Phd Chamber Of Commerce

Delhi govt's removal of FDI in multi-brand retail to hit investments: India Inc

Last year, the central government permitted 51 percent FDI in the multi-brand retail trading and left its implementation on the states.

Decline in inflation gives RBI scope to cut interest, says India Inc

Continuing decline in food prices, including vegetables, pulled down the September wholesale price inflation to a five year low of 2.38 per cent.<br />

Latest IIP data not worrisome: Nirmala Sitharaman

Industrial production growth as measured by IIP slowed down to 5-month low of 0.4 per cent in August mainly due to contraction in manufacturing output and lower offtake of consumer goods.<br />

The candid message that the IIP numbers offer: Its too early to cheer on the Modi magic

The IIP numbers have dampened the sentiments the markets received after a 5.7 percent GDP growth logged in the first quarter of the current fiscal year.<br />

Factory output disappoints: Aug IIP hits 5-month low of 0.4%

India's industrial output grew a much slower-than-expected 0.4 percent year-on-year in August, dragged down by weak investments and consumer demand, government data showed on Friday.<br />

IIP growth reinforces economic turnaround, says India Inc

During April-August, 2014-15, the eight sectors have grown by 4.4 per cent, against 4.2 per cent in the year-ago period.<br />

RBI should have seized opportunity to cut interest rate: India Inc

RBI Governor Raghuram Rajan today left all key rates unchanged citing increased risks to inflation and difficult external situation especially on the geopolitical front.<br />

Manufacturing may not out be out of the woods, says India Inc

Decline in manufacturing output and lower offtake of consumer durables pulled down industrial production growth to 4-month low of 0.5 per cent in July.<br />

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

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.<br />

India Inc hails BRICS 'historic' pact to set up New Development Bank

The idea of establishing a development bank was conceived in Delhi in 2012 and approved in Durban last year.<br />