|
Service by Trading Ideas - Your Trading Partner http://TradingIdeas.in/
Forum Toolbar Yahoo Chat Gmail Chat Google Groups
NCAER : NCAER ( National Council of Applied Economic Research, India ) a apex government body published a research report stating rising Inflation, instabilty in political front, rising input cost & terririsom factor adding fuel to hamper India Inc confidence.In its survey name " MacroTrack " , agency said the companies ( espacially Service Oriented Sector companies ) is not thinking this is right time to Invest on India. According to Survey Business Outlook of country saw a decline of 30 points from the last April Business Outlook. In July, the agency says that the Business Survey Index Confidenc than in April, recorded a decline of 22.9 points @ 125.8 points down from 148.5. This Survey display a picture for next 6 month Business Outlook based on Industries. Survey added that there is a decline of 19% on economy situation compared from previous quarter of Jan- March 08 and most effected secor is Service Sector.
Subscribe to:
Post Comments (Atom)
0 comments for this post