India’s business sentiment rebounded in the second quarter of this fiscal year, with the Business Confidence Index (BCI) rising to 107.8 from 99.8 in the April–June quarter, ending a four-quarter period of moderation driven by ongoing geopolitical tensions, according to the latest NCAER Business Expectations Survey.
Conducted in September by the National Council of Applied Economic Research (NCAER), the survey sampled 502 companies across different sizes in six major cities: Delhi NCR in the north, Bengaluru and Chennai in the south, Kolkata in the east, and Mumbai and Pune in the west.
