A simplified breakdown of the controversy surrounding India's 7.8% Q1 GDP growth. Understand base year revisions, double deflation, and the government's official FAQ without needing a finance degree.
GDP numbers are periodically revised when better data becomes available and when the statistical system is updated. The recent exercise involved moving to a new base year of 2022-23, along with changes in data sources and estimation methods.
The Ministry of Statistics and Programme Implementation (MoSPI) has released the Provisional Estimates of the Annual Gross Domestic Product (GDP) for the financial year...
The IMF's 2025 growth projections, released on October 14, 2025, highlight India's 6.6% GDP growth as the highest among major economies, surpassing China's 4.8%,...
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.
NITI Aayog Chief Executive Officer (CEO) BVR Subrahmanyam said that India has overtaken Japan to become the world's fourth-largest economy, citing data by the International Monetary Fund.
Despite such poor economic growth, Pakistan continues to boost its defence expenditure. In 2025, Pakistan hiked its defence budget by 16.4% amounting to $7.37 billion approximately.