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CII Business Confidence Index scores all-time high in Jan-March quarter

CII Business Confidence Index scores all-time high in Jan-March quarter

Amidst expectations that economic activity would gather pace in the current year, there is optimism among companies that green shoots of recovery, which have started becoming evident, would be sustained. This finds a reflection in the CII Business Confidence Index (BCI) which has gone up to an all-time high of 64.1 during the fourth quarter of 2016-17 as against 56.5 recorded in the previous quarter.