Gross Domestic Product (GDP): A Comprehensive Overview
Introduction Gross Domestic Product (GDP) is one of the most important indicators used to measure the economic performance of a country. It represents the total value of all final goods…
GDP vs. GVA: Understanding the Key Differences in Economic Measurement
Introduction Gross Domestic Product (GDP) and Gross Value Added (GVA) are two essential indicators used to measure economic performance. While both provide insights into the economic health of a nation,…
Understanding Depreciation in Financial and Economic Analysis
Introduction Depreciation is a crucial accounting and financial concept that represents the reduction in the value of an asset over time due to factors such as wear and tear, obsolescence,…
Concept of Base Year in Financial and Economic Analysis
Understanding the Concept of Base Year in Financial and Economic Analysis The base year is a fundamental concept in economics, finance, and statistics, serving as a reference point for comparing…
India’s GDP to Grow at 6.4% Real and 9.7% Nominal in FY25: 1st Advance Estimates
India’s economic trajectory continues to garner global attention, reflecting its resilience and strategic policy interventions. The recent fiscal projections and economic indicators underscore the nation’s commitment to sustainable growth and…
Why India Must Significantly Increase Its R&D Budget
Introduction Research and Development (R&D) is the driving force behind economic growth, technological progress, and national security. Countries that invest heavily in R&D lead in innovation, industrial growth, and scientific…
Why India Needs a $100 Billion Defense Budget
India’s defense budget for 2024-25 stands at approximately $78 billion, making it the third-largest military spender in the world after the United States and China. While this allocation reflects the…
India’s Defence Budget 2025-26: Key Allocations, Strategic Implications
Introduction The Union Budget 2025-26 has allocated a record ₹6.81 lakh crore for the Ministry of Defence (MoD), marking a 9.53% increase from the previous year. This allocation underscores India’s…
The Budget Session of the Indian Parliament: All You Need to Know
The Budget Session of the Indian Parliament is one of the most important events of the year. It sets the tone for the country’s finances and policies, influencing the economy…
Budget 2025: What Gets Cheaper, What Gets Expensive?
Simplified Overview of the Union Budget 2025-26 Finance Minister Nirmala Sitharaman presented the Union Budget for 2025-26 on February 1. This is her eighth budget and the second full one…















