NEW DELHI: Confederation of Indian Industry‘s business confidence index improved to 67.1 in the September quarter, reflecting robust macro fundamentals of India’s economy despite global headwinds, CII said on Sunday. The index showed a reading of 66.1 in the previous quarter and 62.2 in the same quarter last year.
“The reading reaffirms the sustained positive momentum seen in a host of high frequency indicators such as GST collection, air & rail passenger traffic, PMIs, among others in the second quarter,” CII said. agencies