Around 80 percent of the respondents expect inflation to stay below 5 percent for the current fiscal
This year’s Budget did not enthuse corporates and investors as much as the finance minister would have liked
Consumption pulls investments and to revive India’s economy; that’s where the push should be.
The reasons for plummeting optimism are all too familiar. Companies are worried about a slowing economy, public policies, weak sales, rupee depreciation, lack of skilled labour and even water shortages.
The metric saw a pick-up compared to the previous quarter, but fell 2.6 per cent as against the same period of the previous year. The Dun & Bradstreet Composite Business Optimism Index stood at 78.9 during April-June of 2017, down 2.6 per cent from a year ago.
Indian companies are least confident worldwide when it comes to business optimism as justn16 per cent of firms expect overall output to expand over thennext year, says a survey.
Business confidence for the January-March quarter of 2017 plunged to a 31-quarter low as severe cash crunch heightened the degree of uncertainty amongst companies and dented their optimism, says a survey.
Credit ratings agency Fitch forecast on Wednesday that investment in the British economy will fall 5 percent next year, two days after it downgraded Britain's credit rating after last week's vote to leave the European Union
The business confidence fell 6.7 percent in the fourth quarter last fiscal, signalling subdued sentiments, says an NCAER survey
"Business sentiment for April showed that confidence fell for a second consecutive month, albeit marginally, as firms' financial position deteriorated," MNI India Business Sentiment Indicator report said.
The MNI India Business Sentiment Indicator, a barometer of confidence among companies on the Bombay Stock Exchange, climbed to 62.3 in October from 61.4 in September, said MNI Indicators, which produces the survey.
The manufacturing sector showed double digit decline in all four sectors - consumer durables, non-durables, intermediates and capital goods.
In this quarter, the NCAER's business confidence index (BCI) has fallen 6.9 percent from levels seen in the previous quarter.
The Grant Thornton global survey shows 98% of India Inc is optimistic about the economy, which is well above the global average of just 41%.
The tri-annual survey, published on Monday, looked at expectations for the year ahead across 6,100 manufacturing and services companies worldwide.
The survey - conducted between October 21 and 23 - includes CFOs from companies such as Unilever and Lenovo. It also showed that employment figures could be about to get a boost.
Ashok Wadhwa, group CEO, Ambit explains, in an interview to CNBC-TV18, that the government and India Inc must team up to boost biz sentiment.
India Inc's business confidence for the October-December quarter is witnessing signs of "turnaround" on account of recent reforms push, which has lifted domestic sentiment and renewed foreign investors interest as well, says research firm Dun & Bradstreet.
Fall in business confidence has affected air travel around the globe, including in India and China, which indicates further slowdown in passenger traffic in the months ahead, IATA said today.
Global economic uncertainty and soaring inflation, coupled with persistent high interest rates, are likely to hurt the business confidence in the current quarter, US-based research firm Dun and Bradstreet said today.
PN Vijay, portfolio manager, pnvijay.com joins CNBC-TV18 to give his reaction to the July IIP numbers and opine on what he expects of the upcoming RBI meet.
Stressing that growth is much slower than expected, think tank OECD today said recovery seems to have stalled in major developed nations, amid declining business confidence hurting global trade as well as employment.
Every year the opening of the World Economic Forum (WEF) annual meeting in Davos is marked by PwC’s Global CEO Survey. In an interview with CNBC-TV18's Menaka Doshi, Dennis Nally, Global CEO of PwC spoke about the survey and the sense he has got from speaking with business leaders across the world.
China's business confidence index rose to 137 in the fourth quarter of 2010 from 135.9 in the third quarter, the National Bureau of Statistics said on Friday.