In a shocking, sweeping round of layoffs that took place on April 1, the tech giant shocked the entire industry by letting go of around 30,000 employees globally with just one cold email. What has drawn more attention is not just the scale of the cut altogether, but the profiles of those affected
Cole Tomas Allen parents: All we know as neighbor speaks out after WH shooting, ‘Very solid and…’Cole Tomas Allen, a Torrance resident, was identified as the suspect in a shooting incident at a gala in Washington, D.C. Updated on: Apr 27, 2026 4:36 PM IST By Shweta Kukreti Share via Copy link
Thirty students of Delhi University’s Hansraj College have been suspended in the past week for alleged violence and misconduct during an annual festival, and allegedly defaming the institute on social media, The Indian Express reported on Monday
The Jammu and Kashmir administration has declared Jamia Siraj-ul-Uloom, one of South Kashmir’s biggest seminaries, as an unlawful entity under the Unlawful Activities Prevention Act for alleged “covert linkages” with the banned group Jamaat-e-Islami, The Indian Express reported on Monday
Authorities in Jammu & Kashmir have declared Darul Uloom Jamia Siraj-ul-Uloom, one of Kashmir’s biggest educational seminaries in Imam Sahib area of Shopian district, an “unlawful entity" under the Unlawful Activities (Prevention) Act, 1967, over alleged links with the banned Jamaat-e-Islami
Olympic medallist and World Champion P. V. Sindhu has assumed a full voting position on the Council of the Badminton World Federation (BWF) following her election as Chair of the BWF Athletes' Commission, according to a release. Horsens: One of the most accomplished athletes in the history of
Axis Bank has reported a decline in employee headcount for FY26, with its total workforce falling by around 3,000 employees year-on-year. The private lender said the reduction was linked to higher productivity and efficiency gains arising from sustained investments in technology
West Bengal Election 2026: Polls in the state are a battle of narratives. Parties are using food and cultural symbols to connect with voters. The TMC emphasizes Bengali identity, while the BJP seeks to broaden its appeal. Both are navigating a complex electorate where cultural affinity meets
Budget 2026: 8 key takeaways from CEA’s economic survey briefing
Budget 2026: 8 key takeaways from CEA’s economic survey briefing– Check full list
India's real GDP growth for FY26 (2025-26) is estimated at 7.4 per cent, while Gross Value Added (GVA) growth stands at 7.3 per cent, according to the First Advance Estimates. This marks the fourth consecutive year that India has emerged as the fastest-growing major economy.
New Delhi: The Economic Survey 2025-26, tabled in Parliament on January 29, 2026, by Finance Minister Nirmala Sitharaman ahead of the Union Budget, highlights India's economic performance in a challenging global environment. Prepared under Chief Economic Adviser V. Anantha Nageswaran, the Survey reviews growth trends, fiscal management and sectoral developments while flagging global risks such as geopolitical tensions, trade fragmentation and policy uncertainty.
Here are eight key highlights from his remarks.
Add Zee News as a Preferred Source
India's real GDP growth for FY26 (2025-26) is estimated at 7.4 per cent, while Gross Value Added (GVA) growth stands at 7.3 per cent, according to the First Advance Estimates. This marks the fourth consecutive year that India has emerged as the fastest-growing major economy. The strong performance comes despite global economic volatility, reflecting the resilience of domestic demand and macroeconomic stability.
Looking ahead, the Survey projects real GDP growth in the range of 6.8 per cent to 7.2 per cent for FY27. Importantly, India's potential growth rate has been upgraded to around 7 per cent up from 6.5 per cent a few years ago. The improvement is attributed to sustained structural reforms, higher capital formation, labour formalisation, digital infrastructure expansion, regulatory simplification and continuous skilling initiatives.
Domestic demand continues to anchor growth. Private Final Consumption Expenditure grew by around 7 per cent in FY26 and now accounts for 61.5 per cent of GDP — the highest share since 2012. Low inflation, stable employment conditions, strong agricultural output supporting rural demand, and resilient urban spending have contributed to the consumption boost.
Investment activity has also remained steady. Gross Fixed Capital Formation expanded by nearly 7.8 per cent and remained close to 30 per cent of GDP. Public capital expenditure continues to support infrastructure creation, while private investment is showing signs of revival.
The Survey notes that headline CPI inflation averaged around 1.7 per cent in FY26 (up to December), marking one of the lowest levels in recent years. Core inflation has also remained subdued, reflecting improved supply-side conditions. Lower inflation has helped protect household purchasing power and created a favourable environment for growth.
The government's fiscal consolidation path remains intact. The fiscal deficit for FY25 came in better than budgeted at around 4.8 per cent of GDP, and the target for FY26 has been set at 4.4 per cent. General government debt-to-GDP has declined by about 7.1 percentage points since 2020, even as public investment has been maintained at elevated levels. Strengthening revenue receipts have further supported fiscal stability.
Financial Sector Shows Strength
India's financial sector continues to remain robust. Gross NPAs have declined to a multi-decadal low of 2.2% as of September 2025. Despite global financial turbulence, the banking system remains well-capitalised, supporting credit growth and overall economic activity.
The services sector has led the growth momentum with GVA expansion of around 9.1–9.3 per cent, though expansion has been broad-based across agriculture, industry and services. The Survey emphasises the need for people-centric urbanisation reforms to reduce congestion and productivity losses. It also highlights improving manufacturing competitiveness through logistics upgrades, correcting inverted duty structures and leveraging trade agreements such as the proposed FTA with Europe. Export resilience remains a priority amid rising global tariffs and supply chain re-routing.
Globally, economies are facing deteriorating fiscal balances, rising bond yields, trade weaponisation and supply chain disruptions. While India retains strong macroeconomic buffers and structural strengths, the Survey calls for caution rather than pessimism. It stresses the need to build resilience against external vulnerabilities, including volatile capital flows and currency pressures. Manufacturing expansion is seen as crucial for strengthening the rupee, while the rise of artificial intelligence also poses new challenges related to skill gaps and structural shifts in the labour market.
Overall, the Economic Survey 2025-26 presents a picture of an economy that remains strong, stable and reform-oriented, even as it navigates an increasingly uncertain global landscape.
Source: ZeeNews
Related Posts: India’s Research And Insights Industry To Grow 10 Per Cent In FY26 India’s per capita GDP estimated below Bangladesh in 2026 Pakistan's Economic Crisis Deepens With Sub-3 per cent Growth For 5th Year Donald Trump’s 50 per cent tariffs on India to end soon 91 per cent Indian firms now pilot workplace AI Abhishek Sharma fined 25 per cent of match fee for showing dissent at umpire's decision Over 27 per cent increase in glacial lake area among 55 glacial lakes in India since 2011 Kerala to reduce Class 10 syllabus by 25 per cent Yes triumphs in Bangladesh referendum with 60 per cent turnout Abhishek Sharma Loses 25 Per Cent Of His Match Fees As Punishment For Using Obscene Language
Woman gets mom's thyroid levels tested at 3 labs, gets different results: Doctor explains why it happened, how to avoidAn influencer got her mom's thyroid testes from three labs, getting varying results. Experts highlight factors like biotin and calibration differences. Published on: Apr 27
6 hours ago
Apple MacBook Ultra coming to top the Pro lineup in 2027, reports sayMacBook Ultra is rumoured to bring OLED display, possible touch support, M6 chips, and a thinner design, positioning it above the MacBook Pro lineup. Updated on: Apr 27, 2026 3:25 PM IST Share via Copy link You may be interested
6 hours ago
U.S. President Donald Trump said on Sunday (April 26, 2026) that the suspect accused of trying to attack administration officials at a black-tie gala on Saturday night (April 25) was a “pretty sick guy” who had been flagged to law enforcement by family members.U.S
6 hours ago
Manabadi AP SSC 10th Results 2026 Date Time Live: The Board of Secondary Education, Andhra Pradesh (BSEAP) is expected to announce the AP SSC Results 2026 anytime soon. According to media reports, the results are likely to be declared in the last week of April. Last year
6 hours ago
PV Sindhu has stepped into a new role off the court, officially joining the Badminton World Federation (BWF) Council as a voting member after completing the formal vetting process. Her appointment was formalised at the end of 2025, with Sindhu making her first appearance before the global badminton
6 hours ago
The ‘digital pacifier’ comes under scrutiny in the UK; here's what Indian parents have to sayAs screen dependency grows, the UK introduces fresh guidelines to help parents navigate early digital exposure. Here's what Indian parents have to say about it Published on: Apr 27
6 hours ago
The new musical film about Michael Jackson has stormed the worldwide box office, scoring the highest opening weekend ever for a biopic. The singer's nephew Jaafar Jackson portrays him in Michael, which has taken $217m (£160m) globally since it opened on Wednesday
6 hours ago
Bhooth Bangla worldwide box office collection day 10: Akshay Kumar film collects ₹150 crore; beats Sky Force lifetimeBhooth Bangla worldwide box office collection day 10: The horror comedy marks the reunion of director Priyadarshan and actor Akshsy Kumar. Apr 27, 2026
6 hours ago
Farah Khan feels Aparshakti Khurana has better comic timing than brother Ayushmann Khurrana: ‘He became such good actor’Farah Khan reminisced about meeting Aparshakti Khurana during Om Shanti Om promotions, expressing initial doubts about his film career. Apr 27, 2026
6 hours ago
Kejriwal flags timeline of Delhi judge Sharma and her children's legal postings: ‘At the very least, troubling’Arvind Kejriwal detailed a “sequence of events” of how Justice Swarana Kanta Sharma and her two children were given legal postings. Updated on: Apr 27
6 hours ago
BJP National President Nitin Nabin on Monday said the party is confident of winning the upcoming West Bengal Assembly elections, citing strong support from workers and public protests against the current government. National President on Monday expressed confidence that the would emerge victorious
6 hours ago
Oil prices rose Monday (April 27, 2026) while stocks were mixed with the United States and Iran no closer to ending their eight-week-old war after U.S. President Donald Trump cancelled his envoys’ trip for peace talks at the weekend. Hopes that the two sides could make progress during
6 hours ago
JPSC JET 2024 Exam Cancelled: The Jharkhand Public Service Commission conducted the JET 2024 exam on Sunday, but the examination had to be cancelled at two centres. The cancellation was not due to a paper leak or any other mismanagement, but because of issues with the printing of the question
6 hours ago
Rugby Premier League to have inaugural women's edition in JuneRugby Premier League (RPL) will have its inaugural women's edition in June. Updated on: Apr 27, 2026 2:57 PM IST PTI Share via Copy link Rugby Premier League (RPL) will have its inaugural women's edition in June with four franchise teams
6 hours ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Need a reliable printer? Check these top WiFi colour printers under ₹20000Printing costs add up fast. Here are WiFi colour printers under Rs. 20,000 that handle daily work, photos
6 hours ago
Ecommerce major Amazon India on Monday announced that its quick commerce arm Amazon Now will expand to 100 cities, backed by over 1,000 .This comes a few days after the company announced a Rs 2,800 crore investment to strengthen its infrastructure and operations across the country as part of a
6 hours ago
Rich tributes continue to pour in for Raghu Rai, India's most celebrated photojournalist, following his death at the age of 83. Rai spent more than five decades documenting the country, capturing moments from political power to everyday life with striking clarity
6 hours ago
Iran’s Foreign Minister Abbas Araghchi on Monday blamed the United States for the collapse of recent negotiations, as diplomatic efforts to end the conflict remain stalled. Speaking in Saint Petersburg during a visit to Russia, Araghchi said excessive US demands derailed talks that had shown
6 hours ago
The Future of Knowledge Work Summit 2026 in Bengaluru will bring together enterprise leaders to navigate the shift toward AI-driven, human–machine collaboration. As AI reshapes workflows, decision-making, and organizational structures, the summit will focus on what truly works in practice
6 hours ago
Iran’s Foreign Minister arrived in Russia on Monday (April 27, 2026) as peace efforts between Tehran and Washington hung in the balance, following a flurry of regional diplomacy and the collapse of planned talks in Pakistan. Abbas Araghchi arrived in Saint Petersburg
6 hours ago
India is the second most sleep-deprived nation in the world. Average sleep in Indian cities has dropped to under six hours a night. One in three working adults reports chronic fatigue — and yet we celebrate this. For this week’s Health Matters
6 hours ago
‘Bhaiya please bacche hain’: Indore couple with 2-year-old held hostage in car for 10 minutes, threatened with stickThe family remained trapped inside the locked vehicle as the man continued his aggressive behaviour, repeatedly demanding money. Published on: Apr 27
6 hours ago
Angkrish Raghuvanshi's dismissal for 'Obstructing the field' during Kolkata Knight Riders' (KKR) win over Lucknow Super Giants (LSG) has been the talk of the town in the ongoing Indian Premier League (IPL). The incident took place in the fifth over of the KKR innings after LSG skipper Rishabh Pant
6 hours ago
has signed an agreement with to secure power from the startup's infrastructure for the Facebook parent's by the end of the decade.Overview Energy is developing a system that can collect solar energy in space and beam it to facilities on the ground for power generation around the clock
6 hours ago
Rijiju said that 7 MPs, including Raghav Chadha and Swati Maliwal, they have not resorted to “abusive language and never created any indiscipline and unparliamentary conduct”. Vice President C P Radhakrishnan has approved the merger of seven Aam Aadmi Party (AAP) MPs with the BJP
6 hours ago
Rajya Sabha Chairman and Vice-President C.P. Radhakrishnan on Monday (April 27, 2026), accepted the merger of seven Aam Aadmi Party (AAP) MPs with the Bharatiya Janata Party (BJP). With the merger of 7 AAP MPs, BJP’s strength in Rajya Sabha rises to 113 while AAP falls to three
6 hours ago
Good news for all of the Indian travellers! Travel Saga Holidays has launched its amazing International Visa service for Indian travellers. The visa application process is not very easy for Indians, no matter the destination they have chosen. So
6 hours ago
