Home Business Business confidence index rises in September quarter: CII

Business confidence index rises in September quarter: CII

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NEW DELHI: Confederation of Indian Industry‘s enterprise confidence index improved to 67.1 in the September quarter, reflecting strong macro fundamentals of India’s financial system regardless of international headwinds, CII stated on Sunday. The index confirmed a studying of 66.1 in the earlier quarter and 62.2 in the identical quarter final yr.
“The reading reaffirms the sustained positive momentum seen in a host of high frequency indicators such as GST collection, air & rail passenger traffic, PMIs, among others in the second quarter,” CII stated. companies


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