India is set to release a revised GDP series with FY23 as the new base year, replacing 2011-12.
Economy continues to maintain strong growth momentum, supported by broad-based activities, says CEA Nageswaran
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 manufacturing sector, which currently accounts for about 17 per cent of gross domestic product (GDP)
Earlier this month, the government revised its inflation series to better capture shifting spending patterns in the world's fastest-growing major economy
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 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
Under 2004-05 series, India recorded 3 straight yrs of 9%-plus growth
New 2022-23 GDP base may not change sector shares unless methodology is revised, as past shifts show sharp impact of statistical tweaks
Given fiscal constraints and the need to lower the debt-to-GDP ratio, the Union finance ministry sees reviving asset monetisation as key to sustaining growth momentum
Under previous methods, low nominal GDP growth alongside low wholesale inflation created discrepancies by translating into higher real growth rates
Clean Max Enviro has set the price band for the issue in the range of ₹1,000 to ₹1,053 per share, with a lot size of 14 shares
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
Economists expect Q3 GDP growth to remain above 7 per cent, supported by a pickup in consumption and investment
Panel report released by the National Statistics Office signals shift to more granular expenditure tracking
Ind-Ra expects states' fiscal deficit to widen to 3% of GDP in FY27 due to higher revenue spending, with SASCI-linked borrowing potentially lifting it to 3.5% of GDP
Japan's economy expanded at an anemic 0.2% annual pace in the last quarter, the government reported Monday, with growth for all of 2025 at just 1.1%. Private consumption rose at a 0.4% annualized pace in October-December, but that was offset by a 1.1% drop in exports, the latest seasonally adjusted preliminary data show. Japan's export-reliant economy has been shaken by President Donald Trump's tariffs, but has been growing at a lackluster pace for years. Prime Minister Sanae Takaichi is expected to roll out policies to help revive the economy after a landslide victory in a general election earlier this month. Takaichi has promised to spend more and to suspend Japan's sales tax on food, among other measures. Japan's GDP contracted 0.7% in July-September, quarter-to-quarter, after growing 0.5% in April-June. Since the economy returned to growth in the latest quarter, the country narrowly avoided a technical recession, which is two straight quarters of contraction. On a quarterly ba
Urban India to power 70% of GDP in FY26, with Tier-II and Tier-III cities emerging as new growth hubs, says Dun & Bradstreet report
Private investment has been constrained by several factors over the years
Even for 2025-26, miscellaneous capital receipts were budgeted at ₹47,000 crore, but were later revised down