Category : Search result: GDP data revision


India to scrap GDP 'discrepancies' in new data series

India's statistics ministry plans to eliminate the contentious 'discrepancies' component from GDP calculations. The new series, with a 2022-23 base year, aims for greater accuracy, with a full back series expected by February 2027.

India's GDP Glow vs. Ground Reality

India's impressive GDP numbers face scrutiny. Experts warn they may be overstated, creating an illusion of growth. Dive into the structural concerns behind the headline figures.

RBI Raises India's 2025-26 GDP Forecast to 7.3%

The Reserve Bank of India has revised its GDP growth projection for 2025-26 upwards to 7.3%, signaling robust economic confidence. Discover the key drivers behind this optimistic outlook.

RBI Raises GDP Growth Projection to 7.3% for FY26

The Reserve Bank of India has revised its GDP growth forecast for the current fiscal year upwards to 7.3%, signaling strong economic momentum. Get the latest details and analysis here.

Govt to Update GDP Base Year to 2022-23 from 2011-12

Finance Minister Nirmala Sitharaman announced India will update its GDP calculation base year to 2022-23. New data series, reflecting modern consumption, will be released on Feb 27. Read the full story.

IMF 'C' Rating Questions India's GDP Data Quality

The IMF's 'C' rating highlights long-standing issues with India's GDP data, including an outdated base year and deflator problems, casting doubt on the impressive 8.2% Q2 growth figure. Experts call for urgent statistical reforms.

Kharge, Sonia, Rahul Lead Protest Against SIR in Parliament

Congress leaders Mallikarjun Kharge, Sonia Gandhi, and Rahul Gandhi led opposition MPs in a protest against the Special Intensive Revision (SIR) of electoral rolls. They raised slogans and held banners accusing the government of 'vote chori'. Read the ful

India-Pakistan GDP Gap Could Mirror Korea Night Photo

Economist Noah Smith's viral tweet predicts a stark economic divergence between India and Pakistan, visible from space. We analyze the GDP numbers and growth trajectories shaping this potential future.

SIR Debate Dominates Parliament's Winter Session Opening

The Winter Session of Parliament commenced with a heated debate on the Special Intensive Revision (SIR) of electoral rolls. PM Modi urged lawmakers to focus on substantive issues, while the opposition demanded a discussion. Read the full details.

India's Q3 GDP Growth Hits 8.4%, FY24 Forecast Raised

India's economy grew at a stellar 8.4% in Q3 FY24, the fastest in six quarters. The government revised its full-year growth estimate upward to 7.6%. Discover the key drivers and what this means for Asia's third-largest economy.

India's DPDPA Rules: A Compliance Challenge

India's Digital Personal Data Protection Act Rules are now out, but businesses face a complex path to compliance. We explore the key hurdles, from consent to cross-border data flows.

Coupang Data Breach Impacts 33.7 Million Customers

South Korea's top e-commerce giant Coupang apologises after a massive data breach leaks personal details of 33.7 million users. Learn about the investigation and how to protect yourself.

India's Economy: 8.2% Growth with Fiscal Strain

India's Q2 GDP grows at 8.2% while nominal GDP shrinks, creating fiscal challenges. Manufacturing surges 9% but budget targets face pressure. Expert analysis on economic outlook.

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