Nominal GDP or GDP at current prices in the year 2022-23 is estimated at Rs 273.08 lakh crore, as against the provisional estimate of GDP for the year 2021-22 of Rs 236.65 lakh crore released on May 31, 2022.
Ghosh said as percentage of gross domestic product (GDP), CIC was now at 11.8 per cent, less than 12.1 per cent in FY16 and significantly lower than the nominal GDP growth. He also added that it is an absurdity in quoting absolute numbers of currency in circulation (CIC) then and now.
Kabul [Afghanistan], December 2 (ANI): The Taliban's move to stop women from working could cost the Afghan economy nearly USD 1 billion, according to a new report by the United Nations Development Programme, that portrays the growing humanitarian crisis in the country.
Kabul [Afghanistan], December 1 (ANI): Afghanistan's nominal GDP is likely to contract by 20 per cent within a year, from USD 20 billion in 2020 to a figure of USD 16 billion, the United Nations Development Programme (UNDP) said on Wednesday.
Mumbai (Maharashtra) [India], June 12 (ANI): India's real and nominal GDP could contract by 4.7 and 3.5 per cent this year due to the Covid-19 crisis, Motilal Oswal Financial Services Ltd (MOFSL) said on Friday.
New Delhi [India], Feb 13 (ANI): The 6th meeting of Advisory Council to the 15th Finance Commission was held here on Thursday to seek views of participants on the formula for horizontal devolution of central taxes and discuss the outlook for nominal GDP growth from 2021-22 to 2025-26, tax bu
Mumbai (Maharashtra) [India], Dec 31 (ANI): The aggregate fiscal deficit of states will touch 3 per cent gross domestic product (GDP) in FY20 against the budgeted figure of 2.6 per cent, India Ratings and Research (Ind-Ra) said on Tuesday.