Despite fears of an economic slowdown triggered by the US-Iran conflict, India's economy showed strong momentum with a 7.8% growth rate in the first quarter of FY27. This performance marks an improvement over the 6.9% growth seen during the same period in FY26. While the latest figure is a step down from the 8.6% growth observed in the January-March quarter, it still managed to surpass the projections set by market analysts.

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