A new GDP base year, US-Israel strikes on Iran, India's urban planning crisis, and artificial intelligence's impact on the IT sector dominate today's Opinion page
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
The significance of these figures becomes even more striking when viewed against the backdrop of numerous methodological changes and use of new data sources in the base revision exercise
India revises GDP methodology | Pronab Sen explains what it means
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