Is the Indian economy turning around? Yes? No? Maybe?

  • Live Mint
  • Updated: Nov 27, 2015 12:45 IST
India may be projected to grow at 7.5% in 2015-16, outpacing even China, but a slowing rural economy can pose major hurdles in sustaining this turnaround. (Reuters)

November’s MNI India Business Confidence Index, from the Deutsche Börse Group, finds that business sentiment fell to the lowest level since February 2014, with companies seeing little chance of a revival over the coming months.

This comes a day after another survey—ANZ-Roy Morgan India Consumer Confidence Index—saw consumer confidence rising sharply in November. What explains these contrary indicators?

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