According to a report by Fitch Ratings, the GDP growth projection for India for FY27 has been lowered to 6.4% from the earlier estimate of 6.7%.
According to a report by Fitch Ratings, the GDP growth projection for India for FY27 has been lowered to 6.4% from the earlier estimate of 6.7%.
Japan-based SoftBank Group has divested a 3.25% stake in Lenskart Solutions through its affiliate SoftBank Vision Fund II (SVF II) Lightbulb (Cayman) Ltd. The transaction was executed through the sale of 5.65 crore shares.
The National Statistics Office (NSO) has notified uniform guidelines for the compilation of Gross State Value Added (GSVA), designating 2022-23 as the new base year.
It is to be noted that 34 States and Union Territories (UTs) currently use 2011-12 as the base year for Gross State Domestic Product (GSDP) estimates, except for Lakshadweep and Dadra and Nagar Haveli and Daman and Diu. The Ministry of Statistics and Programme Implementation (MoSPI) seeks to onboard all States and UTs under the new series.