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GDP ESTIMATION METHODOLOGY
Former chief statistician Pronab Sen seeks two GDP series with old, new bases for five yearsAdvocating for dual GDP series, former chief statistician Pronab Sen argues that accurate double deflation is contingent upon extensive dat...- 2.7 ka 7.8, 7.8 ka 2.8... The data debate behind India’s GDP growthThe latest GDP metrics reveal a robust real growth of 7.8% for Q1 FY27, although some dissent surfaced due to erroneous comparisons between...
- India's economy shatters a 35-year barrier to enter A-rated clubIndian Economy: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign credit rating from BBB+ to A-, restoring an A rating for I...
- New GDP series captures structural changes in economy, reflects global best practices: N K SinghN K Singh supports new GDP data reflecting India's economic structural changes. He also noted the sovereign rating upgrade after thirty-eig...
- ‘I was shocked’: Neelkanth Mishra hits back at ‘egregiously wrong’ claims on India’s GDP growthEconomist Neelkanth Mishra defended India's GDP growth numbers against revision claims. He stated economic indicators point to a stronger e...
- GDP data revision: Govt says it's revised base, not baselessIndia's statistics ministry defended its latest GDP growth figures. The ministry cited improved data sources and methodologies for the esti...
- Why was ₹6 lakh crore shaved off last year’s GDP? Govt explains the numbersThe government clarified GDP revisions are due to series changes and improved data. Last year's GDP estimate was adjusted after a new base ...
- Make in India achieved little but govt's 'Fake in India' continues: Cong on GDP numbersCongress leaders criticized the government's latest GDP numbers as statistical gymnastics. They claimed the "Make in India" initiative has ...
- India rides out West Asia storm as GDP grows 7.8% in April-June quarterIndia's economy demonstrated remarkable strength with a 7.8% growth rate in the June quarter, outpacing earlier estimates and navigating th...
- India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth acceleratesIndia's industrial output marked a notable 7.3 percent growth in June 2026, fueled by a strong surge in manufacturing and an uptick in elec...
- PPI vs WPI: What is Producer Price Index and why will it replace Wholesale Price Index in India?India is phasing out the Wholesale Price Index for a new Producer Price Index. This shift aims to capture prices closer to the factory gate...
- India to roll out new high-frequency economy barometer on July 14India will launch a new services production index next week to track activity in the country's dominant services economy. It aims to provid...
- India has got a $5 trillion sleeping giant: Can govt wake it up?India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...
- How Brexit is estimated to have hit the UK economyBritain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity,...
- CEA defends India's GDP data, says country does not use methodology changes to inflate growth numbersNageswaran responded to concerns raised by some economists over India's GDP estimates, stressing that GDP measurement is an estimate in eve...
- CEA says mindset that India's data estimates being inferior needs to changeChief Economic Advisor V Anantha Nageswaran stated that India's GDP estimation methods are not inferior. He urged a change in mindset that ...
- India's GDP growth neither over-nor underestimated, says Economic SurveyThe Economic Survey has ruled out any misestimation of India’s gross domestic product (GDP) in the wake of the recent debate about possible...
- EAC-PM rejects Arvind Subramanian's claim on over-estimation of GDPThe EAC-PM asserted that India's GDP estimation methodology is on par with its global standards.
- Government defends official growth data, says followed global practicesIn a clarification issued in response to a paper authored by Arvind Subramanian, the govt said the country follows accepted international p...
- India gets IMF help on 'back-casting' of new GDP dataAlong with the changes made in January to the methodology and the base year, the government had also revised its GDP growth estimates for 2...
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