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
Mid, small-cap earnings growth likely to be strong in 2026
Mid, small-cap earnings growth likely to be strong in 2026: Mohit Khanna of PGIM India AMC
Mohit Khanna, Portfolio Manager – PMS for PGIM India AMC, believes Indian corporates will deliver healthy earnings growth in the years 2026 and 2027. "India's corporate earnings are entering a fascinating phase- one that's anything but uniform," Khanna said in an interview with Mint. On the Budget 2026 front, Khanna expects the government to focus on manufacturing and infrastructure development, which will ultimately lead to increased employment. Edited excerpts:
What are your expectations from the Budget this year?
Last year, the government focused on reviving sulking consumption while moderating capital spending.The theme continued when the government lowered GST rates, foregoing revenues for pushing consumption. The consumption cycle takes more than just a tax break for revival.
There is a definite need for accelerated job creation within the economy.
Therefore, I am expecting a budget focused on manufacturing and infrastructure creation, which will ultimately lead to increased employment in the economy.
Looking from the other side, the Government has done a remarkable job in lowering the fiscal deficit.
However, there should be a change in stance, in my view. The global trade remains uncertain due to the ongoing geopolitical slugfest; hence, it becomes imperative to spend a bit more to support internal economic growth.
A tad higher fiscal deficit/inflation would be supportive of nominal GDP growth.
There is an unprecedented level of geopolitical and external news flow impacting the markets in recent weeks. How are you reading this and navigating the volatility?
That's correct. There have been a lot of distractions in the markets that have led to sharp reactions by investors, leading to volatility in the overall financial markets.One of the outcomes of the ongoing uncertainty is the strong performance of precious metals and currency fluctuations.
We continue to focus on two critical factors to navigate this uncertainty: viz., asset allocation and stock selection.
This helps us to manage the portfolio both from the top down and bottom up.
We have consciously diversified our portfolio and paired it with a thoughtful position sizing discipline.
This has allowed us to allocate capital to a large set of sectors and sub-industries, which are sometimes uncorrelated as well. At the same time, we are creating a bottom-up portfolio via an individual stock selection process by focusing on earnings growth, cash flow generation, margin and ROIC (return on incremental capital) expansion.
After a relatively better performance by large caps (Nifty 50) in CY25 and the recent sharp correction in the Indian markets, what are your expectations for CY26?
The performance should be driven by earnings. India's corporate earnings are entering a fascinating phase- one that's anything but uniform.According to Bloomberg consensus estimates, CY25–CY27E reveals a multi-speed growth story across large, mid, and small caps.
While some segments promise stability, others are gearing up for explosive growth, and a few will test investor patience before rewarding conviction.
If one is planning their portfolio for the next three years, understanding these dynamics is critical.
Earnings growth for large caps is projected at 16% YoY in CY25E, moderating to 5% YoY in CY26E, before rebounding to 14% YoY in CY27E.
Large caps have already delivered strong earnings in CY25, making incremental growth harder compared to mid and small caps.
As per Bloomberg, after a -7.7% YoY earnings dip in CY25E, earnings for small caps are expected to roar back with 24% YoY growth in CY26E and 22% YoY in CY27E.
Volatility is real, but so is the upside for those with patience and conviction. Small caps have faced a near-term earnings dip this CY25, but the sharp recovery in CY26–CY27E signals high-risk, high-reward potential offering outsized upside.
Mid-caps are expected to shine with stellar earnings growth of 26% YoY in CY25E, followed by 22% YoY in CY26E and 21% YoY in CY27E.
They strike the perfect balance, scaling businesses with proven models and strong earnings momentum, shining in periods of structural reforms and consumption booms.
They combine growth with relative stability, making them a core allocation for investors seeking risk-adjusted returns.
Which sectors are you bullish on currently, and which sector, according to you, could be a dark horse for this year?
While I have recently increased allocation to financials, I am still underweight. The sector still has to contain margin pressures even as the asset quality issues have been addressed. In the event of a rate cut, pressure on NIMs would persist.I remain bullish on defence, infrastructure, capital goods and consumption. I believe that at some point, IT would start reaping the benefits of INR depreciation and acceleration in AI-application adoption, which remains my dark horse pick for CY26.
Read all market-related news here
Read more stories by Nishant Kumar
Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of the expert, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Source: LiveMint
Related Posts: India’s PMS & AIF Industry Records Decade-High Growth ICICI Prudential AMC IPO Lists At Rs 2 Rubicon Research vs Canara Robeco AMC IPO AMC Theatres to run even more ads before movies play after holding out for years Canara Robeco AMC IPO ICICI Pru AMC IPO day 3 Man, With Rs 100 Crore Portfolio, Returns To India After 10 Years In US Akshaye Khanna's Dhurandhar Dance Inspired By Dad Vinod Khanna WestBridge in no rush to exit as portfolio firms make public market debuts Mohit Suri Reveals Why He Chose Faheem Over Arijit Singh For Saiyaara Title Track
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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days 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
1 days ago
