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GDP BASE YEAR CHANGE
Proverb of the day: ‘The chameleon changes color to match the earth, the earth doesn't change to match the chameleon’ - A timeless lesson on adaptability and embracing changeToday's proverb of the day shows that true peace arises not from battling external forces, but from personal transformation. Life's inevita...
India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...
Goldman Sachs raises India FY27 growth forecast to 6.5%Goldman Sachs has boosted India's FY27 growth outlook to 6.5%, citing lower oil prices and easing supply issues. The investment bank also a...
One detail in a 248-year-old notebook changed everything for music historiansA forgotten Mozart manuscript, containing seven short pieces for flute and harp, has been discovered in a 248-year-old notebook. Curators r...
What is the 'Omega Block' causing Europe's intense heatwave?A severe heatwave gripping Western Europe, causing over 50 deaths in France, is fueled by an 'omega block' weather pattern. This phenomenon...
Goldman Sachs upgrades India's growth outlook after US-Iran peace dealGoldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and re...
Is your SIP giving FIIs an easy exit? AMFI CEO says mutual funds will actually lure them backForeign investors have withdrawn over $60 billion from Indian equities, prompting concerns that retail investors are funding their exits. H...
Global Market: US revises 2026 first-quarter GDP growth up to 2.1%The US economy showed stronger growth than initially thought in the first quarter, reaching an annual rate of 2.1 percent. This upward revi...
IMF says it will take time for energy, commodity prices to normalize after US-Iran dealThe IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take t...
A 780,000-year-old tool secret is changing what we know about early humansA remarkable discovery is changing the story of human evolution. Scientists have found that early humans living 780,000 years ago carefully...
Best proverb of the day: 'When the wind of change blows, some people build walls, others build windmills'Change is constant, and our reaction defines our success. The proverb "When the wind of change blows, some people build walls, others build...
Tata Motors bullish on CV demand as India growth can outweigh Iran war impact in long termTata Motors anticipates short-term headwinds for commercial vehicle demand due to West Asia war-induced diesel price hikes. However, MD & C...
Service output index to debut next month with FY25 baseIndia is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Productio...
Nominal GDP growth could fuel largecap recovery; pharma, auto ancillaries remain preferred bets: Shreyash DevalkarIndian stock markets are defying foreign investor caution, driven by resilient June-quarter earnings. Companies are navigating geopolitical...
Discovery of 16 human bones changed the course of history. How they survived 40,000 years ago and did climate change made them extinct?A remarkable discovery of 16 bones in Germany's Neander Valley in 1856 challenged prevailing scientific beliefs about human origins. Initia...
Can anyone fix Britain? Regular change of PM a symptom of UK's malaiseBritain faces a political crisis with a rapid turnover of leaders, the latest being Keir Starmer's resignation. Decades of economic stagnat...
Lower oil prices open door for MPC to time policy normalisation: ICICI ResearchFalling oil prices and easing geopolitical tensions have improved India's inflation outlook, giving the Monetary Policy Committee room to d...
Power and IT set to remain dominant industries as pvt sector leads India's investment landscape in post-Covid era: ReportPower and IT sectors are set to lead India's economic growth. New investment announcements show a strong focus on electricity and technolog...
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...