S&P Global’s recent revision of India’s economic outlook from ‘stable’ to ‘positive’ is a endorsement of the country’s growth trajectory and improving fiscal metrics. This development is a evidence of India’s economic spectrum. It is characterized by sustained reforms and strategic government spending. In this article, I will delve into the implications of S&P’s assessment,…
Consumer sentiment is a measure of how people feel about the economy, and it can have a significant impact on economic decision-making. When people are feeling confident about the economy, they are more likely to spend money, invest, and start businesses. This can lead to increased economic growth. Conversely, when people are feeling pessimistic about…
GDP is measured in India by estimating GVA of “Individual sectors“. Before we proceed into further details, lets first know few basics about the following: GDP. GVA. Individual Sectors. What is GDP? Gross Domestic Product. GDP is a measure of “total value of goods and services” produced in a country. What means by total value of…
Why Government cannot print currency notes and give to needy? After all, printing currency notes is in control of RBI and GOI. It needs no other approvals. Why it cannot be done this way? India’s population is 132 Crore. Out of this, at least 18 Crore are “poor”. Who are poor people? According to world…
There is a strong relationship between GDP and tax revenue. But before we must know what is GDP (Gross Domestic Product). GDP is an indicator of a countries economic health. GDP figure also show how big is the economy. But why we use GDP. In layman terms GDP compares earning and spending power of different countries….
