How India Delivered 7.8% Growth Despite $120 Oil And Hormuz Crisis

Despite Brent hitting $120, rupee at 95.7, and Hormuz disruptions, India achieved 7.8% GDP growth. Resilient manufacturing, services, and investment drove the expansion. Policy tools, retail fuel price caps, FCNR(B) swap window, and foodgrain buffers, shielded the economy. However, challenges like oil prices, and trade tariffs require continued fiscal-monetary discipline.