<p>Results of the Ficci’s Business Confidence Survey of 359 companies for the second quarter of fiscal 2010-11 showed that even though 86 per cent of them expected the lending rates to further go up, 75 per cent said investments would go ahead as planned.<br /><br />In fact, half of those covered in the survey said that they would even “scale up their investment in the next six months.”<br /><br />Indian economy grew by 8.8 per cent in the first quarter of the current fiscal and the year is expected to end with a GDP (Gross Domestic Product) expansion of 8.25-8.50 per cent, by different estimates, including RBI.</p>
<p>Results of the Ficci’s Business Confidence Survey of 359 companies for the second quarter of fiscal 2010-11 showed that even though 86 per cent of them expected the lending rates to further go up, 75 per cent said investments would go ahead as planned.<br /><br />In fact, half of those covered in the survey said that they would even “scale up their investment in the next six months.”<br /><br />Indian economy grew by 8.8 per cent in the first quarter of the current fiscal and the year is expected to end with a GDP (Gross Domestic Product) expansion of 8.25-8.50 per cent, by different estimates, including RBI.</p>