India’s growth near 8% as reforms cushion pandemic, war and energy volatility

Das pointed out that India posted a real GDP growth of 7.8 % in the first quarter of FY 2026‑27, driven by strong domestic demand and investment. He noted four consecutive quarters with growth above 8 %, underscoring the economy’s capacity to expand even as the world faces geopolitical tension, trade fragmentation, technology bans and volatile energy prices.

The flexible inflation‑targeting framework introduced in 2016 helped the country navigate COVID‑19, the Russia‑Ukraine war and conflicts in West Asia without derailing growth.