gross domestic product

Canada's economy unexpectedly contracted by 0.1% in the first quarter, marking two consecutive quarters of decline and sparking debate over a technical recession. Prolonged U.S. tariff uncertainty and geopolitical headwinds have impacted business investment and driven up domestic prices, though some economists dispute the recession label due to a lack of widespread weakness.

California is considering a 5% tax on billionaires' wealth. Proponents expect significant revenue for public services. Opponents fear wealthy individuals will leave the state. A study suggests revenue gains would outweigh losses for decades. The proposal will be on the November 2026 ballot. Legal and economic challenges are also anticipated.

According to data compiled by Bloomberg, Taiwan’s overall market capitalisation rose to $4.95 trillion as of Monday, while India’s market value declined to $4.92 trillion.

Escalating tensions in the Strait of Hormuz have triggered a surge in US fuel prices, pushing inflation to a three-year high and eroding wage gains. While the US economy has shown resilience with steady consumer spending and job growth, persistent inflation threatens household budgets and consumer sentiment, with higher bond yields signaling deeper economic worries.

He’s basically preparing the country for tough decisions GOI has to take. Aside from fuel price hikes, there may be some mild curbs. But extravagant poll promises by all winning parties, including BJP, make economic management that much tougher

BJP's Bengal win strengthens PM Modi’s hand in dealing with Bangladesh and with both the great powers – China and the US. Pakistan, too, will be particularly unsettled

India ranked as the fifth largest military spender globally in 2025, with an 8.9% increase to $92.1 billion, influenced by the India-Pakistan conflict. Global military expenditure reached $2,887 billion, an 11th consecutive year of growth, driven by Europe and Asia, despite a US spending decrease.

A nearly 50-day Iran war has crippled global oil markets, removing over 500 million barrels and costing $50 billion. This unprecedented energy shock, impacting Gulf producers severely, could have long-lasting effects. While the Strait of Hormuz has reopened and a ceasefire is anticipated, a full recovery for energy supplies is expected to be a slow, multi-year process.

The world's most powerful economies, led by the US and including China, Germany, Japan, the UK, and India, significantly shape travel experiences. Their GDPs influence infrastructure, transport, and cultural offerings, creating distinct journeys from advanced convenience to vibrant contrasts.

Morgan Stanley predicts that India's gross domestic product will grow by 6.2% in FY24 due to the reopening of the economy, increased private sector investment, a cyclical recovery in consumption and an increase in government spending. Inflation is predicted to be below 5% in Q2 2024, with inflation averaging around 5.5% in F2024, says the report.

Chhattisgarh witnessed a growth rate of gross domestic product (GSDP) of 13.21 percent during 2013-14 against the Thirteenth Finance Commission (ThFC) projection of 12.50%.

When chief minister Yogi Adityanath and his cabinet colleagues went to IIM-Lucknow for the second time with state's senior bureaucrats in tow, the B-school management gurus laid out a roadmap for raising per capita income by increasing state gross domestic product (SGDP) through people's participation.

India's exports rose 37.5% in 2010-11 to touch a record $246 billion as traders targeted new markets and gained from improved sentiments in the US and Europe.

Contribution from the manufacturing sector to the country’s gross domestic product (GDP) has remained stagnated at a mere 15% for the past 25 years and there is an urgent need to enhance this contribution for the overall growth of the Indian economy

Government’s fiscal deficit target for the current year has been breached in January, and with the numbers for the two months still to come, the gap between expenditure and revenue may widen further.

At the time when the gloomy economic scenario in India is drawing much flak, a report released by the OECD (Organisation for Economic Cooperation and Development) on Friday brings a slew of good news.

Assocham fears that the loss to the GDP would be more than its initial estimates as almost 50% of the economic activity has been hampered by the strike.

While the CNX Nifty seems to be holding up to 2008 levels, it is les reflective of the economy and does not seem to convey the worsening macro economic situation. The GDP (gross domestic product) ratio has fallen from sub 9% to in FY08 to 5% in FY13.

While economists always talk of gross domestic product (GDP) of a country, for social scientists per capita income (PCI) is more important as it shows whether the citizens of that country, state or region are affluent or not.

Share of manufacturing in India’s gross domestic product (GDP) has declined to 15.1% this year, the lowest level in the past 10 years, a research report showed on Friday.