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Business outlook: Business confidence index jumps to 149.4 in April-June; NCAER survey flags optimism in sales
Business outlook: Business confidence index jumps to 149.4 in April-June; NCAER survey flags optimism in sales

Time of India

time6 days ago

  • Business
  • Time of India

Business outlook: Business confidence index jumps to 149.4 in April-June; NCAER survey flags optimism in sales

India's business sentiment saw a sharp uptick in the April-June quarter, with the Business Confidence Index (BCI) rising to 149.4 from 139.3 in the previous quarter, according to the latest Business Expectations Survey by the National Council of Applied Economic Research (NCAER). The index is built on four key components: expectations of overall economic improvement over the next six months, anticipated improvement in firms' financial positions, views on the present investment climate, and whether capacity utilisation is close to or above optimal levels, PTI reported. NCAER noted that more than 60% of respondents expressed positive views across all four parameters. 'The share of positive responses remained above 60% for each component, and every component exhibited an improving trend compared to the previous quarter,' the think tank said. Optimism around production and domestic demand was particularly strong. Around 78.7% of firms said they expect production to rise in the next six months, while 79.1% anticipated an increase in domestic sales. Export sentiment also strengthened, with 66.5% of respondents expecting a rise in outbound shipments of finished goods. Firms were also more positive about their import requirements, with 54.3% expecting an increase in raw material imports, up from 46.1% in the previous quarter—a sign of expected acceleration in domestic manufacturing activity. Nearly 61% of companies surveyed expected pre-tax profits to rise over the next six months, indicating continued buoyancy in business operations. However, this optimism was not reflected in the labour market outlook. Hiring and wage expectations remained unchanged, suggesting a stagnation in employment sentiment. 'With moderation in costs, firms were more optimistic about the next six months,' said NCAER Professor Bornali Bhandari, who led the survey. The survey, conducted in June, covered 479 companies across six major Indian cities. Stay informed with the latest business news, updates on bank holidays and public holidays .

India's business confidence index rises to 149.4 in April-June: NCAER
India's business confidence index rises to 149.4 in April-June: NCAER

Economic Times

time7 days ago

  • Business
  • Economic Times

India's business confidence index rises to 149.4 in April-June: NCAER

Synopsis The Business Confidence Index (BCI) surged to 149.4 in April-June 2024-25, up from 139.3 in the previous quarter, driven by positive expectations across key economic indicators. A majority of firms anticipate increased production, domestic sales, and exports, signaling strong business optimism. However, this positive sentiment hasn't translated into improvements in the labor market, with hiring and wage expectations remaining stagnant. AI generated image for representation purposes. The Business Confidence Index (BCI) rose sharply to 149.4 in the April-June period from 139.3 in the last quarter of 2024-25, according to the Business Expectations Survey of National Council of Applied Economic Research (NCAER). NCAER in a statement said the BCI is based on four components -- overall economic conditions to improve in next six months, financial position of firms will improve in the next six months, present investment climate and whether present capacity utilisation was close to or above optimal level. The share of positive responses across the four components remains above 60 per cent in the first quarter and also each component exhibited improving trend compared to the preceding quarter, the statement added. Majority of respondents expected production (78.7 per cent) and domestic sales (79.1 per cent) to increase in the next six months. The statement said sentiments about export of final products also improved (66.5 per cent) in the first quarter of the current fiscal year. Percentage of firms expecting import of raw materials to rise also increased (54.3 per cent) from the preceding quarter (46.1 per cent), signalling a push in domestic production activities, it added. Regarding sentiments about pre-tax profits, nearly 61 per cent of firms expected them to rise, indicating continued buoyancy. However, the statement said buoyancy in business sentiments was not reflected in the labour markets that showed signs of stagnation with both sentiments about hiring and expectations of wage rates remaining unchanged over the next six months. NCAER's Professor Bornali Bhandari, who led the survey, said, "With moderation in costs, firms were more optimistic about the next six months." The quarterly survey was carried out in June, covering 479 companies spread across six cities, the statement added.

India's business confidence index rises to 149.4 in April-June: NCAER
India's business confidence index rises to 149.4 in April-June: NCAER

Time of India

time7 days ago

  • Business
  • Time of India

India's business confidence index rises to 149.4 in April-June: NCAER

The Business Confidence Index (BCI) rose sharply to 149.4 in the April-June period from 139.3 in the last quarter of 2024-25, according to the Business Expectations Survey of National Council of Applied Economic Research ( NCAER ). NCAER in a statement said the BCI is based on four components -- overall economic conditions to improve in next six months, financial position of firms will improve in the next six months, present investment climate and whether present capacity utilisation was close to or above optimal level. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program The share of positive responses across the four components remains above 60 per cent in the first quarter and also each component exhibited improving trend compared to the preceding quarter, the statement added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Majority of respondents expected production (78.7 per cent) and domestic sales (79.1 per cent) to increase in the next six months. The statement said sentiments about export of final products also improved (66.5 per cent) in the first quarter of the current fiscal year. Live Events Percentage of firms expecting import of raw materials to rise also increased (54.3 per cent) from the preceding quarter (46.1 per cent), signalling a push in domestic production activities, it added. Regarding sentiments about pre-tax profits, nearly 61 per cent of firms expected them to rise, indicating continued buoyancy. However, the statement said buoyancy in business sentiments was not reflected in the labour markets that showed signs of stagnation with both sentiments about hiring and expectations of wage rates remaining unchanged over the next six months. NCAER's Professor Bornali Bhandari, who led the survey, said, "With moderation in costs, firms were more optimistic about the next six months." The quarterly survey was carried out in June, covering 479 companies spread across six cities, the statement added.

Business confidence index rises to 149.4 in April-June: NCAER
Business confidence index rises to 149.4 in April-June: NCAER

News18

time7 days ago

  • Business
  • News18

Business confidence index rises to 149.4 in April-June: NCAER

New Delhi, Aug 5 (PTI) The Business Confidence Index (BCI) rose sharply to 149.4 in the April-June period from 139.3 in the last quarter of 2024-25, according to the Business Expectations Survey of National Council of Applied Economic Research (NCAER). NCAER in a statement said the BCI is based on four components — overall economic conditions to improve in next six months, financial position of firms will improve in the next six months, present investment climate and whether present capacity utilisation was close to or above optimal level. The share of positive responses across the four components remains above 60 per cent in the first quarter and also each component exhibited improving trend compared to the preceding quarter, the statement added. Majority of respondents expected production (78.7 per cent) and domestic sales (79.1 per cent) to increase in the next six months. The statement said sentiments about export of final products also improved (66.5 per cent) in the first quarter of the current fiscal year. Percentage of firms expecting import of raw materials to rise also increased (54.3 per cent) from the preceding quarter (46.1 per cent), signalling a push in domestic production activities, it added. Regarding sentiments about pre-tax profits, nearly 61 per cent of firms expected them to rise, indicating continued buoyancy. However, the statement said buoyancy in business sentiments was not reflected in the labour markets that showed signs of stagnation with both sentiments about hiring and expectations of wage rates remaining unchanged over the next six months. NCAER's Professor Bornali Bhandari, who led the survey, said, 'With moderation in costs, firms were more optimistic about the next six months." The quarterly survey was carried out in June, covering 479 companies spread across six cities, the statement added. PTI BKS TRB TRB view comments First Published: August 05, 2025, 17:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

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