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

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 ...

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 ...

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", ...

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 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.

Discover the dynamic relationship between money supply and GDP, and how they influence economic growth, inflation, and financial stability in our detailed analysis.

Despite a downward revision in nominal GDP following a change in the base year, India's overall fiscal dynamics remain very ...

Chennai: The nominal GDP estimate of FY26 has come down to Rs. 345 lakh crore in the revised series compared to the Rs. 357 lakh crore in the old series. With this, the fiscal deficit will need 20 bps ...

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.