Business sentiments moderated in the second quarter of the 2025-26 after improving for three consecutive quarters due to global uncertainties, particularly the US policies including the imposition of additional tariffs , hike in H1-B visa fees, and tariffs on branded and patented pharmaceuticals, according the NCAER Business Expectations Survey for India, released on Monday.

The NCAER’s Business Confidence Index (BCI) for the second quarter of 2025-26 eased from 149.4 in the first quarter to 142.6 in the second quarter.

“After improving for three consecutive quarters, business sentiments moderated in the second quarter of the current fiscal compared to the first quarter. The BCI eased from 149.4 in 2025-26: Q1 to 142.6 in 2025−26:Q2,” the survey said. “However, compared to the correspo

See Full Page