Searched for
IIP GDP
Statistical system may get AI overhaul, data to be treated as asset: MoSPI SecyIndia is set to modernize its statistical system. Artificial intelligence will be integrated into official data. A national business regist...- 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...
- GST collections rise 3.2% to ₹1.94 lakh crore in May; import-led revenues drive growthIndia's GST collections hit an impressive ₹1.94 lakh crore in May 2026, showcasing a 3.2% rise primarily driven by robust imports of essent...
- India meets FY26 fiscal deficit goal at 4.4% of GDP despite revenue and global pressuresIn a commendable feat, the Indian government has hit its FY26 fiscal deficit goal of 4.4% of GDP, largely due to prudent expenditure manage...
- 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...
- New IIP series to track CCTV cameras, stents, vaccines, card productsIndia's industrial tracking is getting a major upgrade. The new Index of Industrial Production will monitor 120 additional items, including...
- 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...
- States told to shift to new base year for GSDP by end of FY27The statistics ministry has directed states to adopt 2022-23 as the new base year for Gross State Domestic Product (GSDP) computation by fi...
- Govt to release October industrial output (IIP) data on Dec 1 amid GDP coincidenceIndia's industrial production data for October 2025 will now be released on December 1. This change is to align with the release of Gross D...
- MoSPI proposes new base years for IIP, GDP & CPIThe government plans to update the base years for key economic indicators. The Index of Industrial Production (IIP) and Gross Domestic Prod...
- 'Revision in WPI, IIP base year will raise 2016-17 GDP by 50 bps'"The 2016-17 GDP is going to be pushed up further from earlier estimates because of the change in the base year of IIP and WPI to 2011-12 f...
- 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...
- 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
- 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...
- 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.
- Divergent WPI, CPI explains non-alignment of manufacturing GDP and IIP: CrisilThe variance may be because, while the IIP measures the volume of output, manufacturing GDP aggregates the value-added which is obtained by...
- 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...
- 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.
- 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.
Load More
