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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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Currency watch: Rupee gains 23 paise to close at 88.50 against dollar; upbeat mood on US-India trade talks lifts sentiment

The rupee strengthened 23 paise to settle at 88.50 against the US dollar on Tuesday, supported by upbeat sentiment around a potential US-India trade agreement and easing concerns over the prolonged US government shutdown.At the interbank foreign exchange market, the rupee opened at 88.69 against the greenback, touched an intraday high of 88.50 and a…

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India’s growth to be ‘north of 6.8%’: CEA Nageswaran upbeat on FY26 outlook; cites boost from GST cuts & tax relief

NEW DELHI: Chief economic advisor V Anantha Nageswaran on Friday expressed confidence that India’s economic growth for FY26 will exceed 6.8%, supported by stronger consumption driven by GST rate cuts and income tax relief.Speaking at CNBC-TV18’s Global Leadership Summit 2025, Nageswaran said, “I am comfortable looking at a number north of 6.8 per cent now….

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Aviation expansion: Akasa Air eyes Kenya, Egypt, East Africa routes; upbeat on Boeing delivery schedule, says CEO

Akasa Air is evaluating new routes to Kenya, Ethiopia, Egypt and other international destinations as part of its next phase of overseas expansion, CEO and founder Vinay Dube said. The three-year-old airline, which has grown steadily since its launch, now feels “very good” about its Boeing aircraft delivery schedule.“Our aircraft are capable of hitting the…

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Festive spirits surge: Alcoholic beverage market upbeat as season boosts sales; industry expects 10–20% rise Q4

India’s alcoholic beverage industry has seen strong sales during the festive season, with the premium spirits category driving growth, and expects an upswing of 10-20 per cent in the October-December period.As per news agency PTI, Radico Khaitan COO Amar Sinha said, “We have witnessed a highly encouraging festive season, with strong uptake across our premium…

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NDA mood check for Bihar polls: Chirag Paswan, Upendra Kushwaha upbeat; Jitan Ram Manjhi’s post raises eyebrows | India News

NEW DELHI: Since the National Democratic Alliance (NDA) announced its seat-sharing for the upcoming Bihar elections, the regional party alliances seem to be sending mixed signals. While Lok Janshakti Party’s (LJP) Chirag Paswan and Rashtriya Lok Morcha’s Upendra Kushwaha said all is well, hinting at a smooth alliance, Hindustani Awam Morcha (Secular) Jitan Ram Manjhi’s…

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