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Tailwinds boost Q2 growth, but multiple headwinds loom ahead

IDFC FIRST Bank’s Economist Gaura Sengupta said the deflator, with a higher weight of WPI, was favourable for manufacturing than the services sector, which has a higher weight of Consumer Price Index (CPI) inflation.

Sen guptaSoumya kanti ghoshAurodeep nandiV ananth nageswaranEmkay global researchBank treasury researchIndia groupBank economist gaura senguptaIndian expressReserve bankGross domestic productPrivate corporate business sectorTreasury researchEmkay globalKumar pantChief economist

Net profit of manufacturing and IT sector moderates in 2022-23, shows data

RBI: The net profit margin of the manufacturing sector declined to 8.7 percent in 2022-23, against 10.6 percent in 2021-22

Reserve bankPrivate corporate business sectorManufacturing sectorNet profitIt sectorRbi dataReserve bank of indiaAnufacturing companies profitBi newsCorporate profitT companies profit

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