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Business

India's GDP Growth Defies Oil Shock at 7.8% But Sparks Credibility Debate

Q1 GDP expands 7.8% on a 12% export surge and revival in private corporate investments, sparking spirited debates between government and opposition.

Economic Bureau

September 11, 2026• 5 min read

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India's GDP Growth Defies Oil Shock at 7.8% But Sparks Credibility Debate - Greenline News

New Delhi: Defying crude oil volatility, India's economy expanded at a robust 7.8% in Q1 2026-27, led by an export surge of 12% and gross fixed capital formation expanding nearly 12%.