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.
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 has revised the base year of the Consumer Price Index (CPI) to 2024 from 2012 to reflect changes in consumption patterns, improved data sources and updated methodologies, Secretary, Ministry of Statistics and Programme Implementation (MOSPI), Saurabh Garg, said today.
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-
Pune (Maharashtra) [India], February 11: Bajaj General Insurance Limited (formerly known as Bajaj Allianz General Insurance Company Limited), one of India's leading private general insurers, today announced the launch of NRInsure, a new add-on offering to its flagship retail health insurance
New Delhi [India], February 7: Indian food culture has a rich and diverse history of being plant-forward. Across the country, grains, lentils, vegetables, and fruits have formed the base of everyday meals. These century-old habits might have been routine at one point in time, but the popular
Taking strong objection to the baseless allegations and false propaganda of the coalition government, YSRCP has said that appointing a committee into the Tirupati laddu issue is only a ploy to divert people's attention from the CBI charge sheet which categorically stated that there is no
"Both left and right switches were checked and found satisfactory, with the locking tooth/pawl fully seated and not slipping from RUN to CUTOFF. When full force was applied parallel to the base plate, the switch remained secure. However, applying external force in an incorrect direction c
Explaining the circumstances that led to the tragedy, the DG said the victims were workers who had been provided accommodation in the basement of the building. "They were working here and were given accommodation in the basement. So two of them were trying to rescue the others. But unfort
"I have written to the Chief Election Commissioner of India, Gyanesh Kumar, strongly countering the baseless, blown out of proportion and exaggerated allegations made by Chief Minister Mamata Banerjee in her letter dated January 10, 2026, regarding the Special Intensive Revision (SIR) of
The complaint states that on December 2, 2025, the Whiteman Air Force Base Office of Special Investigations (AFOSI) looked into a report about a suspicious minivan with a Massachusetts license plate near the base perimeter.