New GDP Series changes size and structure of Indian economy, with India's latest national accounts revision altering estimates of the economy's size, sectoral composition and expenditure patterns while improving statistical measurement of economic activity according to the Finance Ministry's
The Lxme - EY report estimates that enabling women's participation in long-term financial investments could unlock a cumulative Rs 40 lakh crore GDP-equivalent opportunity. This represents incremental national growth driven by deeper capital market participation, stronger domestic savings, a
The estimates were as per the government work reports submitted by Chinese Premier Li Qiang to the annual meeting of China's top legislature- the National People's Congress, which opened at the Great Hall of the People in Beijing this morning.
Despite a downward revision in nominal GDP following a change in the base year, India's overall fiscal dynamics remain very comfortable, with the fiscal deficit contained at 63 per cent of the revised estimates (RE) during April-January FY26, according to a report by Union Bank of India.
India's latest base year revision of national accounts has led to an upward adjustment in GDP growth estimates for 2025-26, with analysts seeing it as analytically significant given that it captures structural changes in the economy and incorporates new data sources.
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.
India's latest base year revision of national accounts has led to an upward adjustment in GDP growth estimates for 2025-26. The government said that the use of annual surveys for household sector estimates and change in method of deflation improved the GDP estimates.
India's real GDP is estimated to grow by 7.6 per cent in the current financial year 2025-26, Ministry of Statistics and Programme Implementation (MoSPI) estimates showed Thursday.
Jefferies in its latest report has revised downward its earnings estimates for the IT sector, citing structural changes driven by artificial intelligence (AI), which may significantly alter the traditional business mix of IT companies.
ICRA estimates the YoY growth in the services gross value added (GVA) to moderate to 7.8% in Q3 2025-26 from 9.2% in Q2 2025-26, dampened by lower expansion in Government spending and services exports. After the frontloading seen in H1 2025-26 (+40.0% YoY), the Government of India's (GoI's)
Highlighting mining's central role in modern life, Pimenta said the sector will gain even greater relevance amid the global energy transition and rapid digitalisation. Citing industry estimates, he noted that mineral supply will need to expand five to six times the current installed capacity
New Delhi [India], February 20: India is entering a defining chapter in private wealth history. According to EY estimates, nearly USD 1.5 trillion is expected to change hands in India over the next decade through intergenerational wealth transfer. Globally, UBS projects that approximately US