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GDP METHODOLOGY CHANGES
WPI inflation surges to all-time high of 9.7% under new seriesIndia's wholesale inflation hit a record 9.7% in May. This marks the first reading under a new Wholesale Price Index series. Fuel and power...- India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...
- India risks becoming "unhealthier before it becomes richer," CEA V Anantha Nageswaran warnsIndia faces a health challenge before achieving wealth. Chief Economic Advisor V Anantha Nageswaran points to rising obesity and sedentary ...
- 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...
- India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
- Stock picks of the week: 6 stocks with consistent score improvement and upside potential of up to 29%At a time when there are so many headwinds for the markets, it is tough to imagine that things can get better. But sentiment is a fickle th...
- India overhauls inflation framework with new Producer Price Index, revised WPIIndia is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to a...
- India industrial output grows 4.9% in April as new IIP series shows manufacturing-led recoveryApril marked a significant milestone for India's industrial landscape, showcasing a 4.9% increase in production. The manufacturing sector w...
- India's industrial output in April slows on year to 4.9% under new seriesIndia's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...
- MoSPI asks states to shift GSDP base year to 2022-23 for better economic data accuracyThe Ministry of Statistics and Programme Implementation has issued new guidelines for calculating Gross State Domestic Product. The base ye...
- 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...
- View: What's wrong with Arvind Subramanian's GDP mathSubramanian makes self-contradictory claims and draws mathematically incorrect conclusions.
- 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...
- GDP back series data to be scrutinised before public releaseThe government doesn’t want similar doubts to cloud the back series growth data finalised for 2004-12. The GDP back series will provide ann...
- Set up committee to adopt acceptable GDP methodology: Parliamentary PanelA Parliamentary Panel today asked the government to constitute a committee of eminent economists to adopt "one acceptable methodology" base...
- 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...
- IMF team headed for India to grasp new GDP methodIMF's Director for Asia and Pacific Department Changyong Rhee said the change in the methodology was a "welcome move by India".
- Economic Survey 2015: New GDP methodology 'puzzling', shows growth in bad year, says Arvind Subramanian"The balance of evidence shows that India is still a recovering economy not a surging economy," the Chief Economic Adviser added.
- If the market had faith in GDP reading, it would have skyrocketed: ExpertEconomists surveyed around the world seemed to agree on one point: nobody really knows what to make out of the number, says Kumar of RKSV.
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