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India's growth resists oil shock amid data doubts
India's economy reported a 7.8% GDP growth rate despite global energy disruptions, driven by strong export performance and increased private investment. The government credited diversification of energy sources and fiscal stimulus measures for the resilient growth, amidst ongoing political debates over the credibility of the data. However, challenges such as rising food inflation, below-average monsoon rainfall, and potential future economic slowing pose risks to sustained expansion.
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