Industry upbeat on policy continuity as business confidence index rises to 2-quarter high: CII
The CII Business Confidence Index hit a two-quarter high of 68.2 post-general elections, driven by stable policy, improved consumption, and rising rural demand. Despite global uncertainties, 59% of surveyed firms expect improved private capex, and many anticipate RBI rate cuts by Q3 FY25.
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The CII Business Confidence Index hit a two-quarter high of 68.2 post-general elections, driven by stable policy, improved consumption, and rising rural demand. Despite global uncertainties, 59% of surveyed firms expect improved private capex, and many anticipate RBI rate cuts by Q3 FY25. 
