New Delhi, Feb 27 (IANS) As India moves towards deeper integration in the global value chains, base year updates at regular intervals, current after every five years, it reflects the government’s commitment to data-driven policy intervention to shocks in the global economy, economists said on Friday.New estimates of real GDP at Rs 322.58 lakh crore in FY 2025-26, against the First Revised Estimate (FRE) of GDP for the year 2024-25 of Rs 299.89 lakh crore pegs GDP growth rate at 7.6 per cent, as …
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New Delhi, Feb 12 (IANS) Economists on Thursday said that they do not expect the new CPI inflation series to materially influence policy in the near term.The headline CPI inflation printed at 2.75 per cent in January 2026 as per the new CPI series (base year 2024), well below the mid-point of the RBI MPC’s target range of 2 per cent-6 per cent.“We do not expect the new inflation series to materially influence policy in the near term. An extended rate pause looks likely, underpinned by a cycl…
New Delhi, Jan 7 (IANS) Economists on Wednesday lauded the government’s first advance estimates of real GDP at 7.4 per cent in FY 2025-26, saying a potential bilateral trade deal with the US will further boost investment and remains a key monitorable.The Indian economy remains resilient on the back of the festive demand and steady improvement in economic activity. Strong festive sales along with GST rationalisation 2.0 and income tax cuts are expected to boost the consumption sector, economists …