Page 35 - Economic Growth
India Inc's profits rise 28% in March qtr, banks contribute the most
If one considers net profit after excluding financials, then growth falls to 19.1 per cent, lower than the 21.3 per cent in December
 "India Inc's profits rise 28% in March qtr, banks contribute the most")
India's GDP grows 4.1% in Q4; expands 8.7% in FY22: Govt data
Manufacturing sector contracts in March quarter due to supply disruptions
 "India's GDP grows 4.1% in Q4; expands 8.7% in FY22: Govt data")
India Q4 GDP: Omicron curbs may have slowed down growth before Ukraine war
In the January-March quarter, the economy likely expanded 3.9%, according to the survey, a performance that will mark the low point of the year
 "India Q4 GDP: Omicron curbs may have slowed down growth before Ukraine war")
For India, economic entropy presents both an opportunity and big challenge
Entropy, or the disorder in a system, is a concept not usually used to understand economic trends, but it best describes the disorder and randomness at work today, writes T N Ninan
State-run banks post 81% rise in Q4 profit; NII up 18.5% to Rs 70,825 cr
Enhance capital adequacy and provisions for bad loans
 "State-run banks post 81% rise in Q4 profit; NII up 18.5% to Rs 70,825 cr")
Indonesia's economy grows 5.01% in Q1 despite global prices turbulance
The growth was in line with the prediction made by Indonesia's Minister of Finance Sri Mulyani Indrawati that the country's economy would grow on average 5 per cent year-on-year
 "Indonesia's economy grows 5.01% in Q1 despite global prices turbulance")
Global economic growth risks jolt inflation-obsessed financial markets
The International Monetary Fund and World Bank fanned growth fears further last week when they cut 2022 global forecasts by nearly a full percentage point
 "Global economic growth risks jolt inflation-obsessed financial markets")
Raising policy rates is not anti-national, RBI will have to do it: Rajan
Inflation is up in India. At some point, the RBI will have to raise rates, like the rest of the world is doing, Rajan said
 "Raising policy rates is not anti-national, RBI will have to do it: Rajan")
War in Ukraine to curb trade and economic growth this year, says WTO
The WTO said its projections for world trade take into account factors like the impact of the war, sanctions on Russia and shrinking worldwide demand amid lower business and consumer confidence
 "War in Ukraine to curb trade and economic growth this year, says WTO")
Moody's maintains 'stable' outlook for Indian banks on recovering economy
It said that the global economic fallout from the Russia-Ukraine military conflict will create some risks
 "Moody's maintains 'stable' outlook for Indian banks on recovering economy")
India's economy to grow by 7.5% in FY23; to pick-up to 8% in FY24: ADB
Asian Development Bank on Wednesday projected a seven per cent collective growth for South Asian economies in 2022
 "India's economy to grow by 7.5% in FY23; to pick-up to 8% in FY24: ADB")
India, Japan launch clean energy partnership at 14th Annual Summit
India and Japan on Saturday launched a Clean Energy Partnership (CEP) for cooperation towards achieving sustainable economic growth, addressing climate change and ensuring energy security
 "India, Japan launch clean energy partnership at 14th Annual Summit")
Budget 2022 focused on growth revival: Nirmala Sitharaman to industry
The revival of economic growth was the foremost priority of the Union Budget FY23, said Finance Minister Nirmala Sitharaman
 "Budget 2022 focused on growth revival: Nirmala Sitharaman to industry")
How India's recovery is shaping up as states relax restrictions?
Restaurants are again teeming with diners, airports with fliers and markets with life. People are now stepping out and loosening their purse strings. How is India's economic recovery shaping up now?
 "How India's recovery is shaping up as states relax restrictions?")
Union Budget 2022: Reaffirmation of tax stability, inclusive growth
The Finance Minister hit the right chord by presenting a Budget that focuses on growth for tomorrow's India
 "Union Budget 2022: Reaffirmation of tax stability, inclusive growth")
Union Budget proposals to boost growth and generate jobs, say experts
The Budget proposals on capital expenditure, MSME sector, and digital banking will boost growth and promote job creation, say experts
 "Union Budget proposals to boost growth and generate jobs, say experts")
Budget must strike a balance between growth and equity
The uneven growth across various sectors and unequal distribution of benefits of economic growth cannot be ignored
BS Views of the week: India's rising unemployment rate; the missing link that could rescue Paytm
Why are so many young boys and girls keen to work but are not actively looking for one? What is Paytm’s missing link? And, how can India tackle inequality? Subscribe to Business Standard and read this week’s top opinion pieces to find out
 "BS Views of the week: India's rising unemployment rate; the missing link that could rescue Paytm")
Icra revises AUM growth outlook for retail NBFCs to 5-7% from 8-10% in FY22
The agency said the growth outlook would be exposed to downside risk in case of significant disruptions caused by the new wave of infections in Q4 FY2022.
 "Icra revises AUM growth outlook for retail NBFCs to 5-7% from 8-10% in FY22")
Pakistan registers 5.3% economic growth in 2020-21, says minister
This is the second time the GDP rate for 2020-21 has been revised
 "Pakistan registers 5.3% economic growth in 2020-21, says minister")