Slip, Trip And Fall
Business confidence falls for the second straight quarter as corporate leaders give the thumbs down to the Union Budget and remain sceptical of consumption pick up and future investments, finds the latest Business Today C fore Business Confidence Survey
Mumbai based Rajni Thakur is an economist working for RBL Bank. She spends 40 per cent of her work time interacting with clients hailing from automotive, start up, software, textiles and other sectors, and every week helps 150 odd clients take calls on interest rates and transactions in foreign exchange. Thakur says her clients' confidence level has dipped sharply over the past six months. "Before elections, there was a sense that things would get better after polls were over. But during this earnings season, most of the management speak has been around how consumption is going to slow down. Nothing fundamentally has changed in the economy, but we see
