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Business Standard
23-07-2025
- Business
- Business Standard
Business Optimism Index for Q3 2025 declines, but sub-indices indicate resilience in the domestic economy
PRNewswire Mumbai (Maharashtra) [India], July 23: Dun & Bradstreet, a global leader in business decisioning data and analytics, released the Business Optimism Index (BOI) for Q3 2025, which declined to 117--marking a 2.3% decline over the previous quarter. The modest decline was driven by a fall in optimism in the large and the medium sized firms, while small firms showed resilience. The moderation in sentiment stems largely from global economic uncertainty, prompting businesses to take a measured approach. However, the domestic outlook remains strong, supported by improving macroeconomic conditions. A marginal decline in selling volume q-o-q suggests businesses are skeptic about evolving demand conditions. The decline may reflect a dip in optimism around export orders, which had risen sharply in the previous quarter due to frontloading ahead of anticipated tariff announcements. In contrast, sentiment around domestic orders remained strong. The decline in optimism regarding selling prices likely reflects the subdued inflationary pressures in the economy. Overall, the survey indicates that firms are navigating the current landscape with measured confidence, balancing global risks with robust domestic opportunities. The Dun & Bradstreet Business Optimism Index, which has been tracking the changing business sentiment of India Inc. since 2002, continues to serve as a reliable leading indicator of India's economic growth, maintaining a strong correlation of approximately 80% with the Gross Domestic Product (GDP). Arun Singh, Global Chief Economist, Dun & Bradstreet, said, "While the Q3 2025 decline in the Dun & Bradstreet Business Optimism Index reflects a degree of caution among larger firms, the underlying resilience of the domestic economy stands out. Strong consumption fundamentals, rising investment activity, and targeted policy are lending support to business confidence, particularly among small businesses. The uptick in optimism around the domestic macroeconomic environment, despite global headwinds, signals trust in India's domestic growth momentum. As trade policy uncertainty clouds global demand, businesses are looking inward, with over half prioritizing the domestic market for future growth. Going forward, the recently signed India-UK Free Trade Agreement is expected to open new avenues for market access, improving trade through supply chain diversification. These developments are likely to boost business sentiment by enhancing export opportunities and driving innovation. Together, stronger external competitiveness and domestic market strength can sustain optimism and help Indian businesses navigate global volatility with greater confidence." Key findings from the Q3 2025 survey * The optimism for sales volume decreased by 1 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The food, beverages, metals, and transportation sectors are the most optimistic, while construction and information & communication sectors show lower optimism. * The optimism for domestic orders rose by 3 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The electricals, electronics, mining, textiles and leather sectors remain the most optimistic, while financial and insurance activities and automotive sectors report the lowest optimism. * The optimism for export orders fell by 1 percentage points in Q3 2025 compared to the previous quarter Q2 2025. Electronics, metals, textile and leather sectors lead optimism, while financial and insurance activities and automotive sectors remain least optimistic. * The optimism for selling prices fell by 11 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The metals, hospitality, and food and beverages sectors show the highest optimism, while electronics and automotive sectors report lower confidence. * The optimism for net profit fell by 4 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The financial and insurance, construction, and hospitality sectors are the most optimistic, while electronics, automotive, and capital goods sectors show lower optimism. * The optimism for the global macroeconomic environment fell by 5 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The chemicals sector, along with utilities and professional and administrative services, remain most optimistic, while automotive and hospitality sectors show lower confidence. * The optimism for employment fell by 15 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The hospitality, food & beverages, and textiles sectors exhibit high optimism, while automotive, transportation, and capital goods sectors show lower optimism. * The optimism for the domestic macroeconomic environment increased by 8 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The information & communication, financial services, wholesale & retail trade, and transportation sectors show the highest confidence, while hospitality and capital goods sectors are least optimistic. * The optimism for input costs fell by 1 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The metals, food and beverages sectors show higher optimism, while information & communication and financial services sectors report lower optimism. * The optimism for inventory levels saw an increase of 10 percentage points in Q3 2025 compared to the previous quarter Q2 2025. Mining and automotive sectors are the most optimistic, while metals and food and beverages sectors report the lowest optimism. Notes to Editors The Dun & Bradstreet Business Optimism Index (BOI) is a quarterly survey-based index designed to measure the pulse of the Indian business community and has served as a reliable indicator of the economy. Dun & Bradstreet surveys respondents (senior management) pan India across the Manufacturing and Services sectors, covering businesses of varying scale (large, medium and small) to calculate the BOI. Respondents are asked about their expectations (in terms of increase, decrease, or no change) regarding their company's performance (Ten BOI Parameters) in the ensuing quarter over the same quarter in the previous year. About Dun & Bradstreet: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. For more information on Dun & Bradstreet, please visit Dun & Bradstreet Information Services India Private Limited is headquartered in Mumbai and provides clients with data-driven products and technology-driven platforms to help them take faster and more accurate decisions in domains of finance, risk, compliance, information technology and marketing. Working towards Government of India's vision of creating an Atmanirbhar Bharat (Self-Reliant India) by supporting the Make in India initiative, Dun & Bradstreet India has a special focus on helping entrepreneurs enhance their visibility, increase their credibility, expand access to global markets, and identify potential customers & suppliers, while managing risk and opportunity. India is also the home to Dun & Bradstreet Technology & Corporate Services LLP, which is the Global Capabilities Center (GCC) of Dun & Bradstreet supporting global technology delivery using cutting-edge technology. Located at Hyderabad, the GCC has a highly skilled workforce of over 500 employees, and focuses on enhanced productivity, economies of scale, consistent delivery processes and lower operating expenses. Visit for more information. Click here for all Dun & Bradstreet India press releases.
Business Wire
10-07-2025
- Business
- Business Wire
RelPro Appoints Maria Grineva As Chief Data Officer
SHORT HILLS, N.J.--(BUSINESS WIRE)-- RelPro, the fast-growing business development and relationship management solution for Financial & Professional Services, announced today it has appointed Maria Grineva as its Chief Data Officer. In her role, Grineva is leading RelPro's data innovation and operations as the company executes data and Artificial Intelligence initiatives to support its clients. 'Maria's experience and technical skills are assets for both our clients and our team as we continue to innovate in the sales intelligence space.' -RelPro President Raaj Rajmangal Grineva earned a PhD in Computer Science from the Lomonosov Moscow State University and has built an impressive resume in the technology sector in both Europe and the U.S. After working for Yandex, Russia's largest search engine, Grineva stepped into tech entrepreneurship and has founded several successful companies. In 2013, Grineva co-founded Orb Intelligence, a global firmographic data provider for B2B sales and marketing. She served as the CEO of Orb Intelligence until the company was acquired by Dun & Bradstreet in 2020. After two years at Dun & Bradstreet, she co-founded an AI-enabled data platform designed to help startups efficiently find and hire engineers. She has served as the CEO of while also consulting for Contora, a data provider for cryptocurrencies, since 2022. 'Maria Grineva's extensive background in data and AI technologies, along with her entrepreneurial spirit, makes her a fantastic addition to the RelPro leadership team,' said Martin Wise, RelPro CEO & Founder. 'We have known Maria for many years, and are excited to have her contributing to the continued growth of RelPro.' 'We pride ourselves on our ability to deliver high-quality data and valuable insights to our clients,' said RelPro President Raaj Rajmangal. 'Maria's experience and technical skills are assets for both our clients and our team as we continue to innovate in the sales intelligence space.' 'I am very excited to join RelPro. My goal is to help RelPro develop industry-leading data products that not only empower our clients but also set a new standard for transparency, accuracy, and AI in the B2B data space," said Grineva. "I first worked with RelPro 8 years ago, while running Orb Intelligence, and I am impressed with the company and its growth over many years.' About RelPro Founded in 2009, and ranked in the Inc. 5000 list of the fastest-growing US private companies for the past 4 years, RelPro's Relationship Intelligence platform was built with the experience that there is no one nirvana source of B2B Company and Decision-Maker data – so why rely on one source of data? RelPro integrates data from best-in-class partners and the web to deliver a unique global database of over 7 million Companies and 150 million business decision-makers, allowing B2B Marketing, Business Development and Relationship Management professionals to quickly identify new prospects and close deals faster. RelPro includes automated Prospect Research to quickly inform business development outreach, and powerful Buyer Intent signals and Alerts that provide a call-to-action prompting timely interactions with prospects and clients.
India Today
09-07-2025
- Entertainment
- India Today
Shilpa Shirodkar left acting and became hairdresser, told husband to make resume
Once an actor, Shilpa opened up about her transformative life journey following her departure from acting. After marrying banker Aparesh Ranjit, the couple moved from the Netherlands to New Zealand. In search of something fulfilling, Shilpa enrolled in a hairdressing course - something she felt was still linked to her acting on Gauahar Khan's podcast MaaaNoranjan, Shirodkar shared, 'To keep myself busy, I did a hairdressing course in New Zealand. It felt connected to acting in some way - with makeup and beauty and all that,' she shared. She even worked at a salon for two months, but the demanding hours didn't align with her newlywed no corporate experience, Shilpa decided to pivot once again. 'I told my husband, 'Make my resume,'' she recalled. When asked what to include, her only instruction was, 'Don't lie - just put the truth, even SSC fail and my film work.' Her honesty paid off - she received two job offers in a single day. She eventually took up a position as a credit controller at Dun & Bradstreet, stepping into a world completely unfamiliar to her. Not long after, Shilpa began feeling unusually tired. A friend jokingly suggested a pregnancy test - and it turned out to be true. What followed was another life-altering phase filled with both joy and pregnancy came with complications, including insulin injections and weight fluctuations, but she faced them with grace. Over time, Shilpa's priorities shifted. The birth of her daughter, Anushka, marked a turning point - pulling her further away from the public eye as she embraced motherhood actor, known for her memorable performances in Hindi cinema during the late '80s and '90s, returned to the limelight recently after appearing on 'Bigg Boss 18'. In the show, she shared the screen with Vivian Dsena, Karan Veer Mehra, Chum Darang, Nyra Banerjee, Muskan Bamne, and Alice Kaushik among others.- Ends
Hindustan Times
09-07-2025
- Entertainment
- Hindustan Times
Shilpa Shirodkar on leaving films, becoming hairdresser abroad: ‘Even put SSC fail in my resume'
Shilpa Shirodkar lit up the screen in the '90s with hits like Hum, Aankhen, and Pehchaan, but after her 2000 film Gaja Gamini, the star quietly stepped away from the spotlight. Now, after years of living a life far from the film industry, Shilpa has opened up about her unconventional journey. Shlipa Shirodkar opened up about life after Bollywood in a recent interview. Shilpa Shirodkar talks about life after marriage Speaking on Gauahar Khan's podcast, MaaaNoranjan, Shilpa offered a candid look at how she transitioned from cinema to a quiet life abroad after marrying banker Aparesh Ranjit. The couple initially moved to the Netherlands, eventually settling in New Zealand. 'To keep myself busy, I did a hairdressing course in New Zealand. It felt connected to acting in some way—with makeup and beauty and all that,' Shilpa said. She even worked in a salon for two months, but the demanding hours clashed with her newlywed life. What came next could easily be mistaken for a film script. With no corporate experience, Shilpa decided to try something unexpected. She told her husband to make her resume. From hairdressing to a corporate job 'I told him, 'Make my resume.' He asked, 'What should I put in it?' I said, 'Don't lie—just put the truth, even SSC fail and my film work',' she recalled with a laugh. What started as a fun experiment turned into a turning point. She landed two job offers in a single day. She took up a position as a credit controller at Dun & Bradstreet, stepping into a completely new world. But life had other plans. Soon after she joined, she started feeling tired all the time. A friend joked that she might be pregnant. She took a test, and surprisingly, it came back positive. Her pregnancy came with challenges, including insulin injections and weight loss, but she embraced it all with optimism. Shilpa eventually chose to focus fully on motherhood, welcoming daughter Anushka and stepping even further away from the spotlight.
Economic Times
08-07-2025
- Entertainment
- Economic Times
Famous Bollywood actress did not hesitate to put Class 12 Fail in her CV when she looked for other jobs. Did she get any?
Synopsis Shilpa Shirodkar, a celebrated actress of the 90s, transitioned from Bollywood to a life abroad after her marriage. She embraced diverse roles, from hairdressing to credit control, before embracing motherhood. After a 13-year hiatus, Shilpa returned to acting on television, showcasing her resilience and adaptability, while cherishing her family connections and past film experiences. Agencies Shilpa Shirodkar is married to banker Aparesh Ranjit Shilpa Shirodkar first stepped into the limelight in 1989, quickly winning the hearts of Indian audiences with her memorable performances. Throughout the 1990s, she became a familiar face in Indian cinema, delivering multiple hit films and gaining widespread recognition. However, after appearing in Gaja Gamini in 2000, she quietly withdrew from the entertainment industry. Choosing a different path, she tied the knot with banker Aparesh Ranjit, and the couple shifted base overseas—first to the Netherlands, eventually settling in New a heartfelt conversation with actress Gauahar Khan, Shilpa offered rare insights into her life abroad. Wanting to stay engaged and productive, she enrolled in a hairdressing course while in New Zealand, which aligned with her interest in makeup and aesthetics developed during her film career. After completing the course, she briefly worked in a beauty salon for two months. However, the demanding work schedule began to conflict with her personal life. Newly married and seeking to spend quality time with her husband, who only had weekends off, she found the salon hours untenable and ultimately chose to step away. Hoping to find a new direction, Shilpa made an unusual but bold move—she asked her husband to create a resume for her. She instructed him to be honest and include everything, even her failing SSC and background in film. 'I told him, 'Make my resume.' He asked, 'What should I put in it?' I said, 'Don't lie—just put the truth, even SSC fail and my film work," she said. With no major expectations, she sent her resume to a few companies. To her surprise, she was called for two interviews on the same day and received two job offers. She accepted a position as a credit controller at Dun & Bradstreet, where she began a new chapter of her long after settling into her new role, Shilpa began experiencing fatigue and indigestion. Mentioning these symptoms to a friend, she was jokingly told she might be pregnant. A pregnancy test confirmed it. Shilpa was stunned, and when she broke the news to her husband, his reaction was one of pure joy. That moment marked the beginning of yet another transformative journey—motherhood—which became the focal point of her life for the next several an earlier interaction with The Times of India, Shilpa reflected on her initial struggles in the film industry. She revealed that she was once branded as unlucky by many within Bollywood. However, she credited Rikkuji, a stalwart of the industry, for believing in her and tirelessly promoting her portfolio. Eventually, this led her to roles in films like Bhrashtachar, where veteran actor Mithun Chakraborty played a pivotal role in overturning her 'jinxed' also acknowledged a few projects that could have significantly altered her trajectory but were never released. These included Kalinga, directed by the legendary Dilip Kumar; Singer, opposite Ajay Devgn and directed by Sunil Agnihotri; and Ladies Only, produced by Kamal Haasan. While she expressed a sense of what could have been, she held no regrets and cherished every film she was a part taking a 13-year break to focus on her personal life and family, Shilpa made a comeback in 2013—not in films, but on television. She appeared in popular shows like Ek Mutthi Aasmaan, Silsila Pyaar Ka, and Savitri Devi College and Hospital, reconnecting with audiences in a new format and comes from a family deeply connected to the world of entertainment. She is the younger sister of former actress and Miss India Namrata Shirodkar. Their grandmother, Meenakshi Shirodkar, was a prominent figure in Marathi cinema. Namrata is married to Telugu film superstar Mahesh Babu, and Shilpa shares a warm relationship with him, often posting heartfelt moments on social media. From the big screen to distant shores and back again, Shilpa Shirodkar's journey has been filled with reinvention, resilience, and a quiet grace that continues to inspire.
