THE recent macroeconomic stability — its vulnerability to potential internal slippages and external shocks notwithstanding — has pushed business confidence into ‘positive territory’ for the first time in three years, according to a survey conducted by the Overseas Investors Chamber of Commerce and Industry in March-April, before the escalation of tensions with India. Looking ahead, the survey reported increased optimism for the next six months, with 45pc of the respondents expressing positive expectations due to economic growth, and improved government policies, investment climate and security. Yet they highlighted........

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