TNPSC Thervupettagam

India slips to 7th position in business optimism ranking

November 10 , 2017 2442 days 1031 0
  • India has slipped in 'business optimism' index to the 7th position in the September quarter, from the 2nd slot in the previous three months.
  • The fall in the rank clearly shows clear signs of lag in the economy.
  • Indonesia is at the top, followed by Finland (2nd), the Netherlands (3rd), Philippines (4th), Austria (5th) and Nigeria (6th), as per Grant Thornton's International Business Report (IBR).
  • The IBR provides insight into the views and expectations of more than 10,000 businesses per year across 36 economies.

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