The confidence level of India Inc is on the rise, as it is clear that India, like the rest of the world, is slowly emerging out of the recession. Jobs are back and India Inc is witnessing an upsurge of 15 percent in hiring trend, thanks to the improving economic climate. Eighty per cent of the companies believe that the Indian economy is on the road to recovery, says experts.
Banker of the banks, World Bank, extended its support to India by approving loans worth $4.3 billion. The loans would enable financing infrastructure development in the country and in supporting some of the state-run banks, as the Indian economy revives from the global meltdown.
Are the clouds of recession lifting over the Indian economy?
Do you think that layoffs and salary cuts may not be the order of the day anymore?
Banker of the banks, World Bank, extended its support to India by approving loans worth $4.3 billion. The loans would enable financing infrastructure development in the country and in supporting some of the state-run banks, as the Indian economy revives from the global meltdown.
Are the clouds of recession lifting over the Indian economy?
Do you think that layoffs and salary cuts may not be the order of the day anymore?