India’s unexpectedly strong economic growth has sparked a debate after an ex-bureaucrat questioned whether the expansion was overstated and a former central bank chief asked why strong expansion had not shown up in jobs and investment.

India’s economy grew 7.8% in the April-June quarter of FY27, beating the RBI’s 7% forecast, the 7.1% Reuters poll median and other market estimates of around 7.3%. The strong…

India recorded 7.8% GDP growth in Q1 FY27, but former finance secretary Subhash Chandra Garg questioned whether the figure reflects the exact reality. | India News

Latest GDP metrics reveal a robust real growth of 7.8% for Q1 FY27, although some dissent surfaced due to erroneous comparisons between outdated and updated data sets. This…