India’s business sentiment saw a notable upswing in the April–June quarter of FY26, signaling optimism across sectors despite global economic headwinds. The National Council of Applied Economic Research (NCAER) reported a significant rise in its Business Confidence Index (BCI), reflecting improved perceptions around financial positions, demand outlook, and macroeconomic stability. The upward trajectory in confidence comes amid robust domestic consumption, moderating inflation, and steady investment activity.