India's Economic Double Task: Celebrating 7.8% Growth While Managing the Oil-Rupee-Liquidity Triple Challenge

India’s economy is delivering headline growth of 7.8% in Q1 FY27, a number that even the IMF admitted was above its own expectations. The upsurge was driven by robust activity in services and exports, underscoring India’s resilience. However, this strong domestic performance is unfolding against a backdrop of intense global pressure. Brent crude has surged past $108 per barrel amid West Asia tensions, directly impacting India’s import bill and putting the rupee on a...