India, Aug. 29 -- India has grown at the fastest pace in at least a year, surprising the likes of economists and GDP pundits alike, but that growth isn't without merit. In fact, it's short-lived.

The super healthy GDP growth rate in the first quarter has gotten a temporary boost from front-loaded government spending-unlike last year due to 2024 Lok Sabha elections-along with front-loaded exports to the US before the 50% tariffs came in effect, Madhavi Arora, lead economist at Emkay Global said in a note.

India's economy unexpectedly expanded 7.8% year-on-year in the April-June quarter, picking up from 7.4% in the previous three months, according to government data released on Friday. With that, India remains the fastest growing major ec...