Gross Domestic Product

RBI Deputy Governor Swaminathan J says India's path to Viksit Bharat@2047 depends on productive capital allocation, meaningful financial inclusion and strong customer protection

India's GDP grew 7.8% in Q3FY26 under the new series, slightly slower than earlier quarters, while full-year FY26 growth is estimated higher at 7.6% compared to 7.1% in FY25

What is GDP, how is it calculated, and why do estimates matter? A simple guide to GDP, GSDP, nominal vs real growth and India's new base year

As India shifts its GDP base year to 2022-23, economists are divided on whether the unrevised WPI base will distort real growth estimates, even as CPI has been updated to 2024

West Bengal's net state domestic product (NSDP) at current prices grew by 9.86 per cent to Rs 16.32 lakh crore in the 2024-25 financial year, showing an improvement from the 8.94 per cent growth recorded in the previous fiscal, according to the latest Economic Survey. The Statistical Appendix of the survey showed the state's NSDP stood at Rs 14.85 lakh crore in 2023-24. The Economic Survey 2025-26 was tabled in Parliament on Thursday. However, West Bengal trailed behind other major states in terms of percentage growth at current prices. Tamil Nadu registered a robust growth of 15.76 per cent, while Uttar Pradesh recorded 12.64 per cent and Maharashtra 11.85 per cent during the same period, the Statistical Appendix of the survey said. In the eastern region, West Bengal's NSDP growth rate was outpaced by its neighbours, Bihar and Odisha. Bihar recorded an NSDP growth of 13.07 per cent, while Odisha registered 13.04 per cent in 2024-25. Jharkhand also reported a higher growth rate o

US, Singapore, S Korea and China are the top four, it says

India's revamped quarterly GDP series will use GST, e-Vahan and gas consumption data, adopting IMF-recommended methods to improve accuracy and reduce volatility

AI is already reshaping how Indians work-but its biggest gains lie in speed, quality, and coordination, not yet in the productivity numbers we rely on

The rupee's depreciation is often seen as an opportunity - but this narrative overlooks its impact on borrowers of foreign-currency debt

Slower nominal GDP growth in FY26 may not hurt deficit math, but weak tax buoyancy and a slipping tax-to-GDP ratio signal rising stress on revenue collections

In absolute terms at current prices, the economy is projected to attain the size of ₹357.14 trillion, which is marginally higher than the level assumed in the 2025-26 Budget

India's billionaire promoters lose ground as equity market weakness and rupee depreciation drag wealth growth below the pace of the country's fast-expanding GDP

India's revamped GDP series will use richer data and double deflation to better capture the informal economy, address IMF concerns and improve accuracy from 2026

The government proposes to include online sources as well as e-commerce platforms to compute retail inflation in a bid to substantially improve reliability, accuracy, and overall quality of the consumer price index (CPI). Ministry of Statistics and Programme Implementation (MoSPI) is in the process of revising the base years for computing CPI, Index of Industrial Production (IIP) and Gross Domestic Product (GDP). The new series of CPI (consumer price index-based inflation) with base year (2024=100) data is scheduled to be released on February 12, 2026. The data on National Accounts with financial year 2022-23 as base year is scheduled to be released on February 27, 2026, while the new series of IIP data with base year 2022-23 will be released on May 28. MoSPI on Tuesday organised a pre-release consultative workshop on base revision of CPI, GDP and IIP. On inclusion of new data sources in CPI, the ministry said in addition to the data collected from physical outlets as being done i

India will use household consumption survey data to estimate spending in the revised GDP series, reflecting a shift as families now spend more on non-food items than food

India's GDP surged 8% in the first half, defying global headwinds, but weak nominal growth and slowing tax revenues raise fresh questions ahead of the MPC's policy review

Real GDP for the quarter stood at ₹48.63 trillion, up from ₹44.94 trillion in Q2 FY25

RBI will pare CPI inflation projection again, but might not change growth estimate for now; dovish undertone likely

An overhaul of the National Industrial Classification framework seeks to include multiple new activities that better capture a changing economy, data from which is expected to help policymaking

Historically, most debt and inflation crises have occurred when governments that could have met their obligations in full instead chose inflation or default