Looking Up
Business Today|February 10, 2019

Business confidence rises moderately in the run-up to general elections as corporate leaders expect status quo on microeconomic and macroeconomic indicators, finds the latest Business Today-C fore Business Confidence Survey.

Manu Kaushik
Looking Up

It’s hard to say if a new government at the Centre affects economic growth or not but that has been the perception among a number of corporate leaders and economists for years. There is always a fear of change even if there is no evidence to suggest that a change in government slows economic growth. In the latest Business Confidence Index (BCI) survey for the October-December quarter, 43 percent respondents believed a new government at the Centre could impede GDP growth; 40 percent thought otherwise.

Sujan Hajra, Chief Economist at Anand Rathi Financial Services, says since 1991, there have been six different prime ministers, and none of them have reversed the reforms of the previous governments. “The flagship schemes of this government, whether it is DBT (Direct Benefit Transfer), GST (Goods and Services Tax) or Aadhaar, were there in the previous government too. The pace, priorities and composition of the reforms can change but I don’t see the direction of the reforms changing,” he says.

هذه القصة مأخوذة من طبعة February 10, 2019 من Business Today.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 10, 2019 من Business Today.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESS TODAY مشاهدة الكل
'Gap between haves and havenots is narrowing"
Business Today India

'Gap between haves and havenots is narrowing"

Tanvee Gupta Jain, Chief India Economist of UBS Securities India, on India's consumption story and the risks to the Indian economy

time-read
4 mins  |
December 08, 2024
Rural Hope, Urban Fears
Business Today India

Rural Hope, Urban Fears

Industry enthused by signs of a revival in rural demand, but fresh concerns emerge over urban consumption

time-read
3 mins  |
December 08, 2024
CRASH LANDING
Business Today India

CRASH LANDING

The Supreme Court's order to liquidate Jet Airways, after prolonged insolvency proceedings, brings the focus back on the actual effectiveness of IBC

time-read
3 mins  |
December 08, 2024
Indictment and its Aftermath
Business Today India

Indictment and its Aftermath

US prosecutors' decision to press charges against Gautam Adani and others in a case of alleged bribery could hit the group's ambitious expansion plans

time-read
3 mins  |
December 08, 2024
"Moving to cloud helped us grow❞
Business Today India

"Moving to cloud helped us grow❞

What was the problem you were grappling with?

time-read
1 min  |
November 24, 2024
She's Got Time
Business Today India

She's Got Time

MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP

time-read
3 mins  |
November 24, 2024
RISING STAR
Business Today India

RISING STAR

PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.

time-read
1 min  |
November 24, 2024
Building on a Legacy
Business Today India

Building on a Legacy

WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.

time-read
1 min  |
November 24, 2024
LEADER IN INNOVATION
Business Today India

LEADER IN INNOVATION

AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.

time-read
1 min  |
November 24, 2024
WAITING IN THE WINGS
Business Today India

WAITING IN THE WINGS

Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025

time-read
1 min  |
November 24, 2024