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Industry body PHD Chamber of Commerce and Industry (PHDCCI) on Saturday emphasised on the need for the Centre's continuous handholding of the economy to mitigate the uncertainty caused by the looming impact of new Covid variant ...
Recovery impacted as supply chain disrupted, demand contracts: PHD Chamber By IANS | Published on Tue, May 11 2021 20:48 IST | 4 Views PHD Chamber of Commerce and Industry.. Image Source: IANS News New Delhi, May 11 : Re-emergence of Covid-19 cases in India and resultant partial lockdowns and curfews in many parts of the country in April have impacted the pace of economic recovery with disruptions in supply chains and contraction in demand, industry body PHD Chamber of Commerce and Industry has said in its latest research report. The "storm-like spread" of the pandemic will h...
Economic activity consolidated in a steady zone in March 2021 By IANS | 3 Views Post Covid: FY22 Budget to give ample opportunity for economic reset, growth. Image Source: IANS News New Delhi, April 10 : Economic activity consolidated in a steady zone in March 2021, said Sanjay Aggarwal, President, PHD Chamber of Commerce and Industry, in a statement issued on Saturday. Out of the 10 indicators of QET (Quick Economic Trends) of economic and business activity tracked by the industry body PHDCCI, 6 have performed positive in March 2021 of which passenger vehicle sales has shown a h...
Economy seen consolidating in March with hopes of double digit growth in FY 2021-22: PHD Chamber By IANS | Published on Sat, Mar 13 2021 14:21 IST | 9 Views PHD Chamber of Commerce and Industry President Sanjay Aggarwal. (twitter@Sanjayaggrwl). Image Source: IANS News New Delhi, March 13 : Economic activity is expected to consolidate in March 2021 as the Covid-19 impacted difficult financial year 2020-21 is winding down with new hopes for the next financial year with a great growth trajectory of Indian economy, said Sanjay Aggarwal, President, PHD Chamber of Commerce and I...
Expectations that the country's GDP would record growth in the third and fourth quarters of 2020-21 are getting stronger on account of various reforms undertaken by the government in the last ten months, PHDCCI said on Saturday. It said out of the 10 indicators of QET (Quick Economic Trends) of economic and business activity tracked by PHDCCI, nine have performed positive. The Indian economy shrunk by a record 23.9 per cent in June quarter and saw a contraction of 7.5 per cent in second quarter. "On the back of various reforms undertaken by the government in last 10 months along with a de...