India delays GDP data release to June 5 for accuracy

Delay captures India's late corporate earnings

Corporate earnings are a big part of measuring how much value India's manufacturing and services sectors really add.
Since companies have up to 60 days to share their fourth-quarter results, waiting a bit longer means more complete numbers.
Plus, final tax and spending data usually comes in at the end of May.

Some economists said this new schedule may help capture more data and could reduce revisions, though the improvement may be limited.