base year revision

  1. K

    CPI Inflation Increases: India's February Figures Released

    New Delhi, March 12: India's inflation rate, based on the new Consumer Price Index (CPI) series with 2024 as the base year, rose to 3.21 per cent for February compared to the same month of the previous year, according to data released by the Ministry of Statistics on Thursday.There was a 0.47...
  2. A

    Revised Fiscal Deficit Estimates Reflect GDP Base Change

    New Delhi, March 10 The fiscal deficit as a percentage of GDP for the three financial years up to 2024-25 has been revised upwards following the revision in the base year for calculating GDP, the government informed Parliament on Tuesday.According to the new GDP series published on February...
  3. R

    Strong Economic Momentum: India's GDP Growth Revised and Projected to Continue Rising

    New Delhi, Feb 27 – The projected economic growth for the next fiscal year has been revised upwards to 7-7.4 percent, and the GDP size will comfortably exceed the USD 4 trillion mark, Chief Economic Advisor V Anantha Nageswaran said on Friday.The Economic Survey presented in Parliament in...
  4. A

    India's GDP Forecast Rises to 7.6% Following New Calculation Framework

    New Delhi, Feb 27 India's economic growth forecast was raised to 7.6 per cent for the current fiscal year, following a revamp of the GDP calculation framework, highlighting the resilience of the world's fastest-growing major economy amid global trade disruptions.The growth forecast for the...
  5. D

    Revised GDP Data Includes More Accurate Measurement of Household Spending

    New Delhi, February 26 The new series of Gross Domestic Product (GDP) with the 2022-23 base year will include data on goods and services tax, e-Vahan, and household services provided by cooks, drivers, and domestic help, to make economic data more accurate.The GDP data for the third quarter...
  6. K

    Revised GDP Estimates Incorporate Key GST Data Sources

    New Delhi, February 24 – A sub-committee set up by the Ministry of Statistics and Programme Implementation (MoSPI) has recommended the enhanced use of GST data in the new series for GDP estimates, with 2022-23 as the base year.The report of the sub-committee on the incorporation of new data...
  7. A

    Inflation Data Update: Key Changes and Implications for India

    New Delhi, February 22 – India on Thursday launched a new series of its Consumer Price Index (CPI), the benchmark that tracks retail inflation, starting with data for January, at 2.75 per cent.The new series covers a wider range of goods and services and adjusts the weights of different...
  8. A

    Inflation Data Revision Includes E-Commerce and OTT Prices

    New Delhi, February 11 The government will release the retail inflation data for January based on the new Consumer Price Index (CPI) series on Thursday, which will also reflect price movements in airfares, e-commerce platforms, and subscription rates of OTT channels.The new series, with a base...
Back
Top