Indivjal Dhasmana

The break-up of these calculations is complicated since many manufactured products are inputs for other manufactured products

The base year change from 1999-00 to 2004-05 led to a 6% rise in nominal GDP numbers of Q1FY08

Manufacturing prices fell in Q1 even as real growth outpaced nominal growth, pointing to deflationary pressure unlike agriculture and services

India's GDP grew 7.8% in Q1FY27, below 8.2% GVA growth as subsidies restrained net indirect tax growth, widening the gap between the two measures

Even at seven per cent, the GDP growth rate in the first quarter would be a four-quarter low, though higher than 6.8 per cent in the year-ago period.

Disaggregated figures for the top five categories showed month-on-month volatility.

India needs sustained 9.25% annual growth to become a developed economy by 2047, but low investment and a prolonged lower-middle-income phase remain key challenges

After months of elevated tomato prices, onion inflation is set to emerge as the biggest driver of food inflation in July, while potato and tomato prices ease

While overall education services saw retail price inflation below 4% in the first half of the current calendar year, tuition fees at higher education levels remained in the range of 3.5% to around 4%

High revenue deficit tells us that the governments borrow from the markets just to meet their current expenditure and do not generate assets

States' debt remains above pre-pandemic levels due to Covid-era borrowings, though interest-free central loans for capital spending have eased the overall burden

Rupee depreciation and slow growth weigh on states' ambitious economic goals

While aggregate finances remain stable, high debt and welfare handouts weigh on some budgets

Germany now matches the US in NATO's common funding, but Washington continues to shoulder the majority of indirect military contributions to the alliance

GST enters its 10th year with slab reforms underway, but key sectors remain outside the tax net as revenue growth and tax-GDP gains trail expectations

PPI and GVA deflators both signal lower farm prices in FY26, reinforcing concerns over farmer earnings despite debate over how agricultural output is measured

Petrol and diesel inflation accelerated in May 2026 as repeated fuel price hikes pushed CPI indices above 100, driven by rising global oil market pressures

Despite growth in income tax, corporation tax and GST, a sharp fall in IGST and GST compensation cess dragged down April's overall central tax collections

RBI data shows housing prices in several smaller cities have outpaced metros, while Delhi and Hyderabad remain below their 2022-23 price levels

Recent fuel price hikes likely to push petrol inflation above 2024 base-year levels after prolonged period of muted CPI readings