gross domestic product

He’s basically preparing the country for tough decisions GOI has to take. Aside from fuel price hikes, there may be some mild curbs. But extravagant poll promises by all winning parties, including BJP, make economic management that much tougher

BJP's Bengal win strengthens PM Modi’s hand in dealing with Bangladesh and with both the great powers – China and the US. Pakistan, too, will be particularly unsettled

India ranked as the fifth largest military spender globally in 2025, with an 8.9% increase to $92.1 billion, influenced by the India-Pakistan conflict. Global military expenditure reached $2,887 billion, an 11th consecutive year of growth, driven by Europe and Asia, despite a US spending decrease.

A nearly 50-day Iran war has crippled global oil markets, removing over 500 million barrels and costing $50 billion. This unprecedented energy shock, impacting Gulf producers severely, could have long-lasting effects. While the Strait of Hormuz has reopened and a ceasefire is anticipated, a full recovery for energy supplies is expected to be a slow, multi-year process.

The world's most powerful economies, led by the US and including China, Germany, Japan, the UK, and India, significantly shape travel experiences. Their GDPs influence infrastructure, transport, and cultural offerings, creating distinct journeys from advanced convenience to vibrant contrasts.

Morgan Stanley predicts that India's gross domestic product will grow by 6.2% in FY24 due to the reopening of the economy, increased private sector investment, a cyclical recovery in consumption and an increase in government spending. Inflation is predicted to be below 5% in Q2 2024, with inflation averaging around 5.5% in F2024, says the report.

Chhattisgarh witnessed a growth rate of gross domestic product (GSDP) of 13.21 percent during 2013-14 against the Thirteenth Finance Commission (ThFC) projection of 12.50%.

When chief minister Yogi Adityanath and his cabinet colleagues went to IIM-Lucknow for the second time with state's senior bureaucrats in tow, the B-school management gurus laid out a roadmap for raising per capita income by increasing state gross domestic product (SGDP) through people's participation.

India's exports rose 37.5% in 2010-11 to touch a record $246 billion as traders targeted new markets and gained from improved sentiments in the US and Europe.

Contribution from the manufacturing sector to the country’s gross domestic product (GDP) has remained stagnated at a mere 15% for the past 25 years and there is an urgent need to enhance this contribution for the overall growth of the Indian economy

Government’s fiscal deficit target for the current year has been breached in January, and with the numbers for the two months still to come, the gap between expenditure and revenue may widen further.

At the time when the gloomy economic scenario in India is drawing much flak, a report released by the OECD (Organisation for Economic Cooperation and Development) on Friday brings a slew of good news.

Assocham fears that the loss to the GDP would be more than its initial estimates as almost 50% of the economic activity has been hampered by the strike.

While the CNX Nifty seems to be holding up to 2008 levels, it is les reflective of the economy and does not seem to convey the worsening macro economic situation. The GDP (gross domestic product) ratio has fallen from sub 9% to in FY08 to 5% in FY13.

While economists always talk of gross domestic product (GDP) of a country, for social scientists per capita income (PCI) is more important as it shows whether the citizens of that country, state or region are affluent or not.

Share of manufacturing in India’s gross domestic product (GDP) has declined to 15.1% this year, the lowest level in the past 10 years, a research report showed on Friday.

India's GDP is estimated to grow at 5.0% in the 2012-13 fiscal year against 6.2% in 2011-12, a government statement said today.

JP Morgan raised India's annual growth forecast by 50 basis points to 5.5% for fiscal 2024, despite a possible global economic slowdown and tighter financial conditions that could hinder economic progress. The brokerage firm stated that it would take monetary policy some time to rebound and that India could benefit from the El Nino effect and lower prices of commodities.

The Reserve Bank of India’s measures to cut liquidity in the money market means that 6% growth forecast for gross domestic product (GDP) looks unachievable.

The country's current account deficit (CAD) widened in the second quarter of FY23 to a nine-year high of 4.4% of the gross domestic product, or $36.4 billion in absolute terms. In value terms, the quarterly CAD is the highest in more than a decade and more than the $35 billion forecast by economists.

The recent depreciation of the rupee could increase oil subsidy by 0.1%- 0.4% of GDP (gross domestic product) in 2013-14 and this alone could push the fiscal deficit to over 5% of GDP against the budgeted 4.8%.

Germany has met a Nato alliance target to spend 2% of its gross domestic product on defence for the first time since 1992, the dpa news agency reported on Wednesday, as spending ramped up after Russia's invasion of Ukraine two years ago. The German government is allocating the equivalent of $73.41 billion for defence spending in the current year, dpa reported. This is a record figure for Germany in absolute terms and would be 2.01% of GDP.

The number of primary schools in the city is declining and government’s expenditure on education—as a percentage of gross state domestic product—has stagnated although student enrollment continues to rise year after year.

The number of Americans filing new claims for unemployment benefits rose moderately last week, showing no signs yet that tightening credit conditions were having a material impact on the tight labor market. Other data on Thursday showed corporate profits declining in the fourth quarter because of penalties and fines imposed on several businesses.