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PHD Chamber News

26 Nov 2016

Rs 500, Rs 1000 notes scrapped on advice of RBI: Ravi Shankar Prasad

Law and IT Minister Ravi Shankar Prasad on Saturday said the decision to scrap Rs 500/1000 notes was taken by the government on the recommendation of the Reserve Bank of India.

07 Aug 2015

Keep agri-produce out of GST ambit: PHD Chamber

Arguing that expenses related to food constitute a sizeable portion of lower-income households, PHD Chamber Friday said that agriculture and agri-produce including food processing industry should be kept out of GST.

02 Aug 2015

RBI should cut key rates by at least 0.50%, PHD chamber urges

Pointing out that India's real rate of interest has reached a 10-year high, PHD Chamber has exhorted the RBI to slash the benchmark rate by at least 50 basis points in the monetary policy review on Tuesday.

05 Jul 2015

Food inflation not much correlated with monsoon: Study

Monsoon behaviour is not much related to higher prices of food items and inflation is expected to remain subdued this year despite good or bad monsoon, PHD Chamber said in the study.

17 Jan 2015

Improving macro-economics to boost investors' confidence: PHD Chamber

According to the industry chamber`s President Alok B.Shriram, the macro-economic situation of the country has improved in terms of inflation, industrial output (IIP), core infrastructure and exports.

20 Jul 2014

Monsoon revival to help economy grow at 5.9%: PHD Chamber

According to the Indian Meteorological Department, heavy rains that covered the entire country have narrowed the monsoon deficit to 36 percent from 45 percent in earlier weeks.

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