Economics

What Is India’s GDP Growth Rate?

In its second advance estimates of national accounts released on Monday, the National Statistical Office (NSO) forecasted the country’s growth for 2021-22 at 8.9%, slightly lower than the 9.2% estimated in its first advance estimates released in January. Furthermore, the National Statistics Office (NSO) reduced its estimates of GDP contraction for the coronavirus pandemic-affected last

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What GDP Stands For?

GDP, or gross domestic product, is one of the most commonly used terms. It is frequently mentioned in newspapers, on television news, and in government, central bank, and company publications. It has become widely accepted as a barometer of national and global economic health. What does GDP mean in simple terms? GDP quantifies the monetary

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