Despite the government taking measures to pep up the economy, the Business Confidence Index in India has seen no recovery in September 2012, according to the latest National Council of Applied Economic Research (NCAER) – MasterCard Worldwide Index of Business Confidence.High inflation, low industrial growth, a high current account deficit, coupled with a sharp currency depreciation have affected business sentiments adversely, the latest NCAER survey of Business Confidence said.Going forward, it, however, sounded optimistic on the back of the government taking measures to improve the economic health of the country.”The fresh wave of political decisions in mid-September, which included increase in Full Story Biz confidence in India shows no recovery: NCAER
Full Story Biz confidence in India shows no recovery: NCAER
via WordPress http://www.news365media.com/business-news/biz-confidence-in-india-shows-no-recovery-ncaer/
No comments:
Post a Comment
Note: only a member of this blog may post a comment.