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Is India's Q1 GDP growth overestimated? The surprise behind the better-than-expected 7.8% number

India’s stronger-than-expected GDP growth for the June quarter may have been overestimated, according to HSBC India. The bank said low deflators could be exaggerating real growth numbers, adding that ...
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India's nominal GDP slowdown is cyclical, not structural but era of 15% growth is over, economists say

Economists also said lower inflation and a weak GDP deflator have dragged nominal growth to around 10%, even as real activity improves; the bigger challenge now is jobs and wage growth.