Gross Domestic Product popularly known as (GDP) is a measure mainly used as a yardstick to gauge the economic growth of a country. Calculation of GDP: The calculation can be done in one of two ways: ...
New Delhi: The Central Statistics Office (CSO) released the provisional estimates of gross domestic product (GDP) data for 2015-16 on Tuesday which showed the economy grew at 7.6% to become a $2 ...
E = mc2 remains an equation upon which monumental advancements in man’s understanding of his world have been developed. Yet the fundamental representation of what produces Gross Domestic Product (GDP) ...
Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...
In 2023-24 we see that the difference between GDP and consumption has increased to 4.5 percentage points. Since the release of the GDP (Gross Domestic Product) estimates for third quarter (Q3) 2023-24 ...
The Finance Ministry on Friday dismissed the criticism of inflated GDP saying it has followed the consistent practice of using the income side estimates to compute economic growth, and stressed many ...
'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the ...
The Finance Ministry on September 15 scotched aspersions cast by “certain sections” on the credibility of Indian GDP data, which showed a 7.8% uptick in the first quarter of this year, stressing that ...