As part of the ongoing exercise to update the GDP base year, the government will use several more datasets on the expenditure side to improve the sources of data and enable more accurate estimation of ...

Finance ministry has dismissed criticism of inflated GDP figures, stating that it followed consistent practices and that international agencies have revised their forecasts upwards after seeing ...

The country real GDP is projected to grow 6.5% in the current fiscal year, according to the Reserve Bank of India. (IE) In the backdrop of the debate around the accuracy of the April-June GDP data, ...

The government final consumption expenditure (GFCE) too was revised higher from 2.5% to 8.1%. (PTI) The National Statistical Office (NSO) will likely use GST Network (GSTN) data to compute the gross ...