The Budget’s nominal GDP growth target of 10.1 percent for FY26 is realistic, economists told Moneycontrol, highlighting that real GDP growth could settle around 6.5 percent for the coming fiscal.
The consolidated federal and provincial fiscal operations data for fiscal year 2024-25 assumes nominal Gross Domestic Product (GDP) at 124,150 million rupees (defined as total market value of goods ...
The Indian economy is expected to grow at 6.4% in 2024-25, according to the first advance estimates released by the statistics ministry on Tuesday, the slowest since the pandemic-hit year of 2020-21.
The First Advance Estimates (FAE) of National Accounts for 2024-25 show a real GDP growth of 6.4% and a nominal GDP growth of 9.7%. These numbers have fallen short of the Reserve Bank of India’s ...