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

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 ...

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

Q4 real GDP came in at 1.4%, below expectations, but markets shrugged off the miss due to other headlines. Click here for ...

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 ...

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 ...

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’s data reset reveals a smaller economic footprint and weakened consumption, validating long-held overestimation claims. Even though there is improved statistical robustness, some concerns remain ...

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 ...

India is updating the base years for GDP and CPI inflation. Here's why the reset matters, what will change in growth and inflation numbers, and why it does not alter economic reality on the ground ...