The revised base for calculation of inflation will be 2024, and IIP will be 2022-23. It may be noted that the first advance ...

India to use double deflation in new GDP series, addressing IMF concerns and boosting data credibility to align with global standards.

Lower nominal GDP growth rate could hit gross tax revenue estimates, fiscal deficit to meet 4.4% target, say analysts ...

With the government’s focus on data-driven decision-making, getting timely statistics has become crucial, and the Ministry of Statistics and Programme Implementation (MOSPI) is working on several ...

India's GDP is projected to grow by 7.4% in 2025-26, a significant jump from the previous 6.5%. Read the highlights of the ...

India's upcoming GDP series, set for early next year, will feature enhanced data on the burgeoning digital economy and unincorporated enterprises. Improvements in data collection, boosted by GST and ...

The Reserve Bank of India had last month forecast that India’s GDP in real terms is expected to expand 7.3% in the current ...

Statistics ministry weighs global move under SNA 2025 that could reset growth benchmarks and Viksit Bharat timelines ...

How do you get from Nominal GDP to Real GDP? You subtract inflation. The Bureau of Economic Analysis (BEA) uses its own GDP Deflator for this purpose, which is somewhat different from the BEA's ...

How do you get from Nominal GDP to Real GDP? The Bureau of Economic Analysis (BEA) uses its own GDP Deflator for this purpose. In a recent commentary Rick Davis, the founder of Consumer Metrics ...