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: ...

China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics ...

I sometimes read assertions that the statistical methods used by the Commerce Department to calculate GDP no longer properly capture economic output because they don’t, for example, properly account ...

'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the ...

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) ...

As per the first advance estimates released by the National Statistical Office (NSO) on Friday, the discrepancy was a positive of Rs 2.94 trillion – meaning the GDP calculated through the GVA method ...

The country real GDP is projected to grow 6.5% in the current fiscal year, according to the Reserve Bank of India. (IE) In the backdrop of the debate around the accuracy of the April-June GDP data, ...

The Finance Ministry on September 15 scotched aspersions cast by “certain sections” on the credibility of Indian GDP data, which showed a 7.8% uptick in the first quarter of this year, stressing that ...