The Indian government has officially shifted the release time of its quarterly GDP data to 4 PM, a move designed to improve transparency and better serve market participants. Previously, GDP figures were released earlier in the day, but the new timing aligns with global standards for economic data dissemination.
Experts believe this change will allow market participants, including analysts, economists, and investors, more time to interpret the data before market hours close, helping them make more informed decisions. The government has also stated that this adjustment is aimed at improving the flow of economic information and reducing potential market volatility immediately following data release.
This change comes as part of broader efforts to enhance economic reporting standards and ensure that key data, like GDP, is more accessible and impactful for all stakeholders in the economy.
