India’s economic growth comes into focus at 4 PM on Friday as the Ministry of Statistics and Programme Implementation (MoSPI) ...

The new series of data not only revises the base year for calculation purposes to 2022-23, it also incorporates several vital changes with an aim to give a more accurate measurement of the size of the ...

The government has introduced wide-ranging methodological changes to measure gross domestic product (GDP) and allied numbers by heeding to the criticism over earlier single deflator method, which gave ...

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

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 shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards ...

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.

Such revisions usually change the level of GDP and its sectoral shares. The conceptual basis for GDP is contained in the UN supported recommendations commonly called the System of National Account ...

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data.

GDP doesn’t measure what we should care about, say critics. Is that true?

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