McCallum Rule: What It is, How It Works, FAQs

The McCallum Rule is a monetary policy theory and formula describing the relationship between the monetary base and nominal GDP growth.
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India needs inflation again: Why nominal GDP, not real growth, is the real Budget 2026 challenge

As India heads into Budget 2026, economists are rethinking long-held assumptions about growth and stability. With inflation at multi-decade lows and nominal GDP losing momentum, policymakers face a ...

Udit Misra writes: In corporate India’s sales data, another reason why GDP growth is being questioned

While India’s GDP has been surprising observers on the upside every quarter this financial year, what has happened to the ...