India's GDP growth defies US-Iran war impact, grows at 7.8% in Q1

India's GDP has defied the expectation of a slowdown due to US-Iran war by delivering robust growth at 7.8% in Q1 of FY27. This is higher than the 6.9% growth in the first quarter of FY26. However, the GDP growth rate is lower than the 8.6% recorded in the January-March quarter. The growth has beaten the expectations of analysts.