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

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data. Here’s what it means for growth and policy.

Budget 2026 | Union Finance Minister Nirmala Sitharaman’s presented her ninth consecutive Budget in the Parliament on February 1 2026. The Finance Minister emphasised that the government has ...

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 ...

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 ...

India will shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards ...

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 at 7.6 percent in FY26, up from 7.1 percent in FY25 and 7.2 percent in FY24, according to ...

Unlike the 2015 exercise, economists are largely satisfied with the 2022-23 base year GDP series, with initial assessments ranging from “comprehensive”, “realistic and reliable”, and a “credibly ...

Wall Street veteran Jim Paulsen said tech is the only bright spot in the economy, comparing the bifurcation to the Mag 7 vs.