Jinny: For calculating GDP by the income method, we can broadly divide our economy into two groups: those who contribute their labour and those who contribute their capital. The cost of production ...

How GDP is defined and how can it be an insight to the Economy of a nation? This article deals how it helps to calculate the India’s income.

Economists calculate GDP using either the expenditures, production or income method. GDP growth, be it positive or negative, is a primary tool for policymakers when deciding on monetary policy.

Gross Domestic Product (GDP) is a key indicator that helps us see how strong a country's economy is. It represents the total value of all goods and services made in a country over a specific period, ...

San Francisco Federal Reserve President John Williams recently described the convoluted new method the U.S. used to calculate Q1 GDP. “To get a measure that avoids seasonal patterns, SF Fed ...

A latest National Sample Survey Organisation (NSSO) report has raised fresh questions over India’s gross domestic product (GDP) and national income calculation methodology. According to Mint ...

Discover how Gross National Income (GNI) measures national wealth, its calculation, and real-world examples. Learn how GNI ...

China will begin to calculate and publish the total value of its economy using the universally practiced methods in other market economies in 3-5 years, Chinese chief statisticians said in ...