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Population is rising, the demands for food and basic commodities continue to skyrocket in geographic proportions and the country cannot even produce rice to feed its population of nearly 115 million.
India is projected to add $1 trillion to its GDP every 12–18 months to 2047. With this momentum, India is targeting a $30 ...
Data from the National Development and Reform Commission show that China's domestic demand contributed an average of 86.4 percent to the country's economic growth during the past four years, with ...
Nvidia became the world’s first company with a market capitalization of $4 trillion, as the Jensen Huang-led enterprise rides ...
Trump’s “Big Beautiful Bill” just passed both chambers of Congress. It slashes over $1 trillion from Medicaid and cuts ...
CII President Rajiv Memani stated that India requires a 10 per cent average nominal GDP growth annually to achieve its Viksit ...
Turkey is one country that’s predicted to rise substantially in the rankings. Currently, it sits at a respectable position, ...
California has the No. 4 economy in the world, biggest state GDP in US. WalletHub ranked the best states for health, business growth, jobs. What to know ...
Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period.
Unlike nominal GDP, which converts local earnings into U.S. dollars using exchange rates, PPP adjusts for cost-of-living differences and what money can actually buy in a country.
Nominal GDP shows the size of an economy in current prices. Japan's economy expanded in 2024 when the country was reeling from the yen's persistent weakness and the resulting cost-push inflation.
If India continues to grow its nominal GDP at a low double-digit rate, it will support a gradual increase in its weight in the MSCI Emerging Markets Index, said Daniel Morris, chief market ...