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CII Business Confidence index rises markedly in Apr-Jun 2016

26 Jul '16
3 min read


As many as 40 % of the firms felt that a turnaround in the global economy is required to jumpstart the private investment cycle. Nonetheless, a 43% of them felt that high government spending was instrumental in bringing about the turnaround in corporate sector earnings in the January-March 2016 quarter.

Firms, when asked to rank their concerns, rated low domestic demand, fragile global economic recovery and lack of political consensus on economic reforms as their top three concerns, the release noted. (SH)

Fibre2Fashion News Desk – India

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