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Industry: Business confidence index dips by 3.4%: NCAER survey |
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Due to financial market volatility, Business Confidence Index (BCI), the barometer for measuring the moods of the country’s corporate sector, saw a dent in optimism with the BCI slipping from 154 in the previous survey of January 2008 to 148.7 in the post-budget round or a decline of 3.4 per cent.
In the latest quarterly review of business expectations survey released by the National Council of Applied Economic Research (NCAER), it was stated that the 2008-09 Union Budget was presented at a ti ...
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