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

The Commerce Department’s Bureau of Economic Analysis last week released its “advance estimate” of U.S. Gross Domestic Product for the first quarter of 2025. GDP measures the total market value of all ...

Meeting the FY27 fiscal deficit target of 4.3% of GDP will now require nominal growth of 13-14% next year – much higher than ...

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 ...

MoSPI releases new GDP series with base year 2022-23. Understand GDP, base year revision, and methodological changes.

The International Monetary Fund has just warned of slowing global economic growth in its latest analysis. Similar to this finding, a newly issued report reveals the world’s wealthiest countries by ...

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'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 is updating the base years for GDP and CPI inflation. Here's why the reset matters, what will change in growth and ...

Unlike the 2015 exercise, economists are largely satisfied with the 2022-23 base year GDP series, with initial assessments ranging from “comprehensive”, “realistic and reliable”, and a “credibly ...