gross domestic product

Kuala Lumpur, March 24. Economists have revised their forecast for the ASEAN-6's gross domestic product (GDP) growth to 4.5 per cent in 2026, down from 4.8 per cent, and to 4.7 per cent in 2027, also down from 4.8 per cent, due to the impact of the conflict in West Asia.The ASEAN-6 countries...

New Delhi, March 13 Trinamool Congress MP Derek O'Brien criticized the BJP-led government at the center on Friday, saying that while it has created the best slogans, the reality is that it has failed to achieve tangible results.He pointed out that despite creating big slogans, India continues...

Mysuru (Karnataka), March 7 Karnataka Chief Minister Siddaramaiah on Saturday rejected the BJP's criticism that the state budget was debt-driven and favoured only one section, asserting that the government has maintained fiscal discipline within the limits prescribed by law.Siddaramaiah, who...

Mumbai, March 6 – The Maharashtra government has set an ambitious target to increase the gross income of the industrial sector in the state from $123 billion to $1,500 billion by 2047.Chief Minister Devendra Fadnavis, while presenting the annual budget for 2026–27, stated that the state’s new...

New Delhi, February 27 Trimming the Indian economy by approximately Rs 12 lakh crore in the current financial year, following a revamp of the GDP calculation framework, may push the fiscal deficit higher, experts said.The Ministry of Statistics and Programme Implementation (MoSPI) released the...

New Delhi, February 27 The government on Friday released the new series of Annual and Quarterly National Accounts or GDP estimates, with a base year of 2022–23, replacing the previous series with a base year of 2011–12.Here is a quick guide to the fundamental terms used to measure India's...

February 27, New Delhi – India's Ministry of Statistics and Programme Implementation has released a new series of Annual and Quarterly National Accounts Estimates, with a base year of 2022–23, replacing the previous 2011–12 series.The announcement was made at a press conference in New Delhi on...

New Delhi, February 27 – India's GDP growth estimate has been revised to 7.6% for the current fiscal year from 7.4%, following a government revision of the calculation methodology, including changes in the base year and incorporating data from the GST and e-Vahan portals, to better reflect...

New Delhi, February 27 India's economy grew by 7.8 per cent during the October-December quarter of 2025-26, up from 7.4 per cent a year ago, according to the new series of national accounts with 2022-23 as the base year.The Ministry of Statistics and Programme Implementation (MoSPI) released...

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...

Washington, February 24 – The United States has identified its response to China's rise as "the defining story of the 21st century" and has signaled a deeper, but conditional, economic partnership with India as part of a broader Indo-Pacific strategy.In its Agency Strategic Plan for Fiscal...

Chief Minister Conrad K. Sangma stated on Monday that Meghalaya has emerged as the second fastest-growing economy in the country, with a real GDP growth rate of 9.66 percent, as highlighted in the Governor's Address.Responding to the general discussion during the ongoing budget session, Sangma...

Mumbai, February 23 – Maharashtra Governor Acharya Devvrat said on Monday that the state continues to be a leading destination for foreign investment, contributing over 13.5 per cent to the national GDP. He further stated that a “Vision Management Unit” has been set up to guide the state’s...

JAMMU, February 17: The Jammu and Kashmir Legislative Assembly passed grants for the Agriculture, Rural Development, Animal and Sheep Husbandry, Horticulture, Fisheries, Cooperatives, and Elections Departments through a voice vote after a day-long discussion.Responding to the discussion...

Union Finance Minister Nirmala Sitharaman stated that India has increased its commitment to climate action, allocating nearly 5.6 percent of the country's Gross Domestic Product (GDP).Speaking in a panel discussion on "Degrees of Instability: Climate Security in a Warming World" in Munich...

The 29th report on government action based on the observations of the Standing Committee on Finance regarding the Roadmap for Indian economic growth in light of global economic and geopolitical circumstances was presented in the Lok Sabha today. Arun Bharti of LJP (R) presented the report in the...

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...

New Delhi, February 9 Moody's Ratings projected on Monday that India's GDP will grow at 6.4 per cent in the next fiscal year, the fastest pace among G-20 economies, driven by strong domestic consumption, policy measures, and a stable banking system.In its report on the banking system, Moody's...