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REVISED GOVERNMENT GDP DATA
US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....- US Stock Market: Fed's Warsh targets real-time economic data overhaul, unveils global advisory task forcesFederal Reserve Chairman Kevin Warsh is spearheading a significant shift towards real-time economic data, aiming to reduce reliance on trad...
- US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisionsFederal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite...
- 72 websites got FCRA clearances in 2026 so far, shows government dataKakinada-based Seva Bharathi, which runs blood banks and helps in disaster relief and education, has been registered under the "Economic, E...
- June GST collections 13.9% to ₹1.95 lakh croreIndia's GST revenue surged 13.9% to ₹1.95 lakh crore in June, driven by a significant 34.6% jump in import tax collections. While domestic ...
- Japan plans sovereign AI model, 10 million AI robotsJapan plans to develop a homegrown artificial intelligence model and have 10 million AI-equipped robots operating in more than a dozen sect...
- Fiscal deficit widens to 9.6% of FY27 target on higher spendingIndia's fiscal deficit surged to 9.6% of the annual target in the first two months of the financial year, a significant jump from last year...
- New macro indicators in the works to track Viksit Bharat progressIndia is crafting a robust Viksit Bharat Sankalp indicator framework, featuring around 385 macro indicators, to meticulously track its jour...
- India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 aimIndia's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to gover...
- 8th Pay Commission: Key deadline ends today; why this step is important for central government employees’ salary hikeCentral government departments must submit pay revision data for the 8th Pay Commission by today, June 30, 2026. Submissions are strictly o...
- Karnataka to issue permanent residence certificates amid ECI's voter roll revisionKarnataka is issuing permanent residence certificates during the Election Commission's voter enumeration drive to ensure eligible citizens ...
- Treat administrative data as national asset: PK MishraIndia's administrative data should be treated as a national asset to enhance policymaking and service delivery, according to Principal Secr...
- India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
- India's industrial output quickens to 5.1% in May from 4.9% in April as manufacturing, electricity drive growthIndia's industrial production surged by 5.1% in May 2026, largely propelled by strong manufacturing activity despite a decrease in mining o...
- 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...
- One year of Election Commission's Special Intensive Revision: Over 5.8 crore names deleted from electoral rollsOver 5.8 crore voters have been removed from electoral rolls across 12 states and Union territories in a year-long purification drive by th...
- 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...
- 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...
- 'Growth momentum solid,' IMF says, backing Fed's wait-and-see approachThe U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates infl...
- 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...
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