India's GDP grew by 7.8% in Q1 FY27. This straightforward announcement, not very different from the number anticipated and predicted by economists at several banks and investment institutions, has made more news and generated more meaningless debate than warranted.
Other than a maverick former civil servant, nobody of consequence has questioned the 7.8% figure. Using the GDP equivalent of cricket's Duckworth-Lewis method, this gentleman has reduced it to 2.6%. Few agree with him. Even other sceptics have brought up what are strictly speaking extraneous issues.
