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    WALKINTG ON EGGS

    Apr 29, 2022 4 minutes
    BY ALOKESH BHATTACHARYYA

    ON A SEVEN-YEAR HIGH BCI rockets to its highest since Q2 of 2014-15

    TRY WALKING ON a bed of burning coal. Or a sheet of very thin ice. You feel exhilarated. Thrilled. You also feel frightened. Any slip would mean serious trouble. Yet, till that happens, you are on a high. That seems to be the emotion seeping through the latest edition of the BT-C Fore Business Confidence survey. On the face of it, the Indian economy has powerful headwinds battering it—inflation at high levels, the war in Ukraine leading to commodity price surges, Covid-19 just refusing to go away, questionable demand, falling productivity, rising fuel prices—one could go on.

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