India's Q1 GDP Surges 7.8%, Record Forex Reserves Arm RBI, and GST Nears ₹2 Lakh Crore — A Week of Economic Resilience

India's economy expanded 7.8% in Q1 FY27 (April–June), smashing through RBI's forecast and leaving economists scrambling to revise projections upward. Real GDP hit ₹81.36 lakh crore, up from ₹75.46 lakh crore a year ago, while nominal GDP surged 10.3% to ₹88.27 lakh crore. The growth was powered by consumption, exports, and aggressive government capital expenditure — all achieved while the US-Iran war sent commodity prices spiralling and choked supply chains....