Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.

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 ...

Manufacturing powers ahead in the new series, boosting October-December quarter’s performance. A lower nominal GDP in relation to the old series may lead to a slight rise in debt-to-GDP ratio ...

Nominal GDP levels under India’s new national accounts series are lower than earlier estimates, but the economy is expected to catch up quickly on the back of strong growth, Saurabh Garg, Secretary at ...

India's GDP recalibration sees a Rs 12 lakh crore reduction, raising fiscal deficit concerns. The new base year 2022-23 series increases real GDP growth but revises nominal GDP downwards. Experts warn ...