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GDP METHODOLOGY OVERHAUL
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 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...
- Fresh math for world's fastest growing economy: What's behind India's GDP revision and why it mattersIndia's new GDP revision is set to reflect new way of measuring the economy, shifting the base year for GDP to 2022–23. Authorities will al...
- India GDP Q3 FY26 Highlights: Growth at 7.8% in Oct–Dec after data revamp; FY26 forecast raised to 7.6%India's economy showed strong growth in the October-December quarter at 7.8 percent. For the full fiscal year ending in March, the South As...
- India's Q3 FY26 GDP growth slows sequentially to 7.8% under new series; FY26 estimate rises to 7.6%India GDP Data Key Insights Q3 FY26: India's economy grew 7.8 percent in the third quarter of fiscal year 2026. This growth surpassed expec...
- India’s growth may outpace current estimates after GDP data overhaulIndia's economy is poised for faster growth this financial year, with a new GDP base year expected to boost projections to 7.6%. This overh...
- India’s GDP reset to reflect seasonality, expanded coverage: Saurabh GargIndia will soon release new GDP data. This revised series will include seasonal adjustments. This aims to provide a more accurate picture o...
- India overhauls GDP data to improve accuracy, official saysIndia is set to revise its real GDP calculation methodology this week, incorporating a more granular approach using 500-600 price items fro...
- GDP, inflation, output: India hits reset on key economic numbersIndia is updating key economic indicators. The base year for GDP, IIP, and CPI will be revised. This aims to make data more accurate and re...
- RBI’s wait-and-watch stance signals confidence in growth: EconomistsThe Reserve Bank of India has kept its key interest rate steady. Economists agree this is a prudent move given strong economic growth and c...
- India’s GDP calculation set for overhaul with new base year, granular dataIndia's economic growth measurement is undergoing a significant overhaul, with the statistics ministry proposing the use of granular data a...
- India’s economic numbers are getting an upgrade: What’s changing, why it matters, and what the Centre wantsIndia is overhauling its economic measurement systems, incorporating online prices and real-time data to improve inflation, industrial outp...
- India’s key economic indicators to see major revamp in early 2026India's economic data is set for a significant upgrade in early 2026. Key measures like GDP, retail inflation, and industrial output will b...
- GDP measurements: Undercounting services & quality in favour of goods & quantity needs a fixCurrent GDP measurements, primarily designed for goods, inadequately capture the value of services, which now dominate economies like the U...
- Arrey brother, why bother? The economy’s doing too well to make attempting radical change worthwhileRadical changes are unavoidable for a bankrupt country, as India was in 1991. But not for a country averaging 6.5-7.0% GDP 'miracle' growth...
- Govt looks to change base year for major economic gauges to FY23, revamp of key datasets also being plannedThe base year provides a reference point for measuring changes in economic variables and comparing relative performances of indicators over...
- Modi adviser says India will push back on West monpoly over ESG aims“The issue is not so much about the need for some norms, but about who will be monitoring these targets,” Sanjeev Sanyal, a member of Modi’...
- View: Why headline GDP numbers alone don’t count for muchQ1 numbers show the economy to be in good stead, with GDP growth touching a nine-quarter high of 8.2%.
- To restore credibility of GDP, inflation and IIP data, Modi government sets up five committeesThe new series of national accounts that had puzzled even Chief Economic Adviser Arvind Subramanian and former RBI Governor Raghuram Rajan.
- IMF team to help Central Statistical Office improve data collection and processingIMF team is in India to study the nation’s recently overhauled data collection process that led to a sharp upward revision in economic grow...
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