PwC Survey

Nearly half of Indian consumers said rising prices remain the biggest issue when shopping in-store

In spite of a planned cut in spending and challenging economic conditions, Indian consumers say they are still willing to pay more for sustainable products

In the most pessimistic outlook in more than a decade, a global survey of CEOs showed 73 per cent of them expecting the global economic growth to decline over the next 12 months. Releasing the annual survey on the first day of the World Economic Forum Annual Meeting here on Monday, PwC said this is a significant departure from the optimistic outlook of 2021 and 2022 when more than two-thirds thought economic growth would improve. This is the most pessimistic CEOs have been regarding global economic growth since PwC began asking this question 12 years ago. The survey further showed that nearly 40 per cent of CEOs do not believe their organisations would be economically viable in 10 years if they do not transform. Inflation, macroeconomic volatility and geopolitical conflict ranked as the top global threats while cyber and health risks fell from a year ago. The survey also showed that companies are cutting costs but do not plan yet to reduce headcount or salaries in their fight to .

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More than 82 per cent of business executives surveyed in India anticipate an increase in cybersecurity budgets in the coming year, according to a PwC report. The survey highlights that of all the risks affecting organisations, India respondents consider a catastrophic cyberattack, a resurgence of COVID-19 or a new health crisis, and a new geopolitical conflict among the top three risks. "Over 82 per cent of business executives in India foresee an increase in cybersecurity budgets in 2023," said the PwC survey. According to the survey, 89 per cent of Indian business executives say their organisations' cybersecurity team detected a significant cyberthreat to business and prevented it from affecting their operations, as against 70 per cent globally. "It also highlights that 83 per cent Indian business executives say their organisation's cybersecurity team has improved supply chain risk management," according to PwC release. The 'Global Digital Trust Insights' survey captured views o

However, investors have already raised a lot of capital which needs to be deployed and this will ultimately find its way to the Indian start-up ecosystem

Most employees in India may not return to offices yet and are more inclined towards the remote and hybrid work model, shows PwC survey

Venerate, which was founded in 2016 in Bangalore, builds customised solutions on the Salesforce platform across multiple clouds. The solutions help organisations in managing customers and sales

Venerate builds and deploys customised solutions on the Salesforce platform across multiple clouds including financial services cloud, salesforce marketing cloud, etc

The pandemic coupled with other health crises remains the top threat for companies in 2021, say executives

This, despite the fact that as many as 79 per cent said that their income levels have been impacted due to Covid-19

PwC's 2017 Global E&M Outlook projects will clock 4.2 per cent annual growth between 2016 and 2021