"ECGC is reluctant to issue the coverage to EXIM bank because of the default committed by Sri Lanka and Zambia. This is adversely affecting the overall export performance of Indian exporters,"
said PHDCCI President, Saket Dalmia.
FICCI said this pragmatic approach of RBI will nurture growth and PHD Chamber said calibrated approach to maintain economic growth would be vital to attract investments as inflation is cooling down significantly.
PHDCCI said for start-ups, ESOPs are the key to attract and incentivise talent. These should not be taxed as recipients do not have ready cash in their hands at that point and the taxation should be on the final sale of shares, the industry body said.
Saket Dalmia, President, PHD Chamber of Commerce and Industry, said there must be focus on decriminalisation and reduction in costs of doing business. For financial mistakes, there should be financial redressal such as penalties and not imprisonment, according to a statement from the indu
In its interaction with Revenue Secretary, the industry body suggested measures related to direct taxes and indirect taxes for the growth and development of Indian economy.
The president of the industry body on Wednesday said calibrated efforts undertaken by the government and Reserve Bank of India (RBI) have significantly impacted the escalation in the wholesale prices.
New Delhi [India], October 1 (ANI/NewsVoir): Dr Raghupati Singhania, Chairman and Managing Director, JK Tyre & Industries Limited, was conferred the prestigious 'Lifetime Achievement Award 2022' at PHDCCI's 117th Annual Session 2022, celebrating India's Pursuit for Self-Reliance. The acc
New Delhi [India], September 30 (ANI/ Agarwal Packers and Movers Ltd.): Agarwal Packers and Movers Ltd. has bagged the most prestigious PHDCCI Outstanding Social Welfare Award 2022 conferred by the Speaker of Lok Sabha of India, Hari Om Birla at the PHD Chamber of Commerce & Industry'
New Delhi [India], September 23 (ANI): The new Foreign Trade Policy (FTP), scheduled to be announced at the end of this month, is expected to focus on enhancing the ease of doing exports from India, industry body PHD Chamber of Commerce and Industry said on Friday.
New Delhi [India], August 24 (ANI): A robust intellectual property system that guarantees a faster processing time is the need of the hour for the Indian agriculture sector as it would help boost growth, PHD Chamber of Commerce and Industry has said.
New Delhi [India], August 18 (ANI): India has the potential to reduce imports from China by around 40 per cent in the coming years, according to an analysis conducted by industry body PHD Chamber of Commerce and Industry.
New Delhi [India], July 9 (ANI): Despite the massive disruptions in both demand and supply side factors caused by the COVID-19 pandemic and the Russia-Ukraine conflict India has shown the most consistent improvement in macroeconomic performance among the top 10 economies in the world, an ind