PHDCCI hails GST Council decision to defer GST rate hike in Textile Sector

New Delhi : PHD Chambers of Commerce and Industry has welcomed the decision of GST Council to defer the hike in GST rate on textiles from 5 per cent... Read more »

Supply crunch of vegetables stoke CPI inflation : PHDCCI

The CPI inflation increased to 4.9 percentage  in November 2021 as compared to 4.5 percentage in October 2021.  The CPI inflation for the month of November 2021 has been... Read more »

PHD Chamber Urges GST Council to rationalise GST Rates

New Delhi : PHD Chamber of Commerce and Industry has urged the GST Council to rationalise the GST rates in the forthcoming GST Council meeting. “Current GST rates are... Read more »

Economic activity in 2021 higher than pre-COVID levels: PHDCCI

The current economic activity in the country has significantly surpassed the pre-COVID levels, according to PHDCCI Economy GPS index.  The GPS Index for the month of November 2021 at... Read more »

Gujarat tops amongst most resilient State in Pandemic FY2021 : PHDCCI

New Delhi : Among the states in India, Gujarat has topped as most resilient State in FY2021, according to a comparative analysis made by PHD Chamber of Commerce and... Read more »

Amending GST will create more hurdles for Textile Industry, says PHDCCI

New Delhi : The Government has created more hurdles for the textile Industry by amending the GST rate from 5 per cent to 12 per cent, according to PHD... Read more »

PM’s decision to withdraw Farm Laws shows commitment to people’s welfare : PHDCCI

New Delhi, Nov 23 : The PHD Chambers of Commerce and Industry has hailed the decision of Prime Minister Narendra Modi to withdraw 3 farm laws as “democratic” saying... Read more »

PHD Chamber projects Q2 FY 2021-22 GDP growth at 8-10%

The PHD Chamber of Commerce and Industry has projected Q2 FY 2021-22 GDP growth at 8-10% and a double digit GDP growth trajectory at 10.25% in the full FY... Read more »

Strong GDP growth expected in coming quarters : PHD chambers

The uptrend in the lead economic and business indicators in the recent months shows that the economic recovery is catching pace and strong economic growth is expected in the... Read more »

High inputs costs will impact demand & production : PHDCCI

Although the economic activity remained intact in September 2021, high cost of inputs vis-à-vis skyrocketing international commodity prices, shortages of containers and unavailability of some raw materials, such as... Read more »