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India ranks 34th out of 60 in business growth environment: Sep 16, In the Grant Thornton Global Dynamism Index GDIwhich ranks business growth environments of 60 leading economies, India was ranked at the 34th place, registering a gain of 14 places since the last version of the index, largely driven by a strong and productive workforce.
However, India was ranked 53rd out of 60 in the GDI when it comes to its business operating environment, the report said, adding that "a poorer regulatory environment and a lack of investment in science and technology dragged down India's overall ranking".
Six in ten cite low cost labour as a reason to choose the country, while 45 per cent say the availability of skilled workers. On the other hand, international investors also recognise that the country s business operating environment requires improvement. Globally, Singapore offers the best business growth environment for dynamic businesses as a result of a strong financing and regulatory environment, followed by Israel and Australia in the second and third place, respectively.
Finland and Sweden were ranked in the 4th and 5th place across the world due to favourable business operating environments and an advanced technology infrastructure. The Grant Thornton Global Dynamism Index GDI is an annual research project designed by the Economist Intelligence Unit and commissioned by Grant Thornton, which ranks the development of the business growth environments of 60 of the world's largest economies over the past 12 months.outlook for is far from stable.
This uncertainty is weighing heavily on global business growth prospects.
Both revenue growth - down 13% (from 56% to 43%) - and profit growth - down 11% (from 43% to 32%) - prospects have fallen globally. In both China (37%) and the US (35%), revenue growth expectations dropped 33%. This report is a public statement of Grant Thornton’s commitment to provide high-quality assurance, tax and advisory services to businesses and organizations operating throughout the world.
05/02/ Mar 13, · Starting from a global perspective, the Grant Thornton report indicates that the proportion of women in senior management increased by only 1% in the last year, from 24% in .
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Our women in business report looks at how to facilitate the career paths of women into senior management and offers 12 recommendations to society, government, businesses and women themselves about how to better support female advancement.