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

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data. Here’s what it means for growth and policy.

The outgoing GDP series, adopted in 2015, led to controversy. But, even with the new series, questions arise about the data and rising 'discrepancies', which officially capture the gap in calculations ...

SBICAPS Research puts the FY27 pressure in starker terms. Assuming 10% nominal growth and a similar absolute fiscal deficit of ₹16.95 trillion, the deficit could overshoot its FY27 target by 25 basis ...

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 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 ...

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 ...