India is looking at Net Domestic Product as a key economic indicator. This move aligns with the United Nations’ SNA 2025 guidelines. NDP accounts for asset depreciation and resource depletion, offering a clearer picture of economic costs. The statistics ministry is preparing for this change, with implementation planned for 2029-30. A revised GDP base year is also coming soon.
Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s why
Sumitomo Chemical India shares surged around 11% as heavy volumes and a major development at its Japanese parent’s Korean subsidiary lifted sentiment. Dongwoo Fine-Chem’s joint