India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.

The updated GDP series with the base year 2022-23 aims to refine economic data accuracy by incorporating GST, e-Vahan, and ...

As India shifts to 2022-23 as the new base year for measuring GDP, here’s a simple look at the key data concerns raised over ...

India will announce its Q3FY26 GDP data tomorrow, marking the debut of a new GDP series with FY23 as the base year, and while ...

The latest GDP series will also see major changes, the most crucial of which will be how nominal GDP is adjusted for price changes to arrive at real GDP. According to economists, India’s real GDP ...

Economists anticipate the 2022-23 series could revise FY26 growth higher, potentially accelerating India’s trajectory toward ...

India will release its rebased GDP series with 2022–23 as the base year, incorporating digital services, gig economy data, ...

It is adopting more granular price deflation to address concerns raised by economists that its method is outdated Read more at The Business Times.

Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.

The Ministry of Statistics and Programme Implementation (MoSPI) has decided not to use Unified Payments Interface transaction ...

By Shubham Batra NEW DELHI, Feb 24 (Reuters) - India will overhaul how it calculates real GDP growth under a revised national ...

India is revising its GDP calculation methods to enhance accuracy and address economist concerns over previous discrepancies.