At its core, GDP is not a directly observable number but an estimate constructed from multiple data sources, surveys, and statistical techniques. In a country like India, where a significant portion of economic activity occurs in the informal sector, measuring output with precision is inherently challenging.
The government forecasts 7.4% GDP growth for FY26, slightly above RBI’s estimate and FY25’s 7.3%, signaling resilience against US tariffs up to 50%. November exports jumped 20% to $38.13 billion, with 22% gains to the US and 90% to China. Private consumption rises 7%, manufacturing 7%, and investments strengthen, narrowing the trade deficit.
The company’s new valuation , $5.05 trillion, is higher than the gross domestic product (GDP) of several major countries, including India, Japan, and the UK.
Amid the high tariffs imposed by US President Donald Trump on Indian goods, India's current account deficit (CAD) is expected to remain under 1 per cent during the current financial year.
The 25% tariff on Indian goods announced by Donald Trump might end up doing more damage to the American economy than to India’s, as per the SBI research report.
NATO leaders have agreed to increase their defence spending to 5% of the GDP by 2035, as demanded by US. However, Spain refused the same, causing an angry outburst by Trump