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Indian CEOs ready for challenges of a post-pandemic world: PwC

New Delhi [India], April 16 (ANI): Nearly 88 per cent of Indian CEOs are confident about global economic growth improving over the next 12 months while 70 per cent are confident about their own revenue growth in the same period, according to the latest PwC's 24th Global CEO Survey. ....

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As Covid spreads, 70% Indian CEOs see revenue growth in FY22: PwC survey

At least 70 per cent Indian chief executive officers (CEO) are confident of clocking revenue growth in Financial Year 2021-22 (FY22), said an annual survey by PwC on Wednesday, reflecting business sentiment as a second of Covid-19 infections threatens the country’s nascent economic recovery.
The report follows the International Monetary Fund’s (IMF) growth projections for India. The IMF’s January 2021 World Economic Outlook projected India’s economy to grow by 11.5 per cent in 2021, making it the only major country with a double-digit growth forecast, PwC said.
At least 88 per cent CEOs expected global economy to improve in 12 months. According to Fitch Ratings, global gross domestic product declined by 3.4 percent in 2020. The Covid-19 pandemic remains the top threat for growth, according to the CEOs. Seven out of 10 of them consider the pandemic as a top threat to growth. As many as 53 per cent CEOs said uncertain economic growth is among top threats to their ....

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Maharashtra curfew: Half of factories may remain shut for next fortnight

Half of the manufacturing units in Maharashtra could remain shut for the next fortnight as the state’s new Covid-19 norms come into effect. These include appliance and apparel makers, which fall in the non-essential category.
On Tuesday, Chief Minister Uddhav Thackeray announced a 15-day statewide curfew and a host of other restrictions to contain the spread of the coronavirus.
According to the order, all factories producing essential goods and services will remain operational at full capacity. Export-oriented units will remain open to fulfil their export obligations. Industries that require continuous manufacturing, too, can operate with 50 per cent workforce. Relaxation has also been provided for factories that offer in-house accommodation. But, all other factories must stop their operations for the next 15 days. ....

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Covid restrictions or lockdown? Here's what Indian Inc wants

Covid restrictions or lockdown? Here's what Indian Inc wants
indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.

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India Inc says 'Aye' to containment, 'Nay' to lockdowns

Indian CEOs believe that partial lockdown to fight COVID-19 infection could impact the movement of labour as well as movement of goods, in turn affecting industrial production significantly ....

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