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CFO Confidence in Indian Economy touches a New High by means of augmented Spending and Investment

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According to a press release 93% of CFOs are likely to increase expenditure on business travel and 100% of the Indian CFOs will increase spending and investment, despite the fact that 86% of the Indian CFOs expect Indian economy to be able to increase in excess of the next year, It’s been stated that 79% of the Indian CFOs foresee expansion in the domestic economy as the key driver aimed at business growth and 77% Indian respondents expect their company’s sales to increase the most in the Indian subcontinent

Senior Indian finance executives are being bullish about the domestic economy and the balance is taking a paradigm shift en route for a growth outlook braced with business confidence which is on a new high as has been clearly reflected in the seventh annual American Express/CFO Research Global Business and Spending Monitor. A prodigious 100% entailing the Indian CFOs plan to increase their spending and investment activities this year.

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Jawed Akhtar

A Journalist by interest and a Music Enthusiast by passion. Wedded to Mother Nature, Jawed indulges his aesthetics in travelling and reading books of varied genres. Having covered News stories for top Dailies in his formative years, that is, he is game for tryst with Technology at Techmagnifier.

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