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Business confidence outlook turns positive

The Confederation of Indian Industry Business Confidence Index (CII-BCI) has predicted a return to better business conditions than before the downturn. In the aftermath of Indian economy weathering global financial crisis successfully, India Inc is now upbeat on the country’s growth. According to CII survey findings, they hope economic growth to be in the range of 6-7 percent this fiscal but slackening global demand remains a major concern f ...