×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Chart of the Day | Business confidence is sinking

Chart of the Day | Business confidence is sinking
Comment E-mail Print Share
First Published: Tue, Aug 02 2011. 03 06 PM IST

Updated: Tue, Aug 02 2011. 03 06 PM IST
On Monday, the Prime Minister’s Economic Advisory Council said in a new report that high inflation, excessive domestic debt, the political situation and the weak global economy have eroded business confidence. Asset creation has taken a hit. In June, the Reserve Bank of India had said much the same thing in its latest report on the Indian economy. Various business confidence surveys show the problem in all its starkness.
Comment E-mail Print Share
First Published: Tue, Aug 02 2011. 03 06 PM IST