Tag: Mospi
India’s growth is making the world rewrite its forecast: MoSPI Secretary Saurabh Garg
India’s stronger-than-expected economic performance is prompting international ratings agencies and research firms to raise their growth forecasts, with sustained investment and robust corporate activity pointing…
India’s new services speedometer flashes green across 17 sectors
India’s services economy showed broad-based growth in July, with 17 of the 19 sub-sectors tracked by the government’s new Index of Services Production (ISP) expanding…
Infra projects see cost overrun of Rs 2.88 lakh crore in August: MoSPI
New Delhi: Infrastructure projects worth more than Rs 150 crore each recorded a cumulative cost overrun of around Rs 2,88,122 crore, according to a monthly…
India’s new GDP series: GST, corporate data drive new methodology
New Delhi: India’s new gross domestic product series makes greater use of corporate filings, goods and services tax records and labour surveys, the statistics ministry…
Index of services production shows 8 sub-sectors record double-digit growth in June
New Delhi: The index of services production released on Monday for the third time on a trial basis showed eight of 19 service categories recorded…
India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth accelerates
India’s industrial output accelerated to 7.3% year-on-year in June 2026, up from a revised growth of 5.1% in May, driven by a sharp expansion in…
NEW ISP: 14 of 19 sectors see double-digit growth in April
New Delhi: India’s formal services economy started the new fiscal year on a strong note, with 14 of the 19 sectors covered under the newly…
What is the Index of Services Production and which sectors does it cover?
India has introduced the Index of Services Production (ISP), a new monthly indicator that measures changes in the output of the services sector. Released by…
‘What’s in your shopping cart?’ Govt plans first nationwide retail consumption survey
New Delhi: The government is considering launching a nationwide retail consumption survey to generate granular data on consumer spending patterns, people aware of the development…
MoSPI releases uniform norms for DDP estimates with 2022-23 base year
The Statistics Ministry on Wednesday said that it has released a uniform guideline for the compilation of district domestic product (DDP) estimates with base year…