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India Q1 GDP Grows 7.8% as BJP and Congress Clash Over Economic HealthIndia's gross domestic product grew at 7.8% in the first quarter of the 2026/27 financial year, positioning it as the fastest-growing major economy globally. Prime Minister Narendra Modi described the economic expansion as a Herculean feat achieved despite global headwinds such as West Asia geopolitical tensions, oil price volatility, US tariff pressure, and supply chain disruptions. However, the GDP figures have triggered a political confrontation. The Congress party questioned the headline numbers, calling them a distorted picture and raising concerns regarding sluggish consumer sentiment, falling rupee value, depressed private investment, educated unemployment, and trade deficit with China. Meanwhile, the Bharatiya Janata Party defended the growth trajectory, highlighting expansion in manufacturing and financial services, and sought an apology from Congress leader Rahul Gandhi over earlier remarks labelling India a dead economy.