Posts

Deloitte India Union Budget 2023: Pre Budget Survey

Image
The Union Budget 2023: Pre Budget Survey is an important exercise for the Government of India to understand the public’s opinion on the budget. This survey will help the government formulate policies and make decisions that are in sync with the public’s expectations. It will also provide insights into areas where people feel more investment is needed, and what kind of investment is expected from the government. The pre budget survey aims to capture public opinion on various aspects of taxation, subsidies, investments, infrastructure development, and other issues related to the Union Budget 2023. Additionally, there is a need to reform the Indian tax system in order to make it more equitable and efficient. The Union budget survey also revealed that respondents wanted to see increased investment in infrastructure, as well as more focus on agricultural reforms, which could help to strengthen the rural economy.  Finally, the budget survey showed that people want to see greater transparency

How Digital Transformation will be helpful for life science Consulting?

Image
There is no doubt that the healthcare industry is one of the most lucrative and competitive industries in the world. Considering the number of health-related companies vying for market share, it's not surprising that they are implementing cutting-edge technologies to stay competitive. In this write-up, we have discussed how digital transformation will be helpful for life science consulting. Working within a highly-regulated company, most health sciences companies have yet to reap all of the benefits of their digital transformation. Hence, in order to remain cut-throat, life sciences businesses need to design, implement and upgrade their digital strategy and employ emerging digital technologies. The life sciences sector focuses on analysis and innovation that promotes healthcare. From pharmaceutical care to biotech, this area includes numerous intriguing positions each aiming to significantly affect the way we live. Therefore, to continue making the sector more interesting, it is ex

How will the Budget 2023 address the global recession should it impact India?

Image
People all around the world have personally witnessed unimaginable incidents that have had lasting effects. The COVID-19 crisis, Russia's invasion of Ukraine, and other factors have put people in an extremely vulnerable position. People worldwide are worn out and dealing with the challenges brought on by increased living expenses. Perhaps, unsurprisingly the gloom is being reflected at home. The world economy was devastated by persistent inflation that reached high records across several nations following COVID-19. Leading central banks have aggressively raised interest rates to control prices, which has resulted in a significant decline in global GDP and the risk of economic recession. There was a lot of speculation about a recession a few months back, but the topic has changed dramatically. India's economy will always be affected by recessions, but the question is how deeply. In this write-up, we have covered an assessment of the global economy. So, begin with the most trendi

Impact of Digital Transformation on Banking Sectors in India

Image
Almost every sector has been facing a new era of the latest trend of digitalization. Hardly anybody would argue about the power that digitalization holds and how it has shaped the global economy.  Digitalization is the use of technologies that can enhance a business model by providing newer value-driven opportunities and added revenue. Around the world, technology has been advancing at a rapid rate over the past few decades.  Technology has made its impact on anything and everything possible and you can now see it in every sector around you, including banking. Banks across the world and the banking sector in India have taken a tremendous step towards a digital transformation. This step has not only helped match the competition but also in giving their clients the best service.  Digital Transformation in Banking Sectors. Digital Transformation in Banking Sector in India Digital transformation as you know is a cultural and operational shift toward the integration of digital technology. I

A Look Into the Future: What Will the Risk Advisory Industry Look Like in 10 Years?

The risk advisory industry is rapidly evolving. Organizations are facing increasing risks while managing their budgets and resources carefully. In this blog post, we will explore the risk advisory industry in 10 years – from human factors to technology trends. We'll also cover how these changes will impact today's organizations and professionals working in this field. The rise of technology and its implications on the risk advisory industry   Risk advisory firms like Deloitte are already using technology to drive efficiencies and provide better data for clients. Today, many risk advisors use machine learning to find patterns in data that were previously impossible to uncover. It allows them to make better choices, improve client service and reduce costs.   However, as the technology becomes more powerful and accessible, we will likely see even more advances in how risk advisors firms like Deloitte work with their clients. It's also possible that some of these innovati

Top Cyber Security Consulting Companies in India

Cyber security consulting is one of the most sought-after services in India. There are a number of companies that provide this service, but only a few have the experience and quality to be able to provide it well. Data is the new currency, and everyone wants to steal it. In this article, we are going to list the top 10 cyber security consulting companies in India that provide the best services at affordable prices. HCL HCL is a leading global IT service, consulting, and business solutions organization. It has a strong presence in the digital, IT, engineering, and R&D services space. HCL’s Cyber Security Consulting Services include Cyber Security Consulting Services for organizations of all sizes who want to strengthen their cyber-security posture by leveraging the best practices for risk management, compliance & governance frameworks, and toolsets. Deloitte Deloitte is one of the largest professional services firms in the world, providing Audit & Assurance, Consul