What is GDP, how is it measured and why does it matter?

What is GDP, how is it measured and why does it matter? Many of us hear the term GDP more often in news and other analysis. GDP is an important tool to measure how an economy is doing. However, how many of us understand what GDP is, How is it measured, and why it is …

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SAE and Quarterly Estimates of National Income 2023-24 – An Overview

Second Advance Estimates and Quarterly Estimates of National Income 2023-24 – An Overview On 29th February 2024, the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) released its Press Note on the Second Advance Estimates (SAE) of National Income, 2023-24; Quarterly Estimates of Gross Domestic Product (GDP) for October-December quarter (Q3) of …

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General Government Debt – A Brief Analysis

General Government Debt – A Brief Analysis According to economics literature, Debt and Monetary financing are the sources of financing fiscal deficit. Debt consists of domestic and external borrowing. For any Economy Public Debt is one of the major factors (or say indicator) which shows the health of the economy. Many economies around the world …

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Bleaker Economic Growth Times Ahead for Australia

Bleaker Economic Growth Times Ahead for Australia The Global Economic outlook is looking bleak, especially for next year. Inflation in many economies still looks significantly higher than its target. Even the Core inflation (excluding food and fuel prices) is obstinately increasing in many countries. Despite the Central banks’ efforts to slow aggregate demand, many Western …

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IMF Released the World Economic Outlook (WEO)

IMF Released the World Economic Outlook (WEO) On 10th October 2023, the International Monetary Fund (IMF) released the World Economic Outlook. The overview states with the headline “Global recovery remains slow, with growing regional divergences and little margin for policy error”. Global Growth to Slow Down The WEO report states that Global Growth to slow …

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India’s Union Budget – 2023-2024 – An Analysis

India’s Union Budget – 2023-2024 – An Analysis Table of Contents Introduction India’s Union Budget 2023-24 was presented by the Finance Minister Nirmala Sitharaman on 1st February, 2023. This article will analyse some of the main aspects of the Budget. For Flipbook View (click here: Union Budget) Before delving into the analysis it is important to …

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Global Growth rate will fall in 2023 and 2024: WEO, IMF.

Global Growth Rate will fall in 2023 and 2024: WEO, IMF. Table of Contents On Tuesday (31.01.2023), International Monetary Fund (IMF) has released World Economic Outlook, 2023. The Report stated that: ·        Global growth forecast – 3.4% in 2022, 2.9% in 2023, to increase in 2024 to 3.1% ·     In the October 2022 World …

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