India's Q1 GDP grows 7.8% on strong consumption and capex

India's Q1 GDP growth accelerates to 7.8%, driven by robust consumption and capital expenditure despite global headwinds from the US-Iran conflict. The figure surpasses expectations, indicating resilience in domestic demand. This strong print reinforces India's position as the fastest-growing major economy. Markets may see broad-based optimism across sectors, especially consumer and infrastructure.

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