MAM
Indians second most confident about their economy: Ipsos Global Study
MUMBAI: India‘s Economic Confidence grew by six points to 75 per cent in the month of October compared to the previous month, becoming the second most economically confident country, according to the global economic report released by Ipsos, the market research company.
The report, titled ‘Ipsos Global @dvisory: The Economic Pulse of the World‘ is based on 18,682 recent interviews in 24 countries around the world; and examines citizens‘ assessment of the current state of their country‘s economy for a total global perspective.
Ipsos in India MD Mick Gordon said, “The Indian economy has been well insulated from global economic conditions as it has been fueled by domestic consumption and the increased FDI into the country. Our economy has remained steady at a robust 8.1% and this positive consumer sentiment is seen reflected in our survey.”
How are some of the other global economies performing?
The global aggregate national assessment was dragged by Europe (-2 points to 24 per cent), which was 16 points lower than the next lowest region, North America (40 per cent). In fact, all the regions have reported declining national economic assessments – the Middle East and Africa (-2 to 60 per cent); Asia Pacific (-1 to 41 per cent); except Latin America (46 per cent) which experienced no change in October.
Despite all the ups and downs, two countries gained significantly – India gained six points to reach 75 per cent; while South Africa gained five points to reach 39 per cent. So, if one looks at the pecking order: Global leader Saudi Arabia experienced a six-point drop to 83 per cent but continued to hold its pole position; India as mentioned earlier bagged the second spot at 75 per cent; Sweden lost five points and was third at 69 per cent; Canada was unchanged at 66 per cent; China too was unchanged at 65 per cent.
The countries at the bottom of the heap were the same as last month with abysmally low consumer sentiments: Hungary lost two points and was at 2 per cent; Spain gained 2 points but was low at 5 per cent; Japan further lost two points and was 6 per cent; France lost 1-point and was at 6 per cent and Italy was unchanged at 8 per cent. Sadly, Europe continued to lag by Belgium dropping 6 points to 25 per cent; Great Britain (-6 to 11 per cent) experienced the greatest drop in this wave after Indonesia (-7 to 35 per cent).
Future Outlook for Local Economy was reported unchanged at 24 per cent. The predictions of global citizens regarding whether their local economy would be “stronger”, “weaker” or “about the same” six months from now stagnated at 24 per cent, agreeing it would be stronger – unchanged since August 2011.
Brazil‘s assessment levels on this measure made the world‘s recent zigzag look flat. Though it consistently stood at the top of 24 countries measured, Brazil (+9 to 74 per cent) has swung up and down throughout 2011: down 6 in March (67 per cent), up 5 in April (72 per cent), down 7 in June (64 per cent), up 7 in July (71 per cent), down 6 in September (65%), and was up 9 points in October (74 per cent).
After Brazil, India (+2 to 56 per cent) emerged the strongest on this measure followed by Saudi Arabia (-4 to 53 per cent), Argentina (-2 to 50 per cent) and China (-5 to 39 per cent).
France (unchanged at two per cent) remained at the bottom of the rating, followed closely by Hungary (-1 to five per cent), Great Britain (-2 to 8 per cent), and Belgium (unchanged at eight per cent).
Brazil experienced the greatest rise (+9 to 74 per cent), followed by Spain (+8 to 23 per cent), Russia (+5 to 20 per cent) and Canada (+4 to 19 per cent).
Turkey once again showed the greatest decline (-5 to 35 per cent) on this measure followed by China (-5 to 39 per cent) and a four-point decline in Poland (15%), Germany (12 per cent) and Saudi Arabia (53 per cent).
Brands
Tata Communications named Gartner WAN Leader for 13th consecutive year
AI-driven network upgrades and global expansion keep telecom major ahead
MUMBAI: Tata Communications has once again secured its place among the top global network providers, earning a Leader position in the Gartner Magic Quadrant for Global WAN Services 2026 for the thirteenth year running.
The recognition from Gartner highlights the company’s consistent performance in both strategic vision and execution, a rare feat in a fast-evolving connectivity landscape.
Over the past year, Tata Communications has doubled down on building what it calls a more intelligent and flexible network fabric. In simpler terms, this means networks that can adapt on demand, powered by artificial intelligence and analytics, to support businesses operating across geographies and industries.
The company has expanded its network-on-demand offerings, allowing enterprises to scale connectivity more easily across data centres and multiple cloud environments. It has also invested in next-generation fibre infrastructure and high-capacity 800G wavelength services to keep pace with the growing demands of AI-led cloud ecosystems.
Global reach remains a key focus. Tata Communications has extended its footprint through partner points of presence, enabling quicker deployment in new markets while strengthening last-mile connectivity through local collaborations.
Security, too, is getting a significant upgrade. The company has enhanced its Secure Access Service Edge capabilities to tackle emerging AI-driven cyber risks, including unauthorised data transfers. Looking ahead, it is also preparing to roll out quantum-safe encryption services based on post-quantum cryptography standards, aiming to future-proof enterprise data against both classical and next-generation threats.
Speaking on the milestone, Tata Communications executive vice president, core and next-gen connectivity services and chief technology officer Genius Wong said, “We are honoured to be recognised for the 13th consecutive year and deeply appreciate the continued trust our customers place in us. At Tata Communications, we will continue to transform our solutions so enterprises can build resilient, high-performance and intelligent digital foundations. With our future-ready, resilient and intelligent network fabric, enterprises can scale with confidence and thrive in an AI-powered future world.”
While industry rankings often come and go, a 13-year streak suggests more than just consistency. For Tata Communications, it signals a steady grip on a rapidly shifting global connectivity market and a clear ambition to stay ahead of the curve.
