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

Graphs, Data and Perspectives', Udit Misra writes that the updated base year for GDP calculations means a correction of estimates about the size of India's GDP, as well as the per capita income of its ...

The government on Friday released the New Series of Annual and Quarterly National Accounts or GDP Estimates with base year 2022–23, replacing the prev ...

Meeting the FY27 fiscal deficit target of 4.3% of GDP will now require nominal growth of 13-14% next year – much higher than ...

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 ...