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.
Afflicted by weakened business outlooks in China and other emerging markets, the YPO Global Pulse Confidence Index for Asia experienced its largest single-quarter decline in the history of the four-year series, according to the latest YPO poll of CEOs.
After rallying 4.3 points in January to its highest level since July 2011, the YPO Global Pulse Confidence Index for Asia inched down just 0.1 point to 64.2 in April, with declines in Chinese confidence offset by rising optimism in Japan.