New Delhi, Oct. 23 -- Business confidence in India improved in the second quarter of the current fiscal year after declining for four consecutive quarters, with firms reporting better expectations for production, domestic sales and exports despite continued global tensions, according to a survey by the National Council of Applied Economic Research (NCAER).

The Business Confidence Index (BCI) rose to 107.8 in Q2 FY2026-27 from 99.8 in the first quarter, according to NCAER's latest Business Expectations Survey. However, the index remained below the 142.6 recorded in the corresponding quarter of the previous fiscal year.

The survey was conducted in September and covered 502 firms of different sizes across six cities: Delhi NCR, Bengaluru, ...