Business confidence down 6.7% in Jan-Mar: Survey
The Business Confidence Index in India has dropped 6.7% quarter-on-quarter during the January-March quarter, according to a survey by think tank National Council of Applied Economic Research (NCAER). Further, the East Indian region showed the highest improvement in the index at 11.2% while the South fared the worst (-17.9%). The survey tracks the business sentiment of over 500 Indian companies.