Gross Domestic Product popularly known as (GDP) is a measure mainly used as a yardstick to gauge the economic growth of a country. Calculation of GDP: The calculation can be done in one of two ways: ...

China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics ...

The production approach sums the “value-added” at each stage of production, where value-added is defined as total sales less the value of intermediate inputs into the production process. For example, ...

Gross Domestic Product or GDP represents the total value of all the final goods and services that are produced within a country's borders within a particular time period, typically a year or a quarter ...

The finance ministry dismissed the criticism around the recently released GDP data. In its latest X post, the ministry said "Critics want to latch on to anything that does not paint the Indian economy ...