India's growth trajectory is expected to remain steady despite the ongoing Middle East crisis, that has sent ripples across the globe. In its latest report, SBI Research said that the country is navigating oil shocks and the Iran war from a "situation of strength", projecting GDP growth at 6.8% to 7.1% in FY27. The report noted that India entered the current phase on firm footing. "The country has entered the global geo-political conflict from a situation of strength this time with FY26 growth at 7.6%, similar to Russia and Ukraine crisis, when India was expanding at more than 9%," it said.