The analysis by PHDCCI was based on the IMF database on the GDP growth of the countries according to their GDP growth rates for 2019, 2020, 2021, and 2022 and the projections for 2023.
"It's a huge shock, but at the same time, a huge opportunity, I think, for Indian ecosystem, to have its own bank for the money which is being used by Indian startups to be in India," said Saket Dalmia, President, PHD Chambers and Commerce and Industry.
New Delhi [India], February 18 (ANI/GPRC): CanSupport will hold its 16th Annual Walkathon titled 'Walk for Life - Stride Against Cancer' at Kartavya Path, New Delhi on Sunday, 19th February 2023 in association with PHD Chamber of Commerce and Industry. This is one of the first Walkathons bei
The Union Finance Minister stated that capital expenditure has the potential to benefit a range of core industries, making it an effective way to ensure that money is directed to the right places and generate multiplier effects.
New Delhi [India], February 15 (ANI/ATK): With an aim to educate healthcare professionals about the use of Cannabidiol (CBD), Awshad Delhi-NCR-based cannabis wellness startup organized a Medicial Cannabis Workshop on February 10, at the prestigious PHD chamber, New Delhi.
"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