Real gross domestic product is often a more accurate reflection of the output of an economy than nominal GDP. By eliminating the distortion caused by inflation or deflation or by fluctuations in ...

Real GDP is calculated by dividing nominal GDP by a GDP deflator. Unlike real GDP, nominal GDP uses current market prices and doesn't factor inflation into its calculation. Real GDP is a ...

The government’s estimate for growth was marginally lower than an MC poll of economists conducted a fortnight before the Budget, which had pegged the median at 10.4 percent ...

Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...

on real GDP in chained 2017 dollars, used to provide a true picture of economic growth as opposed to using nominal GDP figures, which don’t account for inflation. Read on to find out the ...

The Indian economy performed below expectations in FY25. While the Budget had set a target if 10.5 percent growth for the ...

At the current exchange rate of 85 rupees to a dollar, India’s GDP in FY25 will be $3.8 trillion. If India’s exchange rate had not fallen from around 61 rupees to a dollar in 2014 then today, India ...

The First Advance Estimates (FAE) of National Accounts for 2024-25 show a real GDP growth of 6.4% and a nominal GDP growth of 9.7%. These numbers have fallen short of the Reserve Bank of India’s ...