Corporate confidence dips in Q2 FY26: India’s business sentiment slows amid US tariffs, global uncertainty – NCAER report

Indian business confidence dipped in Q2 FY26, breaking a three-quarter improvement streak. Global trade tensions and US tariffs impacted sentiments, especially for larger firms. Despite this, overall confidence remains stronger than last year, with domestic policy reforms expected to boost growth in coming quarters. MSMEs, however, saw a slight uptick.