India posts 7.8% growth in Q1 despite oil price shocks

India's economy expanded at 7.8% in the first quarter, outpacing expectations despite volatile global oil prices. The growth figure reflects the resilience of the Indian economy in navigating external pressures.

The latest GDP data, which now incorporates producer price indices, also includes an upward revision to earlier quarter-ending March 2026 figures. Prime Minister Modi hailed the performance as a significant achievement under challenging global conditions.