Understand the income approach to GDP, where total expenditures equal the income from goods and services in an economy.

The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data.

India's GDP is estimated to grow at 7.6 percent in FY26, up from 7.1 percent in FY25 and 7.2 percent in FY24, according to the second advanced estimates under the new series. GDP moderated in Q3FY26 ...

India will shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards ...

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 ...

What makes a recession a depression? And what constitutes a recession in the first place? Unfortunately, there's no simple answer. The National Bureau of Economic Research (NBER) has declared a dozen ...

MINSK, 1 November (BelTA) - First Deputy Chairwoman of the National Statistical Committee Yelena Kukharevich explained why the World Bank revised the GDP forecast for Belarus upward in a new episode ...

GDP PPP of any country reflects the overall purchasing power and cost of living, offering a clearer picture of a nation's economic reality. And when it comes to Asia, everyone knows how its economy is ...