Gross Domestic Product popularly known as (GDP) is a measure mainly used as a yardstick to gauge the economic growth of a country. Calculation of GDP: The calculation can be done in one of two ways: ...

The production approach sums the “value-added” at each stage of production, where value-added is defined as total sales less the value of intermediate inputs into the production process. For example, ...

New Delhi: The Central Statistics Office (CSO) released the provisional estimates of gross domestic product (GDP) data for 2015-16 on Tuesday which showed the economy grew at 7.6% to become a $2 ...

E = mc2 remains an equation upon which monumental advancements in man’s understanding of his world have been developed. Yet the fundamental representation of what produces Gross Domestic Product (GDP) ...

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In 2023-24 we see that the difference between GDP and consumption has increased to 4.5 percentage points. Since the release of the GDP (Gross Domestic Product) estimates for third quarter (Q3) 2023-24 ...