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Economists have warned against rushing in to use the new numbers to craft policy.
Political and business leaders from BRICS discussed trade, investment and the challenges the bloc faces at an economic summit in Russia.
Newly appointed BRICS Bank President Kundapur Vaman Kamath and Vice President Paulo Batista are going to take part in discussions.
India's farm economy could contract this fiscal year for the first time in over a decade because of drought.
ISIL's growth in Afghanistan means foreign forces want to harm China, Russia, Central Asia, says Former Afghan President Karzai.
Indian and Chinese Presidents had attended the the 70th anniversary of the victory against Nazi Germany in World War II.
Indian Central Bank Governor Raghuram Rajan said on Tuesday that India's growth rate may be weaker than headline numbers suggest.
The latest figures show India is growing faster than China, the result of a new method of calculating GDP.
Petrobras plans to begin producing oil from the Sergipe offshore area in 2018 with a 100,000-barrel-a-day floating production ship.
Russia-India ties are expected to receive a significant boost by twin visits by Prime Minister Narendra Modi to Russia in July and November.
