India's economy grew 7.8% year-over-year in the fourth quarter of its fiscal year, from January to March, according to official data released Friday. The growth rate exceeded economist forecasts and demonstrated resilience in the face of multiple economic headwinds.

The robust expansion came despite significant challenges including rising energy costs and pressure on the rupee currency. Energy price increases, driven largely by global commodity market volatility, have posed inflationary pressures on the Indian economy throughout the quarter.

The rupee has faced downward pressure during the period, declining against major currencies amid global economic uncertainty and capital flow dynamics. Currency weakness typically increases the cost of imports, particularly energy, for the import-dependent economy.

Despite the positive growth figures, analysts note that structural economic challenges remain that monetary policy measures alone may not address. The growth performance reflects India's position as one of the world's fastest-growing major economies, though it continues to navigate global economic volatility.

The quarterly data represents the final quarter of India's fiscal year, which runs from April to March. The strong finish caps a year of economic expansion amid a complex global environment marked by geopolitical tensions and monetary policy shifts by major central banks.