March 7, 2026

India’s New GDP Series: Smaller Economy, Lower Incomes, Slower March to $5 Trillion

Overview The Ministry of Statistics and Programme Implementation (MoSPI) has released a new series of GDP estimates with 2022-23 as the base year. Updating the base year is routine, as economies change in terms of prices, the composition of goods and services, and consumption patterns. However, the latest revision has led to lower estimates for

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How the West Asia Conflict Threatens Indian Industries Beyond Oil & Gas

Introduction The ongoing conflict in West Asia is usually discussed in terms of its impact on global oil and gas supplies. However, for India, the risks go much deeper. Several core sectors such as steel, fertilisers, cement, power transmission and even diamonds rely heavily on raw materials sourced from this region. Any prolonged disruption can

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