Real gross domestic product is often a more accurate reflection of the output of an economy than nominal GDP. By eliminating the distortion caused by inflation or deflation or by fluctuations in ...
Three types of interest rates, including real, nominal, and effective affect consumers' borrowing and investment choices. The nominal interest rate is the stated interest rate of a bond or loan or the ...
Just how important is money? Few would deny that it plays a key role in the economy.­ But one school of economic thought, called monetarism, maintains that the money supply (the total amount of money ...
India's GDP growth rate decline, official estimates questioned, and economic slowdown analysis by experts and academics.
The nominal GDP is likely to miss the Budget projection for growth for the second consecutive year in FY25, according to an MC analysis. While the government projected 10.5 percent growth for this ...
Are you preparing for UPSC CSE Prelims 2025? Check your progress and revise your topics through this quiz on Economy.
The first advance estimates of India’s Gross Domestic Product (GDP) for 2024-25, released by the National Statistics Office (NSO), indicate a decline in real GDP growth to 6.4%, down from 8.2% in 2023 ...
Mumbai: India’s nominal Gross domestic product (GDP) growth has slowed substantially hitting a 15-quarter low of 8 per cent year on year in Q3 2024. While Nominal GDP is the value of goods and ...