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

The Ministry of Statistics and Programme Implementation (MoSPI) will not use Unified Payments Interface (UPI) transaction ...

Enter household income you received, such as wages, unemployment, interest and dividends. Choose the filing status you use when you file your tax return Input the total of your itemized deductions, ...

India has changed its GDP base year to 2022-23, using new methods and data for more accurate economic measurement and better policymaking.

What does the GDP data tell you about the Indian economy? When will India become the third largest economy? What’s changed in ...

The new series of data not only revises the base year for calculation purposes to 2022-23, it also incorporates several vital changes with an aim to give a more accurate measurement of the size of the ...

Chennai: The GDP data based on a revised base year, which is set to be released this week, can potentially impact on state borrowing limits under fiscal responsibility laws and alter central fund ...

As India shifts to 2022-23 as the new base year for measuring GDP, here’s a simple look at the key data concerns raised over ...

GDP doesn’t measure what we should care about, say critics. Is that true?

Chennai: The GDP base year is being revised from financial year 2011-2012 to 2022-23 and the revised series will be released on February 27. The previous revision of base year in 2015 as well as the ...

See what this means for the benchmark interest rate and your portfolio.