Economy
Consumption demand rises while govt spending stays flat in FY26 data
India's Second Advance GDP Estimates for FY26 signal strengthening private consumption, steady government spending and firmer investment momentum, reflecting shifts under the revised GDP series
 "Consumption demand rises while govt spending stays flat in FY26 data")
New GDP series lifts FY27 growth outlook to 7-7.4%, says CEA Nageswaran
India's GDP growth for FY27 is seen at 7-7.4% under the new series, with risks tilted upward, as strong momentum, reforms and trade deals lift the outlook
 "New GDP series lifts FY27 growth outlook to 7-7.4%, says CEA Nageswaran")
Bihar MFI Bill seen having limited impact on RBI-regulated lenders
Shares of microfinance focused lenders saw sharp drop on Friday
 "Bihar MFI Bill seen having limited impact on RBI-regulated lenders")
Russia remains India's top crude oil supplier despite Trump pressure
India's crude oil purchases from Russia remain strong at 1.1 million barrels per day (bpd) in February, showed data from maritime intelligence firm Kpler
 "Russia remains India's top crude oil supplier despite Trump pressure")
GDP revision a move in right direction, but questions remain: Pronab Sen
The GDP revision improves measurement, says former chief statistician Pronab Sen, but raises questions on double deflation, consumption surge and fiscal maths
 "GDP revision a move in right direction, but questions remain: Pronab Sen")
India to continue talks for best trade deal with US: Piyush Goyal
India is closely watching US tariff moves after the Supreme Court verdict, with Goyal saying New Delhi will continue to engage Washington to preserve balance in the newly finalised interim trade deal
 "India to continue talks for best trade deal with US: Piyush Goyal")
Lower FY26 nominal GDP number to raise fiscal deficit ratio marginally
Lower nominal GDP estimates have nudged up FY26 fiscal deficit and debt ratios, implying a steeper consolidation path even as new NSO GDP data revises sectoral weights
 "Lower FY26 nominal GDP number to raise fiscal deficit ratio marginally")
New series addresses lacunae in older GDP methodology amid revision
Discrepancies between the expenditure and production sides not completely wiped out
Centre's fiscal deficit at 63% of full year target at Jan-end: CGA data
The Centre estimates the fiscal deficit (the gap between expenditure and revenue) during 2025-26 at 4.4 per cent of GDP, or Rs 15.58 trillion
 "Centre's fiscal deficit at 63% of full year target at Jan-end: CGA data")
GDP growth projection for FY27 revised to 7-7.4% as per new series: CEA
Economy continues to maintain strong growth momentum, supported by broad-based activities, says CEA Nageswaran
 "GDP growth projection for FY27 revised to 7-7.4% as per new series: CEA")
US licences for India's Venezuelan oil purchases mask ground realities
While GL 46A allows financing activities related to transactions, alongside are sanctions on dealings with Venezuelan state oil company PdVSA
 "US licences for India's Venezuelan oil purchases mask ground realities")
India's Q3FY26 GDP growth slows to 7.8% from 8.4% in Q2 on new series
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
 "India's Q3FY26 GDP growth slows to 7.8% from 8.4% in Q2 on new series")
PM Modi proposes reform charter to boost collaboration for Viksit Bharat
At a post-Budget webinar, PM Modi calls for a reform partnership charter to formalise collaboration among government, industry, FIs and academia, and urges deeper reforms and investment
 "PM Modi proposes reform charter to boost collaboration for Viksit Bharat")
India-US trade deal will be 'rebalanced' if situation changes: Piyush Goyal
Union Commerce Minister Piyush Goyal said that Indian trade authorities are closely tracking developments after the US Supreme Court ruling against country-specific tariffs
 "India-US trade deal will be 'rebalanced' if situation changes: Piyush Goyal")
India's growth may outpace current estimates after GDP data overhaul
Earlier this month, the government revised its inflation series to better capture shifting spending patterns in the world's fastest-growing major economy
 "India's growth may outpace current estimates after GDP data overhaul")
Howard Lutnick meets Piyush Goyal, holds 'highly productive' trade talks
Howard Lutnick held talks with Piyush Goyal in Delhi as tariff uncertainty persists following fresh US duties and renewed trade deal discussions
 "Howard Lutnick meets Piyush Goyal, holds 'highly productive' trade talks")
What shifts beyond the base under India's new GDP series overhaul
A key pillar of the new series is the improved measurement of the household and informal sectors that account for a significant share of output and employment
 "What shifts beyond the base under India's new GDP series overhaul")
A beginner's guide to GDP estimates ahead of the release of new series
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
New GDP series: How revisions in FY2011-12 rewrote high-growth years
Under 2004-05 series, India recorded 3 straight yrs of 9%-plus growth
 "New GDP series: How revisions in FY2011-12 rewrote high-growth years")
Why digital literacy is the real infrastructure behind India's 2047 vision
India's digital economy is now central to its growth story and will support economic expansion until 2030
 "Why digital literacy is the real infrastructure behind India's 2047 vision")