Gross Domestic Product (GDP) of India grew by 6.1 per cent in Jan-Mar 2023, surpassing the estimated growth rate of quarter 4 (Q4) of 2022-23 at 5.1 per cent by the Reserve Bank of India (RBI) and 5.5 per cent by SBI research. According to the Reuters poll, Indian economy was ...
while consumption of steel rose by 10.2% y/y. Sales of commercial vehicles rose sharply higher in FY2022-23, increasing by 34.3% y/y, while sales of private vehicles rose
The Stockholm International Peace Research Institute calculated India’s defense expenditure at 2.4% of GDP in 2023. “By comparison, China, with its much larger economy than India’s, spends about 1.7% of its share of GDP on defense,” Professor Manjeet S. Pardesi, of the Centre for Stra...
The International Monetary Fund recent data stated that combined debt of central and state governments stood at 81% of GDP in 2022-23. A comprehensive UBI program, even at a modest level, would require substantial additional expenditure. For instance, a UBI of just ₹1,000 per month for...
RATE OF GROWTH OF TAXES (%) VS GROWTH IN NOMINAL GDP Nominal GDP Corporate Tax Growth Growth in Income Tax Tax Buoyancy 2021-22 19.5 55.6 43 2.52 2022-23 15.4 16 20 1.1 2023-24(Apr-Aug) 8 15 35.7 - It's clear now that, for the third year running, a rise in direct taxes is ...
India now stands at6th position in terms of GDP(Gross Domestic Product). It is poised to become 8 trillion-dollar economy,third largest by 2030. India is already third largest, only behind USA and China in terms of PPP (purchasing power parity). National Statistical Office, estimated GDP gro...
However, Vietnam shines in several key areas. Its GDP per capita is higher than India’s, and it maintains a significantly lower debt-to-GDP ratio, indicating less foreign dependence. Additionally, Vietnam’s lower inflation rate contributes to the stability of raw material prices...
GDP Deflator Growth (%)6.6Dec 2022quarterlyJun 2005 - Dec 2022 GDP per Capita (USD)2,301.4182022yearly1958 - 2022 Gross Fixed Capital Formation (USD mn)281,655.934Sep 2024quarterlyJun 1996 - Sep 2024 Gross National Product (GNP) (USD mn)3,515,909.9772023yearly1957 - 2023 ...
Deka A, Ozdeser H, Seraj M (2022) The effect of GDP, renewable energy and total energy supply on carbon emissions in the EU-27: new evidence from panel GMM. Environ Sci Pollut Res. https://doi.org/10.1007/s11356-022-24188-x Article Google Scholar Dickey DA, Fuller WA (1979) Distr...