The IMF welcomes India's statistical framework modernization efforts. New industrial production and producer price indexes will improve GDP estimate accuracy. India's second-quarter real GDP growth exceeded expectations at 7.8 percent. This growth was driven by strong services sector activity and exports. India continues to be a significant global economic growth engine.

The Ministry of Statistics and Programme Implementation defends its new GDP series methodology. Double deflation is presented as a methodological improvement for better value…

India's economy stands out as a powerhouse of global growth, as noted by the IMF. The second quarter showcased an impressive 7.8% growth, surpassing expectations. This surge was…

The IMF welcomes India's statistical framework modernization efforts. New industrial production and producer price indexes will improve GDP estimate accuracy. India's…