The Modi government has been tom-toming India's "highest GDP growth" story for long now. The government, however, has been conveniently setting this rhetoric in terms of the so-called "real GDP", ...
India has officially shifted its GDP base year from 2011-12 to 2022-23 to better reflect structural shifts, such as the digital economy and formalization.
China has set its lowest growth target in decades, acknowledging domestic challenges and pointing to global uncertainty.