"Our existing series was based on the year 2011-2012. The international norm is that this should happen every five to seven years. However, due to COVID-19, we transitioned to a new financial system, and GST was introduced, which caused a slight delay," Garg said.
The revision of the base year for national accounts to 2022-23 will significantly strengthen policy formulation by providing more accurate and granular economic data, Statistics Secretary Saurabh Garg said.
The overall LFPR of female aged 15 years and above showed upward trend, increased to 34.9% in October-December, 2025 from 33.7% in the previous quarter, driven by increase in female LFPR in rural areas from 37.5% in the quarter July-September, 2025 to 39.4% in October-December, 2025.
According to The Epoch Times, A December 22 report by international consultancy Rhodium Group estimates that China's real economic growth in 2025 likely ranged between 2.5 and 3 per cent, nearly half of the officially declared 5.2 per cent expansion.
The capital expenditure landscape in the country is showing clear signs of optimism, supported by healthy spending by the Centre, a pick-up in state capex, and a revival in investments among Indian corporations, according to a report by Care Edge Ratings.
The U.S. Federal Reserve's decision to cut the policy rate by 25 basis points in its latest Federal Open Market Committee (FOMC) meeting has slightly reduced the odds of another rate cut in December, according to a report by ICICI Bank.
Pakistan's economic data has increasingly turned into a theatre of illusion where figures are deployed not to reveal, but to conceal reality. A pattern of misrepresentation in official economic and trade statistics is eroding policy credibility, investor confidence, and public trust in state
India's merchandise export in September was up 6.75 per cent at USD 36.38 billion compared to USD 34.08 billion on a year-on-year (YoY) basis, according to the data released by the Ministry of Commerce and Industry on Wednesday.
The Ministry of Commerce & Industry on Tuesday released provisional data for September 2025 showing India's All-India Wholesale Price Index (WPI) inflation at 0.13 per cent year-on-year.
The United States remained the largest debtor nation of Taiwan's banking sector for the 40th consecutive quarter at the end of June after exposure to the U.S. market rose by more than 8 percent from a quarter earlier, according to Focus Taiwan.