India's second Covid-19 wave rattles business confidence: Ficci survey

Emphasising the need for another fiscal package, a Ficci survey on Monday said the business sentiment in the country has been deeply impacted due to the second wave of coronavirus infections.
 
It said that the overall business confidence index has nosedived and stood at 51.5 in the current round after reporting a decadal high value of 74.2 in the previous survey round.
 
According to Ficci's Business Confidence Survey, there was a "sharp deterioration" in the optimism level of corporate India vis-a-vis the previous survey.
 
"Worsening current conditions, as well as muted expectations about the near-term prospects on