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 real economic growth rate removes inflation in its measurement of economic growth, unlike the nominal GDP growth rate. Real GDP can be calculated by adjusting nominal GDP by inflation.

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 ...

The overarching aim of the Budget was to accelerate growth and push India towards a developed country status. The required ...

While Nominal GDP is the value of goods and services calculated at current prices, real GDP is the value adjusted for inflation or deflation. Nominal GDP is at the slowest pace since the pandemic ...

The Indian economy fell short of expectations in FY25. The Budget had aimed for 10.5% nominal growth, but data released on ...

Most economists say the nominal GDP growth in FY26 is seen picking up mainly due to rise in inflation, rather than real GDP expansion. “Higher WPI inflation next year will predominantly lift 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 ...

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 ...