Statisticians across the spectrum welcomed this decision, though questions remained about why the timeline for releasing a given year's GDP data and the number of revisions couldn't be reduced further
From 2020-21 to 2024-25 (2020-2024 in case of the rest of the world), India's economic growth slowed to 5.4 per cent but was higher than any other major country including China
It is high time to assess the preference of Indian households towards different investment streams as Trumponomics affects their valuation
Among the five states that allocate the highest proportion of their total expenditure to education, Bihar and Rajasthan stand out
Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports in response to questions about whether the spending cuts pushed by Elon Musk's Department of Government Efficiency could possibly cause an economic downturn. You know, that governments historically have messed with GDP, Lutnick said on Fox News Channel's Sunday Morning Futures. They count government spending as part of GDP. So I'm going to separate those two and make it transparent. Doing so could potentially complicate or distort a fundamental measure of the US economy's health. Government spending is traditionally included in the GDP because changes in taxes, spending, deficits and regulations by the government can impact the path of overall growth. GDP reports already include extensive details on government spending, offering a level of transparency for economists. Musk's efforts to downsize federal agencies could result in the layoffs of tens of thousands
In recent years, government capital expenditure has been a key driver of growth and is likely to continue playing this role in the foreseeable future
The global churn and India's reset played out on day one of BS thought summit, with the who's who from government, economy, banking, defence coming together
Q3 GDP growth rebounds in second half of the year led by uptick in agricultural and industrial activity, along with resilient rural demand
He emphasized the need for India to improve productivity, avoid excessive protectionism and increase manufacturing as a percentage of GDP
This forecast considers various scenarios, including the US government's planned reciprocal tariffs in early April and the price elasticity of US demand for Indian exports
Poll of 12 forecasters shows pickup in rural demand, govt capex
Combined mcap of country's listed companies down nearly $1,050 bn since September-end
In Rajasthan, a vibrant agri and food processing sector contributes to around 27 per cent of the state GDP and provides huge employment opportunities to the people
RBI prioritises growth as inflation cools, cuts repo rate to 6.25% in Feb 2025 MPC meeting
He is confident of the government achieving 14.4 per cent growth in income-tax collection even after forgoing Rs 1 trillion revenue
Latest allocation continues five-year trend of declining defence spending as a share of GDP and budget, with FY26 showing a slight recovery in the latter but remaining unchanged in the former
Reduction in sovereign debt-to-GDP ratio requires a decline in fiscal deficit in proportion to GDP
Since the independence of India, several finance ministers have presented Budgets that determined the course of the country's progress. Here are the five Budgets that left an indelible mark on economy
Investment, jobs, and deregulation vital for India's development
Germany's gross domestic product fell by 0.2% in the fourth quarter compared with the previous three-month period, preliminary data from the statistics office showed on Thursday