business π India's GDP Growth Beats Odds Amid US-Iran Tensions
India managed to achieve a real GDP growth rate of 7.8% despite heightened global instability. This performance was registered in the backdrop of potential US-Iran conflict escalating tensions around the Hormuz Strait. The growth figures pertain to the fiscal year ending March 2023, showing resilience in the economy. Analysts noted that the nation navigated international supply chain disruptions and geopolitical risks effectively. Moving forward, the government aims to sustain this momentum while managing global economic headwinds.