Hope and Despair
Jan 07, 2021
4 minutes
By MANU KAUSHIK
ILLUSTRATION BY SIDDHANT JUMDE
Worrisome Dip
BCI Falls to Record Low Level in October-December Quarter
Macro Update
Gap between exports and imports shrinks, inflation another bright spot
First things first! Business Confidence Index (BCI) has changed. For over nine years since BCI started, the survey has set the benchmark for gauging the mood of corporate India. But to improve upon the survey, we have tweaked the methodology in the latest survey. The good news is that in a sea of similar confidence surveys (most of which were commissioned after Business Today’s BCI), the new methodology has raised the game by measuring the sentiments with sheer precision.
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