Canindia News
BUSINESS / ECONOMY

Consumer confidence recovers in April: Study

New Delhi, April 20 (IANS) Consumer confidence has recovered in April owing to cooling inflation and easing tensions between India and Pakistan after a war-like situation had developed, said a recent report.

Consumer confidence shows major gains and recovery in April, the index tracking the same is up 9.9 percentage points from March’s 6.8 percentage points, according to an Ipsos report.

“War clouds have receded, inflation is under control, the stock market is leaping up and the election speeches are full of rosy promises… all these are giving a strong boost to overall optimism and the buoyant mood of India,” said Parijat Chakraborty of Ipsos India.

–IANS

ravi/sn/mag/bg

Related posts

HCL net up 19% in Q3

Personal information of about 2 mn T-Mobile users leaked

‘Ayushman Bharat’ gets big boost in Budget

Leave a Comment