Understand the income approach to GDP, where total expenditures equal the income from goods and services in an economy.
Graphs, Data and Perspectives', Udit Misra writes that the updated base year for GDP calculations means a correction of estimates about the size of India's GDP, as well as the per capita income of its ...
The outgoing GDP series, adopted in 2015, led to controversy. But, even with the new series, questions arise about the data and rising 'discrepancies', which officially capture the gap in calculations ...
The Ministry of Statistics and Programme Implementation (MoSPI) last week released the economic growth data for the first quarter - covering months of April, May and June of the current financial year ...
The government on Friday released the New Series of Annual and Quarterly National Accounts or GDP Estimates with base year 2022–23, replacing the prev ...
SBICAPS Research puts the FY27 pressure in starker terms. Assuming 10% nominal growth and a similar absolute fiscal deficit of ₹16.95 trillion, the deficit could overshoot its FY27 target by 25 basis ...
India’s GDP has grown at a robust 8.2% in the second quarter of the financial year - a number that beats all estimates by economists and even the RBI. The six-quarter high real GDP growth is expected ...
India is set to release a revised GDP series with FY23 as the new base year, replacing 2011-12. The overhaul brings sharper inflation adjustments, double deflation in manufacturing, and hundreds of ...