Under the new series released on February 27, the nominal GDP for the current financial year is estimated to come down by ...

The National Statistical Office released a new GDP series with 2022-23 as the base year after an 11-year gap, amid public questioning of the veracity of the 2011-12 series. The revised estimates show ...

These involved changes in the relative weights of output sectors and demand segments, better coverage by the use of ...

The fiscal deficit as a percentage of GDP for three financial years till 2024-25 has been revised upwards following the revision in base year for calculation of GDP, the government informed Parliament ...

India's new GDP series with base year 2022-23 changes the size, sectoral composition, and expenditure patterns of the economy ...

While the new series portrays a more steady growth rate compared to the previous series, it also raises discomfiting policy questions ...

India has officially shifted its GDP base year from 2011-12 to 2022-23 to better reflect structural shifts, such as the digital economy and formalization.

SBICAPS Research puts the FY27 pressure in starker terms. Assuming 10% nominal growth and a similar absolute fiscal deficit of ₹16.95 trillion, the deficit could overshoot its FY27 target by 25 basis ...

India is set to improve how it measures economic output at the district level. New methods will use more detailed data to better understand regional differences. This shift aims to help policymakers ...

The government on Friday released the New Series of Annual and Quarterly National Accounts or GDP Estimates with base year 2022–23, replacing the prev ...

Economists and industry leaders have termed Indias 7.8 per cent GDP growth in the October-December 2025 quarter (Q3 FY26) as ...