Economy

New Delhi (Rajeev Sharma): India’s economic engine picked up speed in the July–September quarter, logging an 8.2% expansion—its fastest pace in a year and a half—driven largely by a sharp rebound in factory output and a buoyant services industry. The latest figures from the National Statistics Office (NSO) show that the country has strengthened its position as the world’s quickest-growing major economy, far outpacing China’s 4.8% growth during the same period. The second-quarter performance marks a step up from the 7.8% growth recorded in the previous three months and a sizable leap from the 5.6% seen a year earlier. The…