That marks a slight downgrade from the "around 5%" target set in the past three years.

The Modi government has been tom-toming India's "highest GDP growth" story for long now. The government, however, has been conveniently setting this rhetoric in terms of the so-called "real GDP", ...

Recent changes in India’s GDP estimation promise a clearer view of the economy’s performance. Services dominate, but shifts ...

At the opening of Thursday’s National People’s Congress, Premier Li Qiang unveiled a GDP growth target of 4.5% to 5% for 2026 ...

My concern is that, although everything is expressed in monetary terms, you are effectively combining values that have been ...

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

India is set to overhaul the GDP calculation process with a new base year of 2022–23. In this detailed conversation, India ...

India’s data reset reveals a smaller economic footprint and weakened consumption, validating long-held overestimation claims. Even though there is improved statistical robustness, some concerns remain ...

The GDP revision improves measurement, says former chief statistician Pronab Sen, but raises questions on double deflation, consumption surge and fiscal maths ...

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data.

India’s new GDP series ditches broad-based deflators for granular, sector-specific price indices ahead of February 27 release ...

India will shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards ...