Biz sentiments moderate in 2nd quarter FY26 due to global uncertainties: NCAER Survey

Indian business confidence dipped in the second quarter of fiscal year 2025-26. This moderation followed three quarters of improvement. Global uncertainties, including new US tariffs, impacted sentiments. GST reforms and tax rate reductions are expected to influence future quarters. The Business Confidence Index saw a slight decrease. Positive responses remained above 50 percent for key components, indicating slower growth momentum.