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NEW IIP DATA
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...
BJP’s incompetence exposed by women, children health data, claims KhargeCongress leader Mallikarjun Kharge has criticized the BJP government. He claims NFHS-6 data reveals the government's incompetence in health...
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...
Rare earth, gas supply, aircraft parts: What’s inside the new IIP calculus as India revises base yearIndia is updating its Index of Industrial Production. The new series will use 2022-23 as the base year, replacing the old 2011-12 base. Thi...
90.6% hospital births, 96% plus vaccinations: NFHS-6 reflects India's "accelerated progress" in family health parametersIndia's National Family Health Survey-6 shows significant improvements in maternal and child health. Vaccinations and antenatal care have i...
India to revamp IIP with new base year, wider coverage from June 1India will launch an updated Index of Industrial Production on June 1. The new IIP will feature a 2022-23 base year and include sectors lik...
India proposes broad revamp of industrial output index ahead of new seriesIndia's statistics ministry is set to unveil a new way to measure industrial output next week. Key changes include expanding the sectors tr...
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...
Core sector output rises 1.7% in AprilIndia's core sector output saw a rise in April, reaching 1.7% growth compared to the previous year. This improvement was driven by increase...
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...
Despite uncertainty, India to withstand global shocks due to strong macro fundamentals: BoB ReportIndia's economy is poised to overcome global challenges as strong domestic fundamentals will provide resilience, a BoB report said. Industr...
India industrial output at 4.1%, hit by Iran warIndia's industrial output grew 4.1% in March, a five-month low. This slowdown was influenced by weaker electricity and manufacturing sector...
Industrial growth dips to five-month low of 4.1% in MarchIndia’s industrial output growth slowed to a five-month low of 4.1% in March from 5.1% in February, weighed down by weaker manufacturing an...
Industrial production rises to 5.2% in February, led by manufacturingIndia's industrial production saw a 5.2% rise in February, a slight increase from January. Manufacturing output drove this growth. Economis...
- New IIP data too suffer from timeliness, quality issues
Economists remained skeptical on the question of quality of data improving. Concerns on methodology, collection of data and size of the sam...
- New data to feed CPI, IIP in the works
The government is planning to revise some of the key statistical indices, including the consumer price index (CPI) and the index for indust...