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8.2

India Q1 GDP beats forecast at 7.8%, resilient to oil shock

India's April-June GDP grew 7.8%, beating the RBI's 7% forecast, despite oil price pressures from the US-Iran conflict. This strengthens confidence in India sustaining its growth trajectory and remaining the fastest-growing major economy, though exposure to high oil prices persists.

South China Morning Postabout 16 hours agoIN, US, IRengCredibility 32%View source

Score Breakdown

Mosaic Score8.2
Confidence0.7
Significance0.8
Source credibility0.3

Intelligence Tags

#india#gdp#oil#growth#rbi#us-iran

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Part of a situation

activeMarketsInfrastructure7h ago

India — 5 developments

→ stable·4 signals·IN, US, IR +3Score 4.7

Related signals

8 found