Confidence levels in the business environment rose for five consecutive quarters before a correction in the latest Business Today-C fore Business Confidence Survey.
Business sentiment improved for the fifth quarter running despite little evidence of better times in the offing, reveals the Business Today-C fore Business Confidence Survey.
The latest Business Today-C fore Business Confidence Survey found that sentiment among corporate leaders is at a record low since the survey was started. On a scale of 100, the confidence level is at 48.2 in the second quarter of 2013/14, down from 48.7 in Q1 and 54.4 in Q4 FY13.
Prices of clothes sold at Future Group's retail stores have gone up for the first time in 15 years. At least some shoppers should have turned away. Instead, MD and CEO Kishore Biyani says he is "very surprised to see" consumers getting used to inflation-led pricing. The first BT-C fore Business Confidence Survey shows that rapidly rising prices are not a big worry because consumption demand remains strong.
The second BT-C fore Business Confidence Survey shows companies have lost the optimism they displayed in the first. They are worried, both for their profits and the economy.
The fourth Business Today-C fore Business Confidence Survey reveals widespread pessimism about the country's business prospects.
Business confidence, which had just begun to recover, took a fresh hit with the unveiling of Budget 2012/13, as corporate houses grappled with the uncertainty and the impact of the new tax policies, says Business Today-C fore's latest survey.
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