EY's UK partners received average distributable profits of £870,000 for the year to 3 July 2026, up about 10.5%, while UK fee income rose 2% to £3.86 billion, Big4News reports. Consulting revenue fell 3% for a third straight year. EY-Parthenon grew 6%.
Read more at Big4 News →
PwC reported nearly flat revenue growth of 0.7% in local currency across Europe, the Middle East and Africa, against more than 3% at Deloitte and EY, Bloomberg Tax reports. A year-long block on Saudi wealth fund advisory contracts weighed on the region, industry watchers say.
Read more at news.bloombergtax.com →Accenture stock fell 4.41% on October 27 while its sector rose 0.41%, TradingKey reports, attributing the move to profit-taking after an aggressive rally. The shares had climbed to recent highs on strong fourth-quarter results, record client bookings and enterprise AI partnerships. Gravity remains undefeated.
Read more at TradingKey →
Accenture is working with TÜV SÜD and NVIDIA on a Physical AI Safety Suite that uses digital twins, AI agents and simulations to help industrial clients bring factory and warehouse automation online faster while supporting independent certification, Simply Wall St reports. The robots now need paperwork too.
Read more at simplywall.st →
Agentic AI could reduce the time banks spend on know-your-customer processes by 30 to 70 per cent, according to a McKinsey report covered by Devdiscourse. Banks often assign 10 to 15 percent of staff to KYC and anti-money laundering work, but oversight costs and governance gaps slow adoption.
Read more at Devdiscourse →
Robust loan demand, widening margins and steady asset quality should support Indian bank earnings through FY27, a Boston Consulting Group assessment says, with loans seen rising 18%, Kalinga TV reports. West Asia, which accounts for 14 to 20 percent of India's trade, is the main external risk.
Read more at kalingatv.com →
A WWD x BCG Future of Fashion Report, released at the WWD Apparel and Retail CEO Summit, finds shoppers more wary and price-conscious and researching purchases more carefully. It draws on BCG surveys of more than 4,000 consumers and nine million social media posts. Impulse buying is under review.
Read more at wwd.com →A World Gold Council and BCG report projects the digital gold market could grow from an estimated $45 to 55 billion to $160 to 170 billion by 2031, about 27% a year in its base case. It is based on a survey of more than 12,000 retail investors.
Read more at indianjeweller.in →
About 520.1 million people in India, or 35.5% of the population, could not afford a healthy diet in 2025, a KPMG in India report says, Business Standard reports. Per capita food consumption remains about 20% below requirements even though production is around 36% above them.
Read more at Business Standard →Turner and Townsend's 10th Data Centre Construction Cost Index finds the Middle East one of the most cost-competitive regions for new data centres, Consultancy-me reports. Tokyo and Osaka are the most expensive at $18 and $17 per watt, with Zurich third at $16.
Read more at consultancy-me.com →Bain's Global Automotive Consumer Study says price remains the top consideration for car buyers in the US at 68% and Europe at 62%, while AI increasingly shapes how people research and buy cars, Consultancy-me reports. The study also looks at the UAE's evolving place in the industry.
Read more at consultancy-me.com →
Boston-based Peloton Consulting Group, which focuses on Oracle Fusion Cloud applications, has agreed to acquire INFOLOB Global, an Oracle services company working on cloud infrastructure, data modernisation and AI, citybiz reports. The deal is expected to close before the end of 2026. Terms were not disclosed.
Read more at citybiz.co →
Dotwork, an AI-native enterprise operating platform in Georgetown, Texas, has acquired Arcario Group, a consultancy specialising in enterprise operating models and transformation. The deal closed October 23 and financial terms were not disclosed. Dotwork says the buy adds forward-deployed expertise to its software.
Read more at PR Newswire →
Richmond management consulting firm Fahrenheit Advisors will begin operating under the Smith + Howard name, the next step in integrating with the assurance, tax and advisory firm that announced its acquisition in December 2024. Fahrenheit has served clients for 16 years. The logo is the last to know.
Read more at morningstar.com →
Boston accounting and consulting firm WilliamsMarston has acquired the NetSuite practice of Charted, formerly SquareWorks, an accounts payable automation firm whose software serves more than 1,000 clients, Consulting.us reports. The practice will help small and mid-market clients implement and customise NetSuite.
Read more at Consulting.us →
Washington strategy firm Matters Graph, which focuses on private equity due diligence and value creation, has named Bill Achtmeyer, founder of The Parthenon Group, chairman of its advisory board as it targets $100 million in revenue, citybiz reports. Co-founders Mark Stein and Jeff Merkle started the firm in 2017.
Read more at citybiz.co →Atlanta consulting firm North Highland has appointed Deb Morrison as managing director and Molly Stephens as senior director of business development in its Chicago office, citybiz reports. Both join from Slalom. The firm wants to expand its Chicago client base and local partnerships.
Read more at citybiz.co →Maven Insights has added three practices aimed at helping Middle East clients strengthen governance and improve execution, Consultancy-me reports. Senior Partner Alper Kulak says success depends on the structures and capabilities that turn strategy into sustained performance. Strategy, meet follow-through.
Read more at consultancy-me.com →Microsoft has appointed Anisha Walia as Chief of Staff and Head of Strategy for India and South Asia, BW People reports. She spent more than four years at Analysys Mason in Dubai, most recently as Senior Engagement Manager, and brings nearly a decade in telecom and technology strategy.
Read more at bwpeople.in →
Deutsche Bank expects the Reserve Bank of India to hike by 25 basis points in December 2026 and another 50 in the first half of 2027, taking the repo rate to 6.25%, The Economic Times reports. The forecast, more hawkish than consensus, assumes growth above 7% with elevated inflation.
Read more at The Economic Times →
Banking system surplus liquidity fell to Rs 50,000 crore as of October 23, largely on GST outflows and higher cash reserve requirements, an ICICI Bank report says. The RBI has started variable-rate repo auctions, including a seven-day Rs 1 lakh crore operation, The Economic Times reports.
Read more at The Economic Times →
Speaking in Tiruchirappalli on October 26, Finance Minister Nirmala Sitharaman said India's fiscal deficit has declined consistently and its debt burden is trending down, The Economic Times reports. On the rupee, she said the RBI's role is to prevent sudden movements, not to set the exchange rate.
Read more at The Economic Times →
Economist Raghuram Rajan cautioned against heavy use of foreign exchange reserves to hold the rupee at a set level, speaking to Reuters. The rupee has fallen about 6% in 2026 and hit a record low of 96.96 in May. He urged policymakers to avoid panic.
Read more at The Economic Times →The World Bank's Poverty, Prosperity, and Planet Report 2026 estimates about 33 million Indians lived below $3 a day in 2024, while 1.14 billion lived below the $8.30 upper-middle-income line, The Policy Edge reports. These are three different thresholds, it notes, not competing estimates.
Read more at Policy Edge →The government has finalised 15 Alternative Investment Funds under the Startup India Fund of Funds 2.0 scheme, with Rs 270 crore earmarked for SIDBI for onward investment, government sources told CNBC TV18. The BHASKAR startup registry is also being overhauled with AI tools for supplier discovery.
Read more at cnbctv18.com →The government is working to simplify the application process under Press Note 2, which since March lets firms with up to 10% shareholding from countries sharing land borders with India invest without prior approval, sources told The Economic Times. Earlier, even a single share triggered approval.
Read more at The Economic Times →Around 1,100 taxpayers have applied under the Foreign Assets of Small Taxpayers Disclosure Scheme 2026 in over two months, Finance Ministry sources told The Economic Times. The one-time scheme, launched August 16, closes on December 31 and lets small taxpayers declare undisclosed foreign assets at an effective 60% tax.
Read more at The Economic Times →Listed Indian hospital chains added about 2,000 beds in the second quarter and plan roughly 20,000 more over three to five years, EY India says, while revenue rose about 22% year on year. Proposed caps on room rates and standard procedure pricing could test that expansion, Healthcare Asia reports.
Read more at healthcareasiamagazine.com →Crypto industry representatives from Binance, BitDelta India and CoinSwitch, with a tax partner from EY India, called for regulatory clarity and a tax framework suited to how digital assets are traded, at a Business Standard BFSI Insight Summit session in Mumbai, Business Standard reports.
Read more at Business Standard →A PIB explainer says carbon capture, utilisation and storage is an important pathway for cutting emissions from hard-to-abate sectors and can support India's Net Zero by 2070 goal. The government is bringing together research institutions, public sector enterprises and private industry across projects in several states.
Read more at PIB →
Poets and Quants reports that McKinsey, Bain and BCG, the three firms that set the bar for consulting pay, are boosting starting pay for MBA hires after years of stagnation. It comes despite talk that AI can handle associate research and that client budgets are being slashed.
Read more at poetsandquants.com →
Institutions including IISER Pune, ISB, IIM Ahmedabad and IIM Bangalore are moving from blanket AI bans toward controlled use, The Indian Express reports. At IISER Pune, AI use is now allowed by default unless a teacher or PhD supervisor prohibits it in writing.
Read more at The Indian Express →
Better staff retention from hybrid working could bring productivity gains worth $204.7 billion in the US and £10.8 billion in the UK over five years, an IWG and Arup analysis says. IWG research finds 81% of CHROs see hybrid working as critical to retaining top talent.
Read more at eastmojo.com →
IIM Ahmedabad director Professor Bharat Bhaskar tells India Today that future managers cannot be trained only for today's jobs and must handle uncertainty. The institute now provides official AI licences to students and faculty, giving institution-authorised access to AI tools.
Read more at India Today →
A KPMG in India report examines how to build a healthcare workforce able to use digital health and AI safely and responsibly, looking at gaps in readiness and regulatory drivers. It projects more than 20 emerging new roles by 2035. The stethoscope now has a login.
Read more at KPMG →XLRI Jamshedpur hosted the sixth edition of KRONOS, its annual CHRO Conclave, with 23 CHROs and senior HR leaders discussing the theme 'Who Will Build the Company of Tomorrow?' The event explored how HR heads shape organisational structures and performance.
Read more at India Gazette →Consulting, strategy and advisory roles checked today, India first. Every listing links to the original posting. The case interview is still yours to crack.
Upcoming summits and forums, each checked against its own page this morning. The networking is billable to nobody.
It sits on your phone like an app and has never once asked for an update.
iPhone