The NCAER-NSE Business Expectations Survey for India First Quarter 2024–25

The National Council of Applied Economic Research (NCAER), one of India’s premier economic policy research think tanks, carried out the 129^th Round of its Business Expectations Survey (BES) in June 2024, with support from the National Stock Exchange of India Limited (NSE). NCAER has been carrying out the BES every quarter since 1992, covering 500 firms across four regions. Overall business sentiment in India indicated buoyancy with the Business Confidence Index (BCI) at nearly 150 during the April-June quarter, rising from the last quarter of the previous year (138) and higher than the corresponding period a year ago, according to an NCAER-NSE survey.