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

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.

December quarter of FY26, according to newly released national accounts data based on a revised GDP series with 2022-23 as the base year.

Updating the ASI sampling frame and refining the ASUSE methodology can further improve the accuracy and reliability of GDP and GSDP estimates ...

The outgoing GDP series, adopted in 2015, led to controversy. But, even with the new series, questions arise about the data and rising 'discrepancies', which officially capture the gap in calculations ...

For years it has been argued that we need to have more contemporary base years to capture adequately the changes taking place ...

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

On February 27, 2026, the Ministry of Statistics and Programme Implementation (MoSPI) will transition to a new GDP base year of 2022-23.

Under previous methods, low nominal ‌GDP growth alongside low wholesale inflation created discrepancies by translating into ...

The new GDP series due today is likely to peg India GDP growth rate at 7.6% in FY26 versus the first advance estimate of 7.4%, according to a Bloomberg survey.| Business News ...

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 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 ...