Biz sentiment: CII-BCI rises for 3rd straight quarter to 66.5; firms upbeat on outlook

Indian businesses are feeling more optimistic, with the CII Business Confidence Index hitting a five-quarter high. Strong domestic demand, boosted by GST cuts and festive spending, is driving this positive outlook. Firms anticipate further demand growth and robust investment and hiring intentions, signaling continued economic momentum.

Biz sentiment: CII-BCI rises for 3rd straight quarter to 66.5; firms upbeat on outlook
Indian businesses are feeling more optimistic, with the CII Business Confidence Index hitting a five-quarter high. Strong domestic demand, boosted by GST cuts and festive spending, is driving this positive outlook. Firms anticipate further demand growth and robust investment and hiring intentions, signaling continued economic momentum.