India to update GDP base year to fiscal 2023
India is set to update the base year for calculating gross domestic product (GDP) to fiscal 2023 from fiscal 2012, Minister for Statistics Rao Inderjit Singh told Parliament on Monday. An advisory committee on national accounts statistics has been formed to identify new data sources and advise on the methodology for the revised series,
MoSPI to revise GDP base year from 2011-12 to 2022-23; here’s how it can impact GDP data
To oversee this transition, a 26-member Advisory Committee on National Accounts Statistics (ACNAS), chaired by Biswanath Goldar, had been formed last week.
Panel comprising RBI to update GDP base year to 2022-23
Government forms panel to update GDP base year from 2011-12 to 2022-23, aiming for accurate economic representation.
India to Update Base Year for Calculating GDP to 2022-23
India will change the base year for compiling its gross domestic product to 2022-23 from 2011-12, Statistics Minister Rao Inderjit Singh said in a written reply in parliament on Monday.
India to revise GDP base year from 2011-12 to 2022-23
India is updating its GDP base year from 2011-12 to 2022-23 by February 2026 for a more accurate economic reflection. A committee has been formed to oversee this transition. Additionally, new monthly labour force estimates will be released from January 2025 to enhance data-driven decision-making.
ET Now on MSN2h
GDP Base Year Change: Big update for compilation of Gross Domestic Product - Details
Rao Inderjit Singh, Minister of State (Independent Charge) of the Ministries of Statistics and Programme Implementation, ...
November Consumer Confidence Bodes Well For Future GDP Growth
The Conference Board’s Consumer Confidence Index increased in November 2024 to 111.7, the highest level since July 2023.
Forex Factory2d
Gross domestic product by industry, September 2024
Real gross domestic product (GDP) edged up 0.1% in September, after remaining essentially unchanged in August. Services-producing industries rose 0.2% in September, in large part driven by increases ...
Mint Primer | Slowdown: Time to recalibrate India’s growth story in FY25?
The latest economic growth figures, released on Friday, show that growth in gross domestic product (GDP) has now declined for ...
Vietnam PM Says Government Aims for 8% Economic Growth in 2025
Vietnam’s Prime Minister Pham Minh Chinh said the government will strive for economic growth of about 8% next year, ...
Bernews3d
Minister On 2023 Gross Domestic Product
The 2023 Annual Gross Domestic Product [GDP] report from the Department of Statistics confirmed that the Bermuda economy grew ...
We’re swimming in cash — the state’s budget agency has been underestimating revenue, bigly
Gone are the dark clouds that had me blind It’s gonna be a bright (bright), bright (bright) Sun-shiny day —Written and sung ...
Indian stock market: Experts stay optimistic despite Q2 GDP shock, recommend THESE key sectors and stocks to buy
India's GDP growth rate for Q2FY25 was 5.4%, the lowest in nearly two years, down from 8.1% last year. Despite this decline, ...