At the item level, both prices and methodology remain unchanged, and since the prices are already current, no significant distortion is expected, the Statistics Secretary said ...

A new WPI series with 2022-23 as base year will be released in the coming months and adopted in the revised GDP series, MoSPI Secretary Saurabh Garg said, with double deflation to improve ...

India is growing at a stable 7%-plus level. Higher growth will come from private investment stepping up ...

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

After a decade, the GDP series is undergoing a revision. Some of the proposed changes will make for a more accurate reading of the economy but the shortcomings of the deflator will remain ...

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

Former Chief Statistician Pronab Sen discusses India’s new 2022-23 GDP base year series. While commending MoSPI's ...

Chennai: The GDP base year is being revised from financial year 2011-2012 to 2022-23 and the revised series will be released on February 27. The previous revision of base year in 2015 as well as the ...

The release of the new series of national accounts data is a welcome improvement to India’s key economic statistics ...

The national and regional economic environments reflect a complex combination of moderating growth, labor market deceleration, and early signs of shifting consumer and business conditions mostly tied ...

Check the UPSC Economy formula sheet for quick revision. Learn key formulas related to GDP, inflation, fiscal deficit, national income, and economic indicators for Prelims preparation.

New GDP data series launching on February 27, 2026, promises enhanced accuracy through upgraded methodologies and new data sources.