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Despite a strong Q1 showing, risks are on the upside, thanks to geopolitics and geo-economics - The Economic Times
India's GDP grew 7.8% in Q1, surpassing expectations and indicating economic resilience. This growth occurred despite a challenging global economic environment and external factors. Employment-intensive sectors like manufacturing and construction showed strong performance during this period. However, risks remain due to El Nino and ongoing geopolitical conflicts impacting oil prices. The economy faces potential inflation increases from liquidity and currency pressures.
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