It is adopting more granular price deflation to address concerns raised by economists that its method is outdated Read more ...
Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.
India is revising its GDP calculation methods to enhance accuracy and address economist concerns over previous discrepancies.
India’s new GDP base revision sharpens economic measurement by using updated data sources like MGT-7 filings, GST data, ASUSE ...
Under the old series, India's GDP growth rate is estimated at 7.4% in FY26 against 6.5% in FY25. The new GDP series is due on 27 February.
India’s new GDP series ditches broad-based deflators for granular, sector-specific price indices ahead of February 27 release ...
Economists remain divided on whether the unrevised WPI base will distort real GDP estimates as India shifts its GDP base year ...
A revised GDP series with 2022–23 as the base year will be released on February 27, along with updated historical data covering the previous four years.
The Ministry of Statistics and Programme Implementation (MoSPI) last week released the economic growth data for the first quarter - covering months of April, May and June of the current financial year ...
Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.
By Shubham Batra NEW DELHI, Feb 24 (Reuters) - India will overhaul how it calculates real GDP growth under a revised national accounts series due to launch this week, the country's top statistical ...