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Based on the responses received, it was observed that five out of the six optimism
indices improved as compared to same quarter last year. Optimism for net profit
stood at a 7-quarter high.
The survey for Dun & Bradstreet Business Optimism Index for Q3 2016 was conducted
in the month of June 2016 at a time when forecast from IMD and other agencies suggested
better monsoons this year. Other factors that might have helped in improving the
optimism level was the Government's continued focus on strengthening the economy
with various reform announcements.
The banking industry is an integral part of our economy and plays a vital role in
providing the much needed support for the industrial growth in India. Dun & Bradstreet
has been closely monitoring the key sectors that contribute to the country's economy.
In particular, we have been tracking the banking sector since 2007 through our premium
property 'India's Top Banks & Banking Awards'. Dun & Bradstreet, in association
with Cedar Management Consulting, is pleased to announce the launch of the 2016
edition of India's Top Banks. The publication,India's Top Banks 2016, is a leading
compendium on the Indian banking industry comprising of the top scheduled commercial
banks (SCBs) in India. We will also felicitate the best performing banks across
19 categories through the Dun & Bradstreet - Cedar Management Consulting Banking
The Insurance sector in India has come a long way, evolving and significantly contributing
towards India’s GDP. The next several years in the Indian financial market comprising
the Insurance industry, could broadly be termed as the “age of the consumer experience”.
Today, Insurance companies worldwide are increasingly creating value by using digital
tools and technology in a number of innovative ways to reap the benefits of the
digital era. Moreover, due to rising customer expectations, insurers should aspire
to become digital firms so as to address the new-age challenges, thereby building
greater customer loyalty, cutting costs and improving profitability. The conclave
will focus on the overall insurance sector (both life & general), need for product
innovation & changing dynamics of the distribution model due to digital transformation.
A wave of sell-offs is spreading across world stock markets, leading to a ‘risk-off’
scenario where investors favour investments that are seen as being lower risk. The
Indian financial market is also feeling the heat, with the BSE Sensex exchange tumbling
by 900 points in its opening session after the referendum result, while the Indian
currency weakened to around 68 rupees to the US dollar.
Companies are turning to data and their insights to drive revenue and surface new
opportunities. But that process requires heavy lifting and having data that you
can trust. Poor data quality is one of the biggest problems in the B2B tech industry
today—and often, by the time that issues come to fruition, revenue will already
be lost. But just how pervasive is the problem?