India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.

India has changed its GDP base year to 2022-23, using new methods and data for more accurate economic measurement and better policymaking.

Real GVA in Q3 of FY 2025-26 is estimated at ₹77.38 lakh crore, against ₹71.77 lakh crore in Q3 of FY 2024-25, showing a growth rate of 7.8%. Nominal GVA in Q3 of FY 2025-26 is estimated at ₹82.58 ...

Understand the income approach to GDP, where total expenditures equal the income from goods and services in an economy.

As India shifts to 2022-23 as the new base year for measuring GDP, here’s a simple look at the key data concerns raised over ...

The new series of data not only revises the base year for calculation purposes to 2022-23, it also incorporates several vital changes with an aim to give a more accurate measurement of the size of the ...

Chennai: The GDP base year is being revised from financial year 2011-2012 to 2022-23 and the revised series will be released on February 27. The previous revision of base year in 2015 as well as the ...

Current Affairs Terms in News This Week: This weekly explainer will cherry-pick important 'terms in news' from the current ...

Sources: Bloomberg; CEIC Data Company Limited; Wind; IMF International Financial Statistics database; and IMF staff estimates and projections. 1/ 2024 GDP will be revised to match official revisions, ...

By Shubham Batra NEW DELHI, Feb 24 (Reuters) - India will overhaul how it calculates real GDP growth under a revised national ...

A simple reason explains why U.S. economic growth seemed to hit a wall in the final three months of the year.

Moody’s Ratings projected India’s GDP to grow at 6.4% in FY27, the fastest pace among G-20 economies, according to PTI. “We forecast India’s real GDP will grow 6.4% for fiscal 2026-27, the fastest ...