Q1. Consider the following statements regarding the GDP release calendar revision by MoSPI in May 2026: 1. The Provisional Estimates of Annual GDP for 2025-26 and Q4 GDP estimates were originally scheduled for release on 29 May 2026 but have been shifted to 5 June 2026. 2. The revision was made because listed companies are mandated to file audited Q4 and annual financial results within 90 days from the end of the financial year. Which of the statements given above is/are correct?
Explanation
Statement 1 is correct: MoSPI in May 2026 revised the release of Provisional Annual GDP for 2025-26 and Q4 January-March 2026 GDP estimates from the originally scheduled 29 May 2026 to 5 June 2026. Statement 2 is incorrect: Listed companies are mandated to file audited Q4 and annual financial results within 60 days not 90 days from the end of the financial year. This is the SEBI Listing Obligations and Disclosure Requirements timeline. Central Government fiscal data on revenue and expenditure are also finalised only after a roughly two month gap necessitating the calendar revision.
