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Indian companies least confident worldwide: Markit survey

Indian companies least confident worldwide: Markit survey

Monday, March 13, 2017, 6:45 PM

Indian companies are least confident worldwide when it comes to business optimism as just 16% of firms expect overall output to expand over the next year, says a survey. According to the Markit India Business Outlook, the level of confidence of Indian private companies significantly declined in February from that of four months ago. In October 2016, 25% firms were optimistic about business output.
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