GDP data spark controversy but will comfort the RBI
India’s stronger-than-expected GDP data for Q2 have sparked a row among politicians over the reliability of the figures. But the numbers as well as broader activity indicators point to resilience - enough to lift our GDP growth forecast for this year and give the RBI more confidence to start raising rates soon.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.