India's economy recorded a robust GDP growth of 7.8% for the first quarter of FY27, surpassing RBI forecasts despite rising tensions in West Asia.
The growth figure, released on August 31, 2026, demonstrates resilience against the recent 3% spike in global oil prices caused by US-Iran strikes.
While the growth rate is slightly slower than the previous quarter, it remains significantly higher than the same period last year, signaling sustained domestic demand.