India at 7th Position in Business Optimism Ranking

Posted on:09 Nov 2017 11:52:03
India at 7th Position in Business Optimism Ranking
09 November 2017 Current Affairs: India slipped in 'business optimism' index to the 7th position in the September quarter, from the 2nd slot in the previous three months, showing clear signs of lag in the economy, as per Grant Thornton's International Business Report (IBR).

Indonesia is at the top, followed by Finland (2nd), the Netherlands (3rd), Philippines (4th), and Austria (5th). According to the quarterly global survey on business optimism.

Indian businesses have expressed low confidence over revenue expectations in the next 12 months.

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