As the table above indicates, the main difference between nominal GDP and real GDP is the taking of inflation into account. Since nominal GDP is calculated using current prices, it does not ...

The GDP deflator, which measures the difference between real and nominal GDP and is calculated using wholesale and consumer inflation, was likely 3.3 percent for FY25. India’s consumer inflation ...

GDP can be calculated in two primary ways: nominal GDP and real GDP. While they may appear similar, these metrics offer distinct perspectives on an economy’s health. Here’s a detailed look at the ...

The upcoming Union Budget may peg India’s nominal GDP growth in the next financial year at 10.4%, higher than 9.7% projected for FY25, according to an FE poll of 16 economists. A 10.4% nominal ...

Real GDP = (Nominal GDP ÷ GDP Deflator ... Real GDP can be calculated by taking the difference between the most recent year's real GDP and the prior year's real GDP. Then, divide this difference ...

The First Advance Estimates (FAE) of National Accounts for 2024-25 show a real GDP growth ... in the case of GDP. With respect to Gross Value Added (GVA), this difference, between 7.2% and 6.4 ...

Union Finance Minister Nirmala Sitharaman with Union MoS Pankaj Choudhary and other officials will present the budget today.

Although there is no official data yet available on household finances for the first half of FY25, it is obvious that a higher PDI growth, rebuilding of household savings (especially NFS), and ...

Here are the key numbers to watch out for in the Union Budget for 2025-26: * Fiscal Deficit: The budgeted fiscal deficit, which is the difference between the government ... month in the current fiscal ...

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 ...

After the Economic Survey projected India's real GDP growth for FY26 in the range of 6.3-6.8 per cent, a report by Bank of Baroda stated that with an assumed GDP deflator of 3.5 per cent, the ...