Real gross domestic product is often a more accurate reflection of the output of an economy than nominal GDP. By eliminating ...

The gross domestic product (GDP) of a nation is an estimate of the total value of all the goods and services it produces during a specific period, usually a quarter or a year. Its greatest use is as a ...

Even as the real growth rate hit a five-quarter high in April-June quarter this fiscal, nominal growth rate has dipped to a three-quarter low. Fiscal deficit could be impacted if it is lower at an ...

The current financial year 2025-26 has been interesting for many reasons. It started with great relief for personal income taxpayers, as the government announced a rise in the annual exemption limit ...

Given the expectation of benign inflation, there may be a shortfall in nominal GDP growth compared to the Budget estimate of 10.1 per cent for the current financial year, Chief Economic Adviser V ...

MUMBAI, Jan 9 (Reuters) - India's nominal GDP growth is likely to fall in 2023-24, hurting tax collections and putting pressure on the federal government to reduce the budget gap by cutting expenses ...