Indian business environment News

Sentiment towards Indian business environment improved slightly in October, but the rise was less than expected as respondents were concerned about the general "malaise" in the economy and subdued demand globally, says a survey.

According to CII, the last 12 months have witnessed the drafting of new policies with respect to capital goods, chemicals, steel and textiles which are currently in various stages of finalisation.

A large number of companies exaggerate profits and indulge in corrupt practices to achieve higher growth, says a survey by global accountancy firm EY.