karnataka government has deferred a final decision on the airp...
E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuelThe Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine perfor...
E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuelThe Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine perfor...
Skyroot lines up more rockets as Vikram-1 gets a launch windowThe Hyderabad-based startup has begun the process of manufacturing its second and third orbital rockets. On Thursday, the company announced...
Spacetech unicorn Skyroot sets maiden launch window between July 12 and August 4India's first spacetech unicorn, Skyroot Aerospace, is gearing up for the maiden test flight of its Vikram-1 rocket between July 12 and Aug...
Capital Call: Indian VCs face toughest fundraising market in a decadeData from market intelligence firm PitchBook, reviewed by ET, shows Indian VCs have raised just $820 million across 32 funds as of mid-June...
Global Market: Financial firms shift Asia expansion focus to South Korea, take cautious stance on China and IndiaGlobal financial firms are increasingly prioritising South Korea for Asia-Pacific expansion while adopting a cautious approach towards Chin...
92% of tech executives see AI management as vital work skill by 2031: KPMGAs the corporate landscape shifts toward automated decision-making, 92 per cent of tech executives report that managing artificial intellig...
Sold, or just shipped? How sales figures can be manipulated – and how you can spot itGoods left the warehouse. The invoice went out. So it must be a sale, right? Not always. Under the rules, a sale counts only when the custo...
EY, KPMG, Deloitte among top 10 auditors by number of companies audited in FY26India’s audit market in FY26 remained dominated by large firms, with EY, KPMG and Deloitte leading by audit volume and market capitalisatio...
Big Six tighten grip on India's audit market despite mandatory rotationDespite mandatory auditor rotation, India's largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Gra...
Big Four firms' India operations shine amid global slumpIndia's Big Four accounting firms have achieved remarkable growth, outperforming global peers in fiscal year 2026. PwC and Deloitte reporte...
Inside KPMG's AI report scandal: False claims, bogus case studies and hallucinated success storiesKPMG has retracted a global report after major organizations like UBS and the NHS denied claims of using AI for operational transformations...