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 ...

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

The Modi government has been tom-toming India's "highest GDP growth" story for long now. The government, however, has been conveniently setting this rhetoric in terms of the so-called "real GDP", ...

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 ...

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 is estimated to grow 7.6% in FY26 with nominal growth at 8.6%, supported by strong quarterly performance and revised national accounts data, highlighting resilient economic momentum.

India has officially shifted its GDP base year from 2011-12 to 2022-23 to better reflect structural shifts, such as the digital economy and formalization.

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 ...

Despite a downward revision in nominal GDP following a change in the base year, Indias overall fiscal dynamics remain very comfortable, with the fiscal deficit contained at 63 per cent of the revised ...

Chetan Ahya, Chief Asia Economist, Morgan Stanley, said India’s growth outlook remains secure. In his view, the broader ...