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India’s economy is projected to grow between 6.4 and 6.7 per cent in the current financial year, powered by robust domestic demand, though geopolitical tensions pose risks, according to CII.
CII President Rajiv Memani stated that India requires a 10 per cent average nominal GDP growth annually to achieve its Viksit ...
India@2047', Aditya Pittie uses data, sectoral blueprints and the Rule of 72 to argue India can surpass even NITI Aayog’s ...
Turkey is one country that’s predicted to rise substantially in the rankings. Currently, it sits at a respectable position, ...
The International Monetary Fund (IMF) has raised questions over some part of the methodology to calculate gross domestic product (GDP) numbers in India. It said large revisions to historical series, ...
India has overtaken several economies in terms of GDP over the past decade, but its citizens' per capita income remains poor. In that context, a report by Llama Research suggested that the next phase ...
The GDP is the central metric to assess the annual economic growth or the overall size of an economy and the so-called “base year” refers to the year that works as a starting point for calculations.
The Centre is planning to shift India’s GDP base year from 2011–12 to 2022–23 to better reflect structural changes in the economy. A 26-member advisory panel will guide this transition, aiming for ...
Source: International Monetary Fund, World Economic Outlook (2024) To put things in perspective, for India to match Singapore's per capita GDP of $138,545 and enter the top 3, India's total GDP would ...
An IIT grad breaks down why GDP stats don’t tell the full story According to PPP, India’s GDP per capita climbs to $9,000–10,000—roughly three times higher.
Pakistan unveiled its FY26 federal budget, reducing spending by 7% to $62 billion. The nation targets 3.6% growth. Fiscal deficit aims for 3.9% of GDP. Capital expenditure is set at Pakistan Rs 17.57 ...