Our economy works much like the game of passing the parcel, a favourite party game of children in which a gift wrapped in covers passes through different hands to the tune of music. In our economy ...

E = mc2 remains an equation upon which monumental advancements in man’s understanding of his world have been developed. Yet the fundamental representation of what produces Gross Domestic Product (GDP) ...

As part of the ongoing exercise to update the GDP base year, the government will use several more datasets on the expenditure side to improve the sources of data and enable more accurate estimation of ...

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 ...

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 ...