Most economists like talking about the very popular metric GDP (aka, gross domestic product). It’s not so much about how effective the metric is in capturing the overall economic conditions, but ...
India’s FY26 advance GDP estimate will set the base for Budget calculations, influencing tax projections, fiscal deficit ...
The government has managed to diversify its revenue sources, which will insulate it against massive tax shortfalls in FY26.
Slower nominal GDP growth in FY26 may not hurt deficit math, but weak tax buoyancy and a slipping tax-to-GDP ratio signal ...