IMF backs India's GDP data revamp

IMF backs India's GDP data revamp, says rupee pressure is no sign of failure. The International Monetary Fund has endorsed India's revised GDP calculation methodology, affirming its transparency and alignment with global standards. This support may boost investor confidence amid recent currency volatility, where the rupee touched ₹83.2 per USD. The endorsement suggests macroeconomic stability despite short-term pressures.

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