{"id":32756,"date":"2022-11-14T11:11:02","date_gmt":"2022-11-14T05:41:02","guid":{"rendered":"https:\/\/plyinsight.com\/?p=32756"},"modified":"2024-03-09T12:32:05","modified_gmt":"2024-03-09T07:02:05","slug":"business-confidence-still-low","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/business-confidence-still-low\/","title":{"rendered":"Business Confidence Still Low"},"content":{"rendered":"
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The Business Confidence Index (BCI) has dropped for the second successive quarter in 2022-23 (FY2023). It stood at 132.5 in the second quarter, down from 138.5 in the first quarter of FY2023, according to the latest round of the Business Expectation Survey (BES).<\/span><\/p>\n

Earlier, it was at 142.9 in the fourth quarter of 2021-22, while it was 117.4 in the corresponding quarter last year.<\/span><\/p>\n

The National Council of Applied Economic Research (NCAER), with support from the National Stock Exchange, Conducted the 122nd<\/sup> round of the BES in September, Covering 496 companies across India, It has been carrying out the BES every quarter since 1991, covering about 500 companies across four regions.<\/span><\/p>\n

The index reveals that although it has recovered from the lows of the pandemic year, the sentiment on three of the four BCI components softened namely,<\/span><\/p>\n

\u2018Overall economic conditions will be better in the next six months\u2019.<\/span><\/p>\n

\u2018Present investment climate is positive\u2019, and<\/span><\/p>\n

\u2018Present capacity utilization is close to or above optimal levels\u2019.<\/span><\/p>\n

The share of positive responses remained virtually unchanged between the two quarters, save for one component.<\/span><\/p>\n

\u2018Financial position of the firms will improve in the next six months.\u2019<\/span><\/p>\n

\u2018\u2019The sentiment on production, domestic sales, exports, imports of raw material, and new orders softened on FY2023, while expectations about ex-factory prices exhibited buoyancy\u2019\u2019.<\/span><\/p>\n

\u2018\u2019Notwithstanding a larger share of firms expecting ex-factory prices to rise, the sentiment on pre-tax profits weakened. The waning of sentiment was relatively higher for external parameters, compared to domestic ones,\u2019\u2019 the survey observed.<\/span><\/p>\n

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\"IMF's \u00a0 \"Century<\/p>\n

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\u0907\u0938\u0938\u0947 \u092a\u0939\u0932\u0947 2021-22 \u0915\u0940 \u091a\u094c\u0925\u0940 \u0924\u093f\u092e\u093e\u0939\u0940 \u092e\u0947\u0902 \u092f\u0939 142.9 \u0925\u0940, \u091c\u092c\u0915\u093f \u092a\u093f\u091b\u0932\u0947 \u0938\u093e\u0932 \u0907\u0938\u0940 \u0924\u093f\u092e\u093e\u0939\u0940 \u092e\u0947\u0902 \u092f\u0939 117.4 \u0925\u0940\u0964<\/span><\/p>\n

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\n\t\t\t\n\n<\/head>\n\n \n \"Natural\"\n \"Natural\"\n <\/marquee>\n<\/body>\n<\/html>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"The Business Confidence Index (BCI) has dropped for the second successive quarter in 2022-23 (FY2023). It stood at 132.5 in the second quarter, down from 138.5 in the first quarter of FY2023, according to the latest round of the Business Expectation Survey (BES). Earlier, it was at 142.9 in the fourth quarter of 2021-22, while [...]","protected":false},"author":1,"featured_media":32757,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3693],"tags":[],"class_list":["post-32756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-december-articles-22"],"yoast_head":"\nBusiness Confidence Still Low - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/business-confidence-still-low\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Confidence Still Low - PLY INSIGHT\" \/>\n<meta property=\"og:url\" content=\"https:\/\/plyinsight.com\/hi\/business-confidence-still-low\/\" \/>\n<meta property=\"og:site_name\" content=\"PLY INSIGHT\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PlyInsight\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-14T05:41:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-09T07:02:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/11\/Business-Confidence-Still-Low.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"225\" \/>\n\t<meta property=\"og:image:height\" content=\"225\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ply Insight\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@PlyInsight\" \/>\n<meta name=\"twitter:site\" content=\"@PlyInsight\" \/>\n<meta name=\"twitter:label1\" content=\"\u0926\u094d\u0935\u093e\u0930\u093e \u0932\u093f\u0916\u093f\u0924\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ply Insight\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u0905\u0928\u0941\u092e\u093e\u0928\u093f\u0924 \u092a\u0922\u093c\u0928\u0947 \u0915\u093e \u0938\u092e\u092f\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 \u092e\u093f\u0928\u091f\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/plyinsight.com\/business-confidence-still-low\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/plyinsight.com\/business-confidence-still-low\/\"},\"author\":{\"name\":\"Ply Insight\",\"@id\":\"https:\/\/plyinsight.com\/#\/schema\/person\/6ea1320d09fd2eeae3e26f1ca82a53b5\"},\"headline\":\"Business Confidence Still Low\",\"datePublished\":\"2022-11-14T05:41:02+00:00\",\"dateModified\":\"2024-03-09T07:02:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/plyinsight.com\/business-confidence-still-low\/\"},\"wordCount\":330,\"image\":{\"@id\":\"https:\/\/plyinsight.com\/business-confidence-still-low\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/11\/Business-Confidence-Still-Low.jpg\",\"articleSection\":[\"December Articles 22\"],\"inLanguage\":\"hi-IN\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/plyinsight.com\/business-confidence-still-low\/\",\"url\":\"https:\/\/plyinsight.com\/business-confidence-still-low\/\",\"name\":\"Business Confidence Still Low - 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