Gdp Data

The GDP debate, redux

Despite govt's efforts, it remains difficult to assess whether the problems with the earlier GDP series have been adequately addressed

Trust deficit in GDP data is a political issue: Rajeeva Karandikar

Former NSC chief Rajeeva Karandikar defends India's new GDP series, calling for greater transparency while rejecting claims of data manipulation

Weekly economy wrap: GDP beats estimates, but inflation risks remain

India's economy started FY27 on a strong footing, but questions emerged over the 7.8 per cent GDP growth in Q1 and the methodology behind it

Best of BS Opinion: India's tightrope walk on the dollar, BRICS finance

Today's opinions examine India's cautious move away from dollar dependence, questions around the new GDP series, middle-class anger over ethanol-blended petrol and the societal risks posed by AI.

India fastest-growing major economy, clocked 7.8% Q1 growth: FM Sitharaman

India recorded a "remarkable growth" of 7.8 per cent in the first quarter of fiscal year 2026-27 despite global disruptions, and against all odds, remains the fastest-growing major economy in the world, Finance Minister Nirmala Sitharaman said. Sitharaman on Wednesday participated in a high-level business roundtable with investors, organised by the Consulate General of India in New York in association with Bank of America, New York. Addressing investors, Sitharaman said that "despite global disruptions and against all odds, India continues to be the fastest-growing major economy in the world, recording a remarkable growth of 7.8 per cent in Q1 of FY 2026-27," the Finance Ministry said in a post on X. Sitharaman arrived here after participating in the G20 finance ministerial meeting in Asheville, North Carolina. Sitharaman added that with its strong reform orientation, India has also provided greater regulatory certainty through a range of reforms, including the Insolvency and ...

Datanomics: Falling prices give a boost to manufacturing's real growth

Manufacturing prices fell in Q1 even as real growth outpaced nominal growth, pointing to deflationary pressure unlike agriculture and services

India's GDP grows 7.8% in Q1FY27 despite disruptions from West Asia crisis

Investment, consumption spearhead strong uptick despite West Asia crisis effects

A ChatGPT for Indian statistics? Mospi lays AI groundwork with new platform

The govt is building a common data platform to unify official economic statistics, with plans to develop it into an AI model that can answer queries using trusted official data

GDP estimate discrepancies will disappear after revisions: Mospi secy

Mospi is overhauling India's statistical system with new indices, AI integration and sharper data tools, aiming for higher accuracy, speed and granularity in economic data

Investment gained momentum, consumption steady in FY26: NSO data

Investment demand strengthened in FY26 as capital formation accelerated, while consumption remained resilient and government spending growth moderated

Weekly policy watch: RBI MPC, GDP data, US trade talks in focus this week

India's policy calendar this week is packed with the RBI's June review, FY26 GDP data, India-US trade talks, GST numbers, PMI readings and fuel export levy changes

A new beginning: New GDP series has improved the scope of estimation

Several elements have been introduced in the new series. For instance, the functions of multi-activity enterprises have been segregated, which will provide a clearer picture

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

Explained: How new GDP series will alter growth estimation methodology

India will shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards

Govt overhauls GDP data using granular CPI, WPI data to improve accuracy

Under previous methods, low nominal ‌GDP growth alongside low wholesale inflation created discrepancies by translating into higher real growth rates

Why India is resetting GDP and CPI base years and what the change means

From shopping baskets to growth calculations, India is updating the base years for CPI inflation and GDP to reflect today's economy, a recalibration that will change headline numbers without altering

Why Budget 2026 GDP and inflation numbers may change within weeks

Key GDP and inflation metrics will be revised in February as MoSPI updates base years, meaning several assumptions underpinning Budget 2026 will be recalculated soon after the speech

IMF hasn't questioned GDP growth figures, says FM Nirmala Sitharaman

India got a 'C' grade only for its national accounts data because the base year used is still 2011 to 2012

8% GDP growth in Q2 may evince pause in RBI's MPC December review

Interestingly, the US Federal Reserve's December 2025 meeting is a few days after the MPC's last scheduled review for 2025, in which it may cut rates further.

Manufacturing-related stocks have more headroom left, say analysts

At the bourses, meanwhile, Nifty India Manufacturing index, which has outperformed the market by surging 26 per cent in the past nine months