China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics ...

Howard Lutnick, the U.S. Commerce Secretary, has expressed his intent to exclude government spending from the gross domestic ...

National Bureau of Statistics of China (NBS) released China ’s Gross Domestic Product (GDP) by production approach of the economic census year 2004 on December 20, 2005. GDP accounted by production ...

Finance ministry has dismissed criticism of inflated GDP figures, stating that it followed consistent practices and that international agencies have revised their forecasts upwards after seeing ...

'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the ...

The Finance Ministry on September 15 scotched aspersions cast by “certain sections” on the credibility of Indian GDP data, which showed a 7.8% uptick in the first quarter of this year, stressing that ...

The country real GDP is projected to grow 6.5% in the current fiscal year, according to the Reserve Bank of India. (IE) In the backdrop of the debate around the accuracy of the April-June GDP data, ...

NEW DELHI: Refuting concerns raised by many commentators over the country’s official first-quarter GDP numbers, the finance ministry has said critics have been inventing arguments (to underestimate ...