Under the new arrangement, the base year has been revised from 2012 to 2024 using Household Consumption Expenditure Survey 2023-24. Further, now there are 12 Divisions in place of 6 Groups in accordance to Classification of Individual Consumption According to Purpose (COICOP) 2018. The year-
"For AI and ML, data is the key raw material. It is therefore essential that data is harmonised so that it can be effectively used by AI systems," he said. Internally, MoSPI is already using artificial intelligence to improve the accuracy of data enumeration and to speed up decision-making p
Reserve Bank of India (RBI) Governor Sanjay Malhotra, has welcomed National Statistical Office (NSO) under Ministry of Statistics and Programme Implementation's (MoSPI) base year revision of key economic indicators -- Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Ind
With a development-focused approach that ensures balanced progress across all talukas, the state identifies developing talukas using 44 social and economic indicators of the Human Development Index to support their faster, holistic growth.
The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rate today at 10 am as the three-day Monetary Policy Committee (MPC) meeting concludes on Friday.
The domestic GDP growth in the first half of the current financial year, FY26, is expected to come in at 7.6 per cent, higher than the 6.1 per cent recorded during the same period last year, as highlighted in a report by ICICI.
The Ministry of Statistics and Programme Implementation (MoSPI) will hold a Pre-Release Consultative Workshop on the Base Revision of the Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Industrial Production (IIP) on November 26, 2025, in Mumbai. The event aims to shar
The HSBC Flash India Composite Output Index, which tracks the combined performance of the country's manufacturing and services sectors, slipped to 59.9 in November from 60.4 in October, hitting a six-month low, according to data released by S&P Global.
The Reserve Bank of India (RBI) on Tuesday announced the results of the yield and price-based auction of state government securities (SGSs), through which nine states and union territories raised a total of Rs 15,560 crore against a notified amount of Rs 16,560 crore.
Mumbai (Maharashtra) [India], November 11: Dun & Bradstreet, a global leader in business decisioning data and analytics, has released its Economy Observer report for November 2025. Economy Observer is a monthly report sharing in-depth analysis of key macroeconomic developments in India and p
Gross Goods and Services Tax (GST) collections for October 2025 stood at Rs 1,95,936 crore, marking a 4.6 per cent rise from Rs 1,87,346 crore collected in the same month last year, according to a government release. The increase reflects strong consumer spending and trade activity, parti
The slowdown in India's industrial output during the first half of the financial year 2025-26 (H1FY26) is expected to be offset by the Goods and Services Tax (GST) rationalisation, early arrival of the festive season, and lower inflation, according to a report by Bank of Baroda.