3 Things India’s economic mystery, insurance mafia, and Israel-Hamas ceasefire
Oct 14, 2025
Udit Misra, an economics reporter at The Indian Express, dives into the complexities of India's economy, discussing the disparities between nominal and real GDP amidst concerns over data quality. Next, Saman Hossain, an investigative reporter, reveals chilling details of an insurance murder case allegedly orchestrated by a man seeking payouts from multiple policies on his family. Finally, the dialogue shifts to the fragile truce brokered by the US between Israel and Hamas, exploring its stability and political repercussions. A captivating blend of current affairs!
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Real GDP Keeps Outperforming Expectations
- India's real GDP has repeatedly surprised on the upside, posting 7.8% growth in Q1 FY.
- That growth contrasts with many comparable economies that are stagnant or contracting.
Policy Moves Signal Stress Despite Good Numbers
- Policymakers' frequent tax cuts and welfare measures signal they perceive economic stress despite rosy GDP numbers.
- This policy behavior creates a puzzling mismatch with the growth data.
Look At Nominal GDP To Cross-Check Growth
- Nominal GDP reflects observed values and can reveal different dynamics than deflated real GDP.
- Udit Misra shows nominal growth can expose whether real growth is overstated by low deflation adjustments.