Nageswaran responded to concerns raised by some economists over India's GDP estimates, stressing that GDP measurement is an estimate in eve...

India 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...

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 is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to a...

April marked a significant milestone for India's industrial landscape, showcasing a 4.9% increase in production. The manufacturing sector w...

India's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...

The Ministry of Statistics and Programme Implementation has issued new guidelines for calculating Gross State Domestic Product. The base ye...

Chief Economic Advisor V Anantha Nageswaran stated that India's GDP estimation methods are not inferior. He urged a change in mindset that ...

The Economic Survey has ruled out any misestimation of India’s gross domestic product (GDP) in the wake of the recent debate about possible...

Subramanian makes self-contradictory claims and draws mathematically incorrect conclusions.

In a clarification issued in response to a paper authored by Arvind Subramanian, the govt said the country follows accepted international p...

The government doesn’t want similar doubts to cloud the back series growth data finalised for 2004-12. The GDP back series will provide ann...

A Parliamentary Panel today asked the government to constitute a committee of eminent economists to adopt "one acceptable methodology" base...

Along 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's Director for Asia and Pacific Department Changyong Rhee said the change in the methodology was a "welcome move by India".

"The balance of evidence shows that India is still a recovering economy not a surging economy," the Chief Economic Adviser added.

Economists surveyed around the world seemed to agree on one point: nobody really knows what to make out of the number, says Kumar of RKSV.