phdcci - Latest News, Analysis, Opinion

India's unemployment rate increased from 7.8 per cent in March 2023 to 8.11 per cent in April 2023, according to the data

Economists Warn Of Global Slowdown, Likely To Impact India’s GDP Growth: PHDCCI

The International Monetary Fund (IMF) predicts a growth rate of 2.8 per cent which is lower than before and the composition of growth is changing

Global Headwinds, High Inflation Impacted Q3 GDP Growth: PHDCCI

industry needs a great hand holding in such a difficult environment caused by global economic uncertainties and volatile inflationary conditions, says PHDCCI

Taxation Incidence On India's Middle-income Levels High Among Leading Economies: PHDCCI

Saket Dalmia, President, PHDCCI says that in other leading economies, the middle-income class though pay high tax but the same is not subject to peak tax rates

Govt Should Boost Consumption, Enhance Social Infrastructure, Create Employment: Saket Dalmia, PHDCCI

Abhishek Sharma

The upcoming budget should deal with the current economic state and focus more towards enhancing consumption by incentivising the consumer, decriminalisation and reducing in cost of doing business, says Saket Dalmia, President, PHD Chamber.

PHDCCI Seeks Support For Tourism Sector In Forthcoming Union Budget

Through a memorandum, PHDCCI presents suggestions for the tourism sector, which suffered a major setback during the covid period. According to Invest India (National Investment Promotion & Facilitation Agency), the travel market in India is projected to reach USD 125 billion by FY27, from an estimated USD 75 billion in FY20

$5 Tn Economy: PHDCCI Suggests Strategies To Achieve Target

According to the report, the agriculture and food processing sector has emerged as one of the most prominent sectors to move forward and to achieve a size of USD 5 trillion by 2026-27

India's Economic Recovery Gains Momentum In Recent Months: PHDCCI

The drivers of household consumption need to be further strengthened to enhance the aggregate demand as it will have an accelerated effect on the expansion of capital investments

India Economy Poised To Attain Double-Digit Growth In FY22: PHDCCI

The National Statistical Office, the official agency of the government, on August 31, had said the real GDP growth for the first quarter of 2021-22 was at 20.1 per cent.

Need To Further Fuel Drivers Of Household Consumption, Private Investments: PHDCCI

The chamber projects a double-digit GDP growth trajectory at 10.25 per cent in 2021-22, supported by the effective policies of the government and improved business sentiments.

RBI’s Move To Keep Interest Rates Low To Boost Business Confidence: India Inc

The central bank on Friday expectedly kept interest rates unchanged at a record low of 4 per cent, as it chose to support economic revival over inflation.

Bring Petroleum Products In Ambit Of GST Soon: PHDCCI

PHDCCI President Sanjay Aggarwal said the Wholesale Price Index (WPI)-based inflation has been in a double-digit growth trajectory for the past three months, stoked by high prices of fuel and power.

Need For Calibrated Price Control For Oil; Include Petro Products Under GST: PHDCCI To Govt

The current rise in oil prices has fuelled into a raging issue as it is likely to have a cascading influence on the prices of other essential commodities as well

State Govts Must Also Take Lead In Instituting Labour Reforms: Kant