Business Confidence Index

Industry seeks hold on interest rates from RBI

Earlier, it was at 142.9 in the fourth quarter of 2021-22. It was 117.4 in the corresponding quarter last year

Improvement in overall conditions as well as expectations helped, the survey said

The Business Confidence Index (BCI) developed by the Delhi-based economic think tank NCAER rose 29.6 per cent between second and third quarter of the current financial year

Indicating signs of improvement, think-tank NCAER on Monday said its Business Confidence Index (BCI) rose 41.1 per cent in the July-September 2020 period

It fell 62 per cent in the June 2020 quarter on a year-on-year (y-o-y) basis, according to a survey by the National Council of Applied Economic Research (NCAER)

The NCAER Business Confidence Index (N-BCI) had declined 12.9 per cent in the September quarter