According to the Business outlook survey done by Confederation of Indian Industry (CII), Business confidence is seems to be very high in the new government led by Narendra Modi.
“Indicating a sharp improvement in investors’ sentiments amidst heightened expectations that the new government means business along with some improvement in basic macro indicators, the CII Business Confidence Index (CII-BCI) for the April-June 2014 quarter has moved up to 53.7 from 49.9 in the previous quarter,” the CII said.
