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 ...

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 ...

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 ...

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

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 ...

Forbes contributors publish independent expert analyses and insights. Erik Sherman reports on business, economics, finance, tech, and law. Wooden blocks with the word GDP and up and down arrows. An ...

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 ...