After seven successive quarters of decline, the Federation of Indian Chambers of Commerce and Industry's (Ficci) overall business confidence index has increased in the OctoberDecember 2008 with less number of respondents saying economic situation has worsened.
But five out of six operational indices like selling price index and profits index are in the negative territory meaning that the proportion of people expecting an increase in selling or profits are outnumbered by those who think otherwise.
The economic and industrial performance may have reached a trough and it would