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Latest Articles in phdcci

Reforms In Agriculture Sector, Special Focus On MSMEs To Foster Punjab's Growth: PDHCCI

Recovery in the growth of the industrial sector should be the topmost priority of the government to push the economy towards a higher growth trajectory, says PHDCCI's RS Sachdeva

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Economic Activity Performs Robust, PHDCCI Economy GPS Index Grows 14% YoY In July 2023

PHDCCI Economy GPS Index captures the momentum in supply-side business activity through growth in GST collections, demand-side consumer behaviour through volume growth in passenger vehicle sales and sensitivity of policy reforms

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India-US Bilateral Trade Likely To Touch $300 Bn In 2026-27

The volume of imports from India to the USA has increased from USD 58 billion in FY 2018-19 to USD 76 billion in FY 2022-23

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Economic Activity Remains Robust, PHDCCI Economy GPS Index Grows 13.7% In June

PHDCCI economy GPS index captures the momentum in supply-side business activity through growth in GST collections, demand-side consumer behaviour through volume growth in passenger vehicle sales

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India's Economic Activity Remains Steady, Says PHDCCI

E-way bills have shown significant YoY growth of around 20 per cent, increasing from 73.6 million in May 2022 to 88.2 million in May 2023

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India Most Successful In Curbing Inflation Among Top 10 Economies: PHDCCI

The industry body also said overall, India has proven its effectiveness to control inflation from its peak, pulling down it to a near tolerance level and the effectiveness of the ERPR

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India's Economic Recovery At Five Months High, Says PHD Chamber

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

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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

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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

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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

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

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.

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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

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$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

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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

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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.

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