More accurate data soon: Big missing link in India's economy dashboard finally gets set to go liveCome July, India will unveil its inaugural Index of Services Production to correctly assess the pulse of the country's critical services se...
22 May, 2026, 01.57 PM IST
Centre to change base year for GDP, IIP to 2017-18The statistics ministry has proposed the new base year for GDP and IIP as 2017-18 while for CPI it will be 2018.
15 Feb, 2018, 11.41 PM IST
FY17 GDP growth likely to be revised to 7.6%: SBI ResearchAccording to SBI's research report Ecowrap, the GDP numbers scheduled to be released on May 31, is expected to be "pleasant affair" and the...
29 May, 2017, 02.45 PM IST
No index should eliminate source of natural fluctuation: TCA Anant, Chief StatisticianNow that the current GDP series and the IIP are on the same base, the directional bias has been eliminated
15 May, 2017, 03.17 PM IST
Government postpones launch of new IIP series to May 12The change in baseline for the IIP is expected to bring in more accuracy in mapping the level of economic activity and calculating other nu...
03 May, 2017, 04.14 PM IST
Crisil blames divergent growth dataprints for WPI-CPI varianceThe issue has gained notice since the 2008 global financial crisis when manufacturing GDP has been growing faster than IIP.
16 Mar, 2017, 02.08 PM IST
CSO starts collecting value added industrial output dataWhile India's gross domestic product captures value-added figures, the index of industrial production (IIP) does not, which results in a ga...
14 Mar, 2016, 06.44 AM IST
Why quarterly GDP figures & monthly IIP numbers are notoriously unreliableOne of the main reasons for GDP or IIP data being revised upward or downward is simply that such data is collected with a large time lag.
07 Sep, 2014, 12.39 PM IST
Index changes may not be captured by IIP; error can spill over to GDP estimatesCSO has been pushing for independent data collection for long to ensure accuracy in data release, which have come under fire for errors in ...
02 May, 2014, 05.00 AM IST
IIP: Should one really believe the core sector numbers?Changes in the core sector index may not be captured by the IIP, and the error, even if small, can spill over to the GDP estimates
02 May, 2014, 02.20 AM IST
Government decides to release IIP, CPI data after market hoursFinancial markets have in the past reacted sharply to release of IIP, GDP and CPI numbers at the scheduled time of around 1100 hours.
10 Jul, 2013, 06.28 PM IST
- Till December, growth hasn’t reflected turnaround: Chief Statistician TCA Anant
Chief Statistician TCA Anant plays down the poor industry performance saying that month-on-month performance is similar to the previous yea...
13 Feb, 2013, 05.00 AM IST
There are lot of problems with expenditure-side estimate: TCA Anant, Chief StatisticianWell, not really, as people had an idea that growth could disappoint in the light of the poor IIP data from the same time.
11 Jun, 2012, 03.34 AM IST
RBI has little headroom to control rupee slide: Keki Mistry, HDFCThere is not too much ability that RBI has at this moment to control the currency. Yes, it is more for the government to handle it rather t...
12 May, 2012, 11.39 AM IST
- Coming quarters to see very slow positive growth: N Seshadri, Bank of India
In an interview with ET Now, N Seshadri, Executive Director, Bank of India, gives his reaction on the IIP numbers and how it will affect RB...
10 Feb, 2012, 12.59 PM IST
- What data? It's party time
The latest rounds of GDP and IIP numbers indicate an upward bias while the new inflation numbers signal a downward bent.
20 Sep, 2010, 06.23 AM IST
- Numbers good on surface but chinks within: Kotak Mahindra Bank
Indranil Pan, Chief Economist, Kotak Mahindra Bank Shared his insight into the IIP numbers with ET NOW
11 Dec, 2009, 04.07 PM IST