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STATISTICAL CLASSIFICATIONS
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...
Govt to tap AI for mapping supply chains and investment clustersIndia's upcoming Statistical Business Register (SBR) will leverage AI and analytics to map supply chains, identify investment clusters, and...
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...
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...
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...
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
Supreme Court rules no personal hearing needed before declaring bank account as fraudThe Supreme Court has issued a pivotal directive concerning the classification of bank accounts as fraudulent, opting not to allow personal...
Base year for goods trade indices revised to '22-23India's merchandise trade indices have a new base year, 2022-23, replacing the old 2012-13. This update reflects significant economic shift...
MoSPI unveils draft National Industrial Classification 2025The statistics ministry has drafted the National Industrial Classification (NIC)-2025, revising the NIC-2008 to incorporate economic change...
MoSPI invites feedback on draft National Industrial Classification NIC-2025The Ministry of Statistics and Programme Implementation seeks input on the upcoming National Industrial Classification 2025. This classific...
Panels formed to undertake eighth economic censusIndia is gearing up for its eighth economic census, employing technology for data collection, while addressing data quality concerns from t...
MOSPI launches revamped microdata portal, AI-based tool, websiteThe Ministry of Statistics and Programme Implementation (MOSPI) launched a revamped Microdata portal for enhanced data accessibility and us...
Hooked onto video games? Now that's officially a disorderWho says so? WHO, of course. So this modern malaise is now fair game for medics.
Government upgrades NIC Code to make business climate more friendlyThe government upgraded the National Industrial Classification (NIC) Code with a view to make business climate more investor friendly.
- Panel to plug gaps in statistical system
The Cabinet has approved a Bill for constitution of National Statistical Commission to address the gaps and deficiencies in the country's s...
- Cabinet okays Bill to set up statistics panel
The Cabinet on Monday approved a Bill for constitution of National Statistical Commission to address gaps and deficiencies in the country’s...
- Govt to adopt common 8-digit code for simplifying imports
In a bid to simplify import procedures and documentation, Union Cabinet on Thursday decided to bring an Ordinance for introduction of a com...
- India to adopt new commodity classification
NEW DELHI: India will soon adopt the new commodity classification for imports and exports in a bid to ease the procedures and reduce transa...