Business sentiment: CII-BCI rises for third straight quarter to 66.5; firms upbeat on demand, capex outlook

Professionals collaborate amidst a vibrant cityscape during golden hour, symbolizing economic prosperity and dynamic urban expansion. CII’s Business Confidence Index (BCI) climbed to a five-quarter high of 66.5 in the third quarter of FY26, marking the third consecutive quarterly rise and reflecting optimism around demand, profitability and investment conditions, the industry body said on Sunday.Domestic…

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WEF 2026: Investing in women’s employment is key to future-proof economies – industry chair Ebru Ozdemir

Investing in women’s employment is the most efficient way to build a resilient, inclusive and future-proof economy, Ebru Ozdemir, chairperson of the Board of Limak Holding and chair of the World Economic Forum (WEF) Engineering and Construction Industry Group, has said.In an article written ahead of the annual Davos summit, Ozdemir stressed that reskilling and…

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Budget 2026: MAIT seeks customs duty cuts on key electronic components; push to boost domestic manufacturing

The IT industry body MAIT has urged the government to reduce basic customs duty on key electronic components and enhance tax incentives in the upcoming Union Budget to strengthen domestic manufacturing and improve global competitiveness.In its pre-Budget recommendations submitted to the finance and IT ministries, the Manufacturers’ Association for Information Technology (MAIT) proposed cutting basic…

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Budget 2026: Equity tax relief, avoiding transaction levy hike & more; here’s what market participants want

As the Union Budget 2026-2027 draws closer, many market participants are urging the government to rethink capital market taxation and not increase the transaction levies. Ahead of finance minister Nirmala Sitharaman’s Budget presentation on February 1, investors and brokerage firms have pitched for measures, they believe would make long-term investing more attractive, particularly for retail…

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India’s pharma shipments: Brazil, Nigeria emerge as key export destinations; market expands to $20.48 billion

Even as global economic uncertainity drags down trade, Indian pharmaceutical exporters are seeing growth in Brazil and Nigeria as both countries are emerging as important overseas markets. Data by the commerce ministry data shows that Nigeria has been a major driver of this shift. During the first eight months of the current financial year, exports…

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