India, June 6 -- Despite witnessing the ongoing global uncertainty, geopolitical tensions and elevated energy prices, the Indian economy grew at a better-than-expected 7.8 per cent in the fourth quarter of the last financial year 2025-26. The GDP growth for the whole year stood at 7.7 per cent, marginally higher than the previous Government's estimates of 7.6 per cent.

India's economic growth has defied predictions, especially as experts had expected the adverse impact of the US-Iran conflict to reflect in the headline number. The January-March period accounted for just one month of disruptions caused by the war in Iran. The spike in oil prices and the disruption in supplies from the Middle East - a key source for India's crude oil, natu...