BT-C Fore Business Confidence Index Falls, 500 CEOs & CFOs Surveyed For Study

India is one of the shining spots on the world economic map. No one denies that. Even as Western economies teeter on the verge of recession, India continues to lead the world in growth rate. But is all really well? Seemingly no. The Business Today-C Fore Business Confidence Index has slid to its lowest in 15 months. The reason, it’s a mix of rate hikes, a dip in merchandise exports, and other factors. And, the worse may be yet to come. Here’s a detailed report.